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RBA Glossary definition for HAC Rule

HAC Rule – Honour All Cards Rule

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Designation of Visa Debit Card Scheme in Australia

23 Feb 2004 Media Releases
Announcement that the RBA has designated the debit and credit card scheme operated in Australia by Visa International as a payment system under the Payment Systems (Regulation Act 1998)
https://www.rba.gov.au/media-releases/2004/mr-04-01.html

Banking (Foreign Exchange) Regulations 1959 Sanctions Against Syria, Libya and Zimbabwe – Amendments to the Annexes

3 Aug 2011 Media Releases
Media Release announcing financial sanctions against Syria, Libya and Zimbabwe
https://www.rba.gov.au/media-releases/2011/mr-11-17.html

Payment Card Access Regimes

18 Dec 2014 Media Releases
Payment Card Access Regimes
https://www.rba.gov.au/media-releases/2014/mr-14-22.html

Payment Systems (Regulation) Act 1998 The Designated VISA Credit Card System

23 Feb 2004 Media Releases
Payment Systems (Regulation) Act 1998 The Designated VISA Credit Card System
https://www.rba.gov.au/media-releases/2004/mr-04-02-gazette-notice-visa.html

Payments System Issues: Guidance Note for the Varied Surcharging Standards

23 Aug 2012 Media Releases
Number 2012-22. Date. 23 August 2012. In June, the Reserve Bank announced the decision to vary the surcharging Standards to allow card scheme rules to limit surcharges to the reasonable
https://www.rba.gov.au/media-releases/2012/mr-12-22.html

Payments System Issues

20 May 2009 Media Releases
At its meeting on 15 May 2009, the Payments System Board considered issues relating to clearing and settlement facilities, and the industry's progress on meeting the Board's conditions if it is to step back from interchange regulation
https://www.rba.gov.au/media-releases/2009/mr-09-10.html

December: 1997-Methodology

9 Mar 2023 Media Release
the relevant payments system or because some other factor (eg internal procedures, correspondent banking arrangements, local payments system rules, laws) makes cancellation dependent upon the consent of the counterparty or another
https://www.rba.gov.au/media-releases/1997/mr-97-22-fxsp/methodology.html

Statement by the Governor, Mr Ian Macfarlane: Reduction in Interest Rates

30 Jul 1997 Media Releases
Announcement of reduction in the cash rate by 50 basis points, to 5.0 per cent
https://www.rba.gov.au/media-releases/1997/mr-97-15.html

Payment System Reform

20 Jul 2005 Media Releases
The Reserve Bank has released for public comment a draft revised standard for the setting of credit card interchange fees, which would mean the establishment of a common benchmark rather than scheme-specific benchmarks for the Bankcard, MasterCard
https://www.rba.gov.au/media-releases/2005/mr-05-08.html

Payments System Board Decisions

22 Aug 2005 Media Releases
The Reserve Bank has imposed an Access Regime on the Visa Debit system, in order to ensure that Specialist Credit Card Institutions (SCCIs) are eligible to join the Visa system to provide services to merchants accepting both Visa credit and debit
https://www.rba.gov.au/media-releases/2005/mr-05-10.html