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RBA Glossary definition for ACCC

ACCCAustralian Competition and Consumer Commission. A Commonwealth statutory authority responsible for ensuring compliance with the Competition and Consumer Act 2010 (formerly the Trade Practices Act 1974) and the provisions of the Conduct Code. The Commission's consumer protection work complements that of State and Territory consumer affairs agencies.

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Submission to the Australian Competition and Consumer Commission – April 2024 | Submissions Payments System

23 Apr 2024 Submissions
In June 2023, the ACCC approved the merger between Linfox Armaguard and Prosegur Australia. ... These discussions are occurring in line with the first ACCC Interim Authorisation (AA1000654), and consistent with the subsequent ACCC draft determination.
https://www.rba.gov.au/publications/submissions/payments-system/accc-on-aba-cash-in-transit-application-04-2024/index.html

Australian Banking Association – Application for Authorisation AA1000664

23 Apr 2024 Submissions PDF 113KB
In June 2023, the ACCC approved the merger between Linfox Armaguard and Prosegur Australia. ... These discussions are occurring in line with the first ACCC Interim Authorisation (AA1000654), and consistent with the subsequent ACCC draft determination.
https://www.rba.gov.au/publications/submissions/payments-system/accc-on-aba-cash-in-transit-application-04-2024/pdf/submission-to-accc-on-aba-cash-in-transit-application-april-2024.pdf

Australian Banking Association (cash-in-transit initiatives)

22 Jan 2024 Submissions PDF 102KB
Submission to the ACCC
https://www.rba.gov.au/publications/submissions/payments-system/pdf/submisssion-to-accc-on-aba-cash-in-transit-authorisation-jan-2024.pdf

Reforms to the Payment Systems (Regulation) Act 1998

20 Dec 2023 Submissions PDF 306KB
This reform. would bring the Bank up to date with comparable agencies and regimes, including ASIC, the ACCC and.
https://www.rba.gov.au/publications/submissions/payments-system/pdf/treasury-consultation-on-reforms-to-the-psra-submission-07-07-2023.pdf

Reforms to the Payment Systems (Regulation) Act 1998

1 Dec 2023 Submissions PDF 446KB
Submission to Consultation on Exposure Draft Legislation
https://www.rba.gov.au/publications/submissions/payments-system/pdf/reforms-to-the-payment-systems-regulation-nov-2023.pdf

Commonwealth of Australia: In the Australian Competition Tribunal – April 2004 | Payments System | Submissions

13 Jun 2023 Submissions
Given the potential overlap in regulatory responsibilities, the RBA and ACCC have entered into a Memorandum of Understanding. ... A review of arrangements by the ACCC is warranted where such arrangements are priced contrary to efficiency principles.”.
https://www.rba.gov.au/publications/submissions/payments-system/au-competition-tribunal/index.html

Submission to Payments System Review – January 2021 | Responses and Options Paper

25 May 2023 Submissions
Both the Bank and the ACCC have a mandate to promote competition in the market for payment services. ... information; additional ad hoc meetings are also held between the RBA and ACCC staff to discuss specific issues in detail.
https://www.rba.gov.au/publications/submissions/payments-system/submission-to-payments-system-review-01-2021/index.html

Inquiry into Mobile Payment and Digital Wallet Financial Services – July 2021 | Payments System | Submissions

25 May 2023 Submissions
In Australia, the ACCC denied an application by four Australian banks (including three of the major banks) for authorisation to collectively bargain with Apple over access to the iPhone's NFC ... However, the market has since matured significantly and
https://www.rba.gov.au/publications/submissions/payments-system/inquiry-into-mobile-payment-and-digital-wallet-financial-services/index.html

Proposed Merger Between Armaguard and Prosegur – April 2023 | Responses and Options Paper

24 May 2023 Submissions
Submissions – Payments System Proposed Merger Between Armaguard and Prosegur. Submission to ACCC consultation on Proposed Undertaking. ... of Preliminary Views (the Response) provided by Armaguard and Prosegur (the Applicants) to the ACCC and released
https://www.rba.gov.au/publications/submissions/payments-system/proposed-merger-armaguard-and-prosegur-submission-april-2023/index.html

Proposed merger between Armaguard and Prosegur – October 2022 | Responses and Options Paper

24 May 2023 Submissions
Submissions – Payments System Proposed merger between Armaguard and Prosegur. Submission to the ACCC. ... The Reserve Bank notes a number of recent developments in the provision of ATM services, which may be of relevance to the ACCC's consideration of
https://www.rba.gov.au/publications/submissions/payments-system/proposed-merger-armaguard-and-prosegur-submission-october-2022/index.html