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RBA Glossary definition for ACT
ACT – Australian Competition Tribunal
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Payment Systems (Regulation) Act 1998, The designated credit card systems (Bankcard, MasterCard and VISA)
24 Nov 2005
Media Release
PDF
199KB
Reform of Credit Card Schemes in Australia: Credit Card Interchange Fees
https://www.rba.gov.au/media-releases/2005/pdf/mr-05-13-gazette-notice-ccc-std.pdf
Payment System (Regulations) Act 1998, Access Regime for the Visa Debit System
19 Aug 2005
Media Release
PDF
190KB
Reform of Visa Debit Card Scheme in Australia
https://www.rba.gov.au/media-releases/2005/pdf/mr-05-10-gazette-notice-access-regime.pdf
Reform of Card Payment Systems in Australia
9 Sep 2004
Media Releases
Announces that the RBA has designated the EFTPOS debit card payment system in Australia as a payment system under the Payment Systems (Regulation) Act 1998. Designation is the first step in the possible establishment of standards and/or an access
https://www.rba.gov.au/media-releases/2004/mr-04-08.html
Designation of Visa Debit Card Scheme in Australia
23 Feb 2004
Media Releases
Announcement that the RBA has designated the debit and credit card scheme operated in Australia by Visa International as a payment system under the Payment Systems (Regulation Act 1998)
https://www.rba.gov.au/media-releases/2004/mr-04-01.html
Review of Card Payments Regulation: Conclusions
26 May 2016
Media Releases
The Reserve Bank has released the Conclusions to its Review of Card Payments Regulation and Final Standards relating to Surcharging and to Interchange Fees in designated card schemes.
https://www.rba.gov.au/media-releases/2016/mr-16-15.html
Payments System Board Update: February 2023 Meeting
16 Feb 2023
Media Releases
Today’s Payments System Board meeting discussed ASX’s self-assessment against the Financial Stability Standards (FSS), the Bank’s framework for supervising payment system safety and resilience, payments system regulatory reform, the future of
https://www.rba.gov.au/media-releases/2023/mr-23-05.html
Designation of Credit Card Schemes in Australia
12 Apr 2001
Media Releases
Following a decision by the Payments System Board, the Reserve Bank has today brought credit card schemes in Australia under its regulatory oversight
https://www.rba.gov.au/media-releases/2001/mr-01-09.html
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15 Sep 2003
Media Release
PDF
152KB
Regulation of Purchased Payment Facilities:. Proposed Exemptions under the Payment Systems (Regulation) Act 1998. ... 3) of the Act on [insert date of limited facility exemption notice]; and.
https://www.rba.gov.au/media-releases/2003/pdf/mr-03-11-discussion-paper.pdf
Payment System Reform
20 Jul 2005
Media Releases
The Reserve Bank has released for public comment a draft revised standard for the setting of credit card interchange fees, which would mean the establishment of a common benchmark rather than scheme-specific benchmarks for the Bankcard, MasterCard
https://www.rba.gov.au/media-releases/2005/mr-05-08.html
Regulators Release Feedback on Financial Institutions' Preparation for LIBOR Transition
8 Apr 2020
Media Releases
RBA Assistant Governor (Financial Markets) Christopher Kent said, ‘Institutions using LIBOR need to act now to transition to more robust benchmarks in a timely way.
https://www.rba.gov.au/media-releases/2020/mr-20-12.html