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RBA Glossary definition for Designation

Designation – The formal notification of action taken to exercise powers conferred by legislation.

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

8 May 2024 Submissions
While the Reserve Bank has not exercised its powers with respect to the Australian EFTPOS system, it has consulted industry participants on the need for designation of the system. ... The Reserve Bank wrote to industry participants in December 2003
https://www.rba.gov.au/publications/submissions/payments-system/au-competition-tribunal/index.html

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

8 May 2024 Submissions
The Reserve Bank also notes the Applicants' reference to a proposed ministerial designation power as outlined in the Treasury consultation on ‘A Strategic Plan for the Payments System in Australia’ (Strategic ... The Reserve Bank understands that the
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

8 May 2024 Submissions
Submissions – Payments System Proposed merger between Armaguard and Prosegur. Submission to the ACCC. October 2022. Download the Submission 6.7. MB. Note: Some statements have been redacted. The Reserve Bank of Australia (the Reserve Bank) has
https://www.rba.gov.au/publications/submissions/payments-system/proposed-merger-armaguard-and-prosegur-submission-october-2022/index.html

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

23 Feb 2024 Submissions
the Ministerial designation power does not extend to enforcement and specific implementation mechanisms, consistent with the original policy proposal that Treasury consulted on.
https://www.rba.gov.au/publications/submissions/payments-system/reforms-to-the-psra/index.html

Domestic Regulatory Developments

8 Oct 2021 FSR – October 2021
increasing flexibility to regulate new and emerging payment systems, including by expanding the Bank's ability to designate payment systems and by introducing a new designation power for the Treasurer, guided
https://www.rba.gov.au/publications/fsr/2021/oct/regulatory-developments.html

Developments in the Financial System Architecture

15 Oct 2015 FSR October 2015 PDF 71KB
https://www.rba.gov.au/publications/fsr/2015/oct/pdf/dev-fin-sys-arch.pdf

Domestic Regulatory Developments

21 Nov 2022 FSR - October 2021 PDF 120KB
https://www.rba.gov.au/publications/fsr/2021/oct/pdf/04-regulatory-developments.pdf

Developments in the Financial System Architecture

20 Oct 2015 FSR – October 2015
In August, the PSB asked Bank staff to liaise with industry participants on the possible designation of certain card systems, including the bank-issued American Express companion card system, the Debit ... Following this liaison, the Bank designated
https://www.rba.gov.au/publications/fsr/2015/oct/dev-fin-sys-arch.html

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

Developments in the Financial System Architecture

24 Sep 2013 FSR September 2013 PDF 700KB
https://www.rba.gov.au/publications/fsr/2013/sep/pdf/dev-fin-sys-arch.pdf