Search: FMA Act
RBA Glossary definition for ACT
ACT – Australian Competition Tribunal
RBA Glossary definition for FMA Act
FMA Act – Financial Management and Accountability Act 1997 (which was replaced by the Public Governance, Performance and Accountability Act 2013 on 1 July 2014).
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A Variation to the Surcharging Standards: A Consultation Document - December 2011
16 Dec 2011
Consultations
PDF
1016KB
Surcharging Standards
https://www.rba.gov.au/publications/consultations/201112-variation-surcharging-standards/pdf/201112-variation-surcharging-standards.pdf
Interchange Fees Standard | Review of the Regulatory Framework for the EFTPOS System: Consultation on Options for Reform June 2012 |…
8 Jun 2012
Consultations
Section 18(1) of the Payment Systems (Regulation) Act provides that the Bank may determine standards to be complied with by participants in a designated payment system if it considers that ... Under section 18(3) the Bank may also revoke a Standard.
https://www.rba.gov.au/publications/consultations/201206-rev-reg-frmwrk-eftpos-sys/interchange-fees-std.html
Designation of the EFTPOS System | Review of the Regulatory Framework for the EFTPOS System: Consultation on Options for Reform June 2012 | …
8 Jun 2012
Consultations
The Act, however, does not provide the Bank with the power to vary a designation. ... The meaning of the public interest is set out in section 8 of the Payment Systems (Regulation) Act.
https://www.rba.gov.au/publications/consultations/201206-rev-reg-frmwrk-eftpos-sys/designation-efpos-system.html
Review of the Regulatory Framework for the eftpos System: Consultation on Designation - March 2012
8 Mar 2012
Consultations
PDF
1032KB
Under the Payment Systems (Regulation) Act 1998, the Reserve Bank must designate a payment system, if it considers it to be in the public interest, before it can impose standards or ... Such a definition would clearly define the eftpos system and. 5
https://www.rba.gov.au/publications/consultations/201203-replacing-eftpos-designation/pdf/201203-replacing-eftpos-designation.pdf
Strategic Review of Innovation in the Payments System: Issues for Consultation - June 2011
30 Jun 2011
Consultations
PDF
1163KB
Strategic Review of Innovation in the Payments System
https://www.rba.gov.au/publications/consultations/201106-strategic-review-innovation/issues/pdf/201106-strategic-review-innovation-issues.pdf
Options for Reform | Proposed Variation to the MasterCard and Visa Access Regimes: Consultation Document December 2013 | Consultations
6 Dec 2013
Consultations
In particular, the. Banking Act 1959. stipulates that only entities that are ADIs, the Reserve Bank or those with exemptions can carry on ‘banking business’ in Australia.
https://www.rba.gov.au/publications/consultations/20131206-prop-variations-to-mc-visa-access-regimes/options-reform.html
A Variation to the Access Regime for the ATM System: Consultation Document May 2012
28 May 2012
Consultations
PDF
804KB
as set out above and below. Application1. 2. This Access Regime is imposed under Section 12 of the Payment Systems (Regulation) Act 1998. ... terms defined in the Payment Systems (Regulation) Act 1998 have the same meaning in this Access Regime.
https://www.rba.gov.au/publications/consultations/201205-acc-reg-atm-sys-cons-doc/pdf/201205-acc-reg-atm-sysm-cons-doc.pdf
Attachment 2 | Review of the Regulatory Framework for the EFTPOS System: Consultation on Options for Reform June 2012 | Consultations
8 Jun 2012
Consultations
This Standard is determined under Section 18 of the. Payment Systems (Regulation) Act 1998. ... acquirer;. terms defined in the. Payment Systems (Regulation) Act 1998. have the same meaning in this Standard.
https://www.rba.gov.au/publications/consultations/201206-rev-reg-frmwrk-eftpos-sys/attachment-2.html
Reasons for a Review of Regulation | Proposed Variation to the MasterCard and Visa Access Regimes: Consultation Document December 2013 |…
6 Dec 2013
Consultations
Reserve Bank Act 1959. This appears to be an artificial constraint which prevents the Bank from delivering services to the Commonwealth in the most efficient possible way.
https://www.rba.gov.au/publications/consultations/20131206-prop-variations-to-mc-visa-access-regimes/reasons-for-review-regulation.html
Preliminary Assessment | Proposed Variation to the MasterCard and Visa Access Regimes: Consultation Document December 2013 | Consultations
6 Dec 2013
Consultations
Accordingly, APRA has indicated that it does not support providing exemptions from Banking Act obligations for any credit card issuers or acquirers, or applying less stringent requirements than for other ADIs.
https://www.rba.gov.au/publications/consultations/20131206-prop-variations-to-mc-visa-access-regimes/preliminary-assessment.html