Search: CCP Standards

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RBA Glossary definition for CCP

CCP – Central counterparty

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

8 May 2024 Submissions
has designated the payment system and imposed an access regime and/or set standards for that system. ... Individual payment schemes (such as the card schemes) also have their own rules and standards that members of those schemes must follow.
https://www.rba.gov.au/publications/submissions/payments-system/submission-to-payments-system-review-01-2021/index.html

Inquiry into Future Directions for the Consumer Data Right – April 2020 | Payments System | Submissions

8 May 2024 Submissions
Accordingly, third parties would need to be appropriately licensed to ensure that they meet strict data security and privacy standards, and that they do not expose consumers to an increased risk
https://www.rba.gov.au/publications/submissions/payments-system/future-directions-for-the-consumer-data-right/index.html

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

8 May 2024 Submissions
NFC is a wireless technology that allows compatible devices to exchange data over short distances and is based on the same technology standard used for contactless payments using physical (plastic) debit
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 – October 2022 | Responses and Options Paper

8 May 2024 Submissions
In addition, for the BDA Participant banks, APRA Prudential Standard 231: Outsourcing could also be relevant. ... translation of the current bilateral arrangements into the new standard terms and conditions.
https://www.rba.gov.au/publications/submissions/payments-system/proposed-merger-armaguard-and-prosegur-submission-october-2022/index.html

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

8 May 2024 Submissions
The Reserve Bank has the power under the PSRA to designate ‘payment systems’ as being subject to its regulation and then to impose standards and/or access regimes on ‘participants’ in
https://www.rba.gov.au/publications/submissions/payments-system/proposed-merger-armaguard-and-prosegur-submission-april-2023/index.html

Submission to the Senate Inquiry into Matters Relating to Credit Card Interest Rates-Introduction

8 May 2024 Submissions
The major points include:. There are a wide range of card products and issuers in the Australian credit card market, and while ‘standard’ interest rates on credit cards tend to be ... Advertised rates on standard and lower-rate cards have been quite
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-matters-relating-to-credit-card-interest-rates-2015-08/introduction.html

Submission to the Senate Inquiry into Matters Relating to Credit Card Interest Rates-Credit cards as sources of credit

8 May 2024 Submissions
The Bank publishes data on average advertised credit card interest rates for ‘standard’ and ‘low-rate’ cards. ... These data are average advertised (ongoing) interest rates rather than the average interest rate actually paid by all holders of
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-matters-relating-to-credit-card-interest-rates-2015-08/credit-cards-source-of-credit.html

Submission to the Senate Inquiry into Matters Relating to Credit Card Interest Rates-Credit Cards as Payment Instruments

8 May 2024 Submissions
The average level of interchange rates is subject to a Reserve Bank standard that requires that the weighted average of the schedule of rates does not exceed 50 basis points, with ... Issuing banks can earn higher interchange fee revenue on these
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-matters-relating-to-credit-card-interest-rates-2015-08/credit-cards-as-payment-instruments.html

Reforms to the Payment Systems (Regulation) Act 1998 Submission to Senate Economics Legislation Committee - February 2024

15 Apr 2024 Submissions PDF 266KB
when giving effect to a direction from a Minister. • the effect of conflicts between a special access regime, standard or direction and the RBA’s.
https://www.rba.gov.au/publications/submissions/payments-system/reforms-to-the-psra/pdf/reforms-to-the-payment-systems-regulation-feb-2024.pdf

Reforms to the Payment Systems (Regulation) Act 1998 Submission to Senate Economics Legislation Committee – February 2024 | Payments System …

23 Feb 2024 Submissions
the effect of conflicts between a special access regime, standard or direction and the RBA’s ‘normal’ regulation has been clarified.
https://www.rba.gov.au/publications/submissions/payments-system/reforms-to-the-psra/index.html