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RBA Glossary definition for EC

EC – European Commission

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Austraclear | 2007/08 Assessment

9 Mar 2023
Nonetheless, Austraclear has made amendments to its Regulations to incorporate arrangements covering the EC Settlement Facility, and these Regulations have effect as a contract between Austraclear participants. ... Settlement of the financial component
https://www.rba.gov.au/payments-and-infrastructure/financial-market-infrastructure/clearing-and-settlement-facilities/assessments/2007-2008/austraclear.html

Regulatory Developments Overseas | Issues for the 2007/08 Review – May 2007

9 Mar 2023
A similar EC investigation into MasterCard's cross-border interchange fees is ongoing. ... The EC published a report on payment cards in 2006 as part of an inquiry into retail banking.
https://www.rba.gov.au/payments-and-infrastructure/payments-system-regulation/past-regulatory-reviews/review-of-card-payment-systems-reforms/review-0708-issues/reg-devel-overseas.html

References | Review of Card Payments Regulation – May 2016 | Conclusions Paper | Submissions

9 Mar 2023
Available at <http://ec.europa.eu/competition/sectors/financial_services/dgcomp_final_report_en.pdf>. European Commission (2015b),. Competition enforcement in the payment card market. ... Available at
https://www.rba.gov.au/payments-and-infrastructure/review-of-card-payments-regulation/conclusions-paper-may2016/references.html

Interchange Fees and Transparency of Card Payments | Review of Card Payments Regulation – May 2016 | Conclusions Paper | Submissions

9 Mar 2023
This would be consistent with the likely direction of policy in Europe, where the EC has a competition case outstanding against Visa's setting of its ‘inter-regional’ interchange fees. ... The EC has also issued a statement of objection with respect
https://www.rba.gov.au/payments-and-infrastructure/review-of-card-payments-regulation/conclusions-paper-may2016/interchange-fees-and-transparency-of-card-payments.html

9. References | Review of Retail Payments Regulation – Conclusions Paper

9 Mar 2023
Review of Retail Payments Regulation – Conclusions Paper
https://www.rba.gov.au/payments-and-infrastructure/review-of-retail-payments-regulation/conclusions-paper-202110/references.html

Interchange fees | Review of Retail Payments Regulation – Conclusions Paper

9 Mar 2023
Review of Retail Payments Regulation – Conclusions Paper
https://www.rba.gov.au/payments-and-infrastructure/review-of-retail-payments-regulation/conclusions-paper-202110/interchange-fees.html

Self-assessment of the Australian Securities and Investments Commission and Reserve Bank of Australia – Clearing and Settlement Facilities

9 Mar 2023
4. ]. – Other cooperative arrangements are being established. For instance, further to an equivalence assessment in 2013, the European Securities and Markets Authority (ESMA) advised the European Commission (EC) that it regards ... Accordingly, the EC
https://www.rba.gov.au/payments-and-infrastructure/financial-market-infrastructure/principles/assessment-against-responsibilities/responsibilities-of-authorities/2014/introduction.html

Payments System Governance | Strategic Review of Innovation in the Payments System: Conclusions – June 2012

9 Mar 2023
The European Commission (EC) has begun consultation – as part of a broader consultation on the card, internet and mobile payments markets – into governance of the industry and the Single European Payments ... The SEPA Council, established and
https://www.rba.gov.au/payments-and-infrastructure/payments-system-regulation/past-regulatory-reviews/strategic-review-of-innovation-in-the-payments-system/conclusions/payment-system-governance.html

Other Material Developments | Assessment of LCH Limited's SwapClear Service-December 2020

9 Mar 2023
Available at <https://ec.europa.eu/info/european-union-and-united-kingdom-forging-new-partnership/brexit-brief/transition-period_en>. ... Available at <https://ec.europa.eu/commission/presscorner/detail/en/ip_20_1140>; and a Phase 2 review by the
https://www.rba.gov.au/payments-and-infrastructure/financial-market-infrastructure/clearing-and-settlement-facilities/assessments/lch/2020/other-material-developments.html

List of tables | Issues for the 2007/08 Review – May 2007

9 Mar 2023
European Union. 2002: The European Commission (EC) reached agreement with Visa to reduce its cross-border interchange fees by December 2007.
https://www.rba.gov.au/payments-and-infrastructure/payments-system-regulation/past-regulatory-reviews/review-of-card-payment-systems-reforms/review-0708-issues/tables.html