Search: FSI

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RBA Glossary definition for FSI

FSI – Financial System Inquiry

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

9 Mar 2023
This was highlighted during the recent FSI, which received over 5,000 submissions on the topic as part of a public campaign. ... with either the Board's efficiency mandate or the intent of the Government's response to the FSI.
https://www.rba.gov.au/payments-and-infrastructure/review-of-card-payments-regulation/conclusions-paper-may2016/excessive-surcharging.html

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

9 Mar 2023
The Final Report of the Financial System Inquiry (FSI), released in December 2014, endorsed the reforms undertaken by the Board since it was established. ... The Bank received over 40 written submissions in response to the Paper and also considered
https://www.rba.gov.au/payments-and-infrastructure/review-of-card-payments-regulation/conclusions-paper-may2016/introduction.html

Next Steps | Review of Card Payments Regulation

9 Mar 2023
The Bank will also consider any submissions on card payments regulation made in response to the current Government consultation on the FSI recommendations.
https://www.rba.gov.au/payments-and-infrastructure/review-of-card-payments-regulation/next-steps.html

Developments in the Card Payments Market | Review of Card Payments Regulation

9 Mar 2023
FSI) receiving over 5 000 submissions on the topic as part of a public campaign. ... The FSI's Final Report recommended that the Board consider a three-tiered approach to addressing excessive surcharging (see Chapter 5).
https://www.rba.gov.au/payments-and-infrastructure/review-of-card-payments-regulation/developments-card-payments-mkt.html

Box B: Competition and Consumer Amendment (Payment Surcharges) Act 2016 | Review of Card Payments Regulation – May 2016 | Conclusions Paper …

9 Mar 2023
In October 2015, the Government released its response to the FSI, announcing that it would provide the ACCC with the power to take action in relation to instances of excessive surcharging.
https://www.rba.gov.au/payments-and-infrastructure/review-of-card-payments-regulation/conclusions-paper-may2016/box-b.html

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

9 Mar 2023
March. Available at <http://fsi.treasury.gov.au/content/FinalReport.asp>. Financial System Inquiry (2014), ‘Financial System Inquiry Final Report (D Murray, Chair)’, November. ... Available at
https://www.rba.gov.au/payments-and-infrastructure/review-of-card-payments-regulation/conclusions-paper-may2016/references.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

Competitive Neutrality and Net Payments to Issuers | Review of Card Payments Regulation – May 2016 | Conclusions Paper | Submissions

9 Mar 2023
One approach would be to publish thresholds for when a payment system would be subject to regulation, potentially based on market share as suggested in the FSI Final Report. ... The Board also further considered whether other payment systems should be
https://www.rba.gov.au/payments-and-infrastructure/review-of-card-payments-regulation/conclusions-paper-may2016/competitive-neutrality-and-net-payments-to-issuers.html

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

9 Mar 2023
The FSI Final Report had also concluded that lower interchange fees would improve the efficiency of the payments system. ... It is noteworthy that following a comprehensive review of the financial system, the FSI Final Report reached a similar judgement,
https://www.rba.gov.au/payments-and-infrastructure/review-of-card-payments-regulation/conclusions-paper-may2016/interchange-fees-and-transparency-of-card-payments.html

Final Incident Report RITS and FSS Incident – 12 October 2022

25 Nov 2022 Media Release PDF 146KB
22:05 External Communication. RITS Evening Session has been extended by 30 minutes to 22:30 to allow members to submit manual FSI’s to RITS for settlement.
https://www.rba.gov.au/media-releases/2022/pdf/mr-22-40-final-incident-report-rits-and-fss-incident-12-october-2022.pdf