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RBA Glossary definition for APCS

APCS – Australian Paper Clearing System operated by Australian Payments Network (AusPayNet)

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About the Payments System Board

28 Sep 2022 PSB Annual Report – September 2022
In August 2021, the Board held its final annual meeting with members of the Australian Payments Council (APC). ... to the Treasury Payments System Review would largely supersede the role of the APC.
https://www.rba.gov.au/publications/annual-reports/psb/2022/about-the-payments-system-board.html

Determinations

9 Mar 2023
Links to current determinations imposed by the Reserve Bank under the Cheques Act 1986 and links to relevant media releases
https://www.rba.gov.au/payments-and-infrastructure/payments-system-regulation/determinations.html

Abbreviations | 2020 Assessment of the Reserve Bank Information and Transfer System

9 Mar 2023
APC. Australian Payments Council. APRA. Australian Prudential Regulation Authority. ASIC. Australian Securities and Investments Commission.
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2020/abbreviations.html

Retail Payments Regulation and Policy Issues

21 Oct 2021 PSB Annual Report – 2021
The payments industry is continuing to work on developing governance arrangements for the TrustID digital identity framework, which was developed by the Australian Payments Council (APC) in 2019 to facilitate the ... In 2019, the Bank undertook a
https://www.rba.gov.au/publications/annual-reports/psb/2021/retail-payments-regulation-and-policy-issues.html

ISO 20022 Migration for the Australian Payments System – Responses and Options Paper | Consultations

28 Sep 2019 Consultations
Interchange Standards and Net Compensation
https://www.rba.gov.au/publications/consultations/201909-iso-20022-migration-for-the-australian-payments-system-responses-options.html

2019 Assessment of the Reserve Bank Information and Transfer System – Material Developments

9 Mar 2023
The Bank and APC intend to release two further consultation papers as part of a consultation program during 2019 and 2020. ... The Bank and APC have targeted the end of 2024 to complete ISO 20022 migration, well ahead of the end of support for the
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2019/material-developments.html

General Background | 2009 Self-assessment of the Reserve Bank Information and Transfer System

9 Mar 2023
APCA currently co-ordinates and manages five clearing systems: the Australian Paper Clearing System (APCS) for cheques, the Bulk Electronic Clearing System (BECS) for direct entry, the Consumer Electronic Clearing System
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2009/background.html

Governance | ISO 20022 Migration for the Australian Payments System – Responses and Options Paper – September 2019

31 Dec 2002 Consultations
There is strong support for an appropriate body (such as the APC, RBA or the Payments System Board (PSB)) to provide oversight and to ensure ongoing industry commitment and accountability. ... Figure 13: Proposed Governance Structure. In this model, the
https://www.rba.gov.au/publications/consultations/201909-iso-20022-migration-for-the-australian-payments-system-responses-options/governance.html

Glossary | ISO 20022 Migration for the Australian Payments System – Issues Paper – April 2019

31 Dec 2002 Consultations
AML/CTF. Anti-Money Laundering/Counter-Terrorism Financing. APC. Australian Payments Council. APCS. Australian Paper Clearing System. ... LVSS. Low Value Settlement Service. A RITS service used for the lodgement of settlement instructions for obligations
https://www.rba.gov.au/publications/consultations/201904-iso-20022-migration-for-the-australian-payments-system/glossary.html

Strategic Issues – Project Governance | ISO 20022 Migration for the Australian Payments System – Issues Paper – April 2019

31 Dec 2002 Consultations
The RBA and APC recognise that individual participants will each have different costs and challenges and that the benefits of an ISO 20022 migration may be realised more readily for some ... PSB and APC – these peak oversight bodies for the Australian
https://www.rba.gov.au/publications/consultations/201904-iso-20022-migration-for-the-australian-payments-system/strategic-issues-project-governance.html