Search: MOU
RBA Glossary definition for MOU
MOU – Memorandum of Understanding. A statement specifying a common understanding relative to responsibilities and authorities on matters on common interest. For example the RBA has entered into MOUs with the Australian Prudential Regulation Authority (APRA), the Australian Securities and Investments Commission (ASIC) and the Australian Competition and Consumer Commission (ACCC).
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Mandates | Macroprudential Analysis and Policy in the Australian Financial Stability Framework – September 2012
9 Mar 2023
The two agencies agreed on an MOU in 2002, detailing the processes and information-sharing arrangements they would follow in pursuit of these joint responsibilities. ... In addition to its MOU with the RBA, ASIC has an MOU with APRA establishing a
https://www.rba.gov.au/fin-stability/resources/2012-09-map-aus-fsf/mandates.html
Central Bank Responsibilities | 2009 Self-assessment of the Reserve Bank Information and Transfer System
9 Mar 2023
The Reserve Bank's MOU with ASIC sets out a similar framework for co-operation in respect of regulatory responsibilities for clearing and settlement facilities. ... In response to the recent financial turmoil the Council has issued a joint MOU between
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2009/responsibilities.html
Statement of Intent of the Payments System Board
9 Mar 2023
For instance: the PSB has a Memorandum of Understanding (MOU) with the Australian Payments Council (APC) to support regular engagement between the two bodies; the Bank has a bilateral agreement with
https://www.rba.gov.au/about-rba/boards/psb/psb-statement-of-intent.html
List of Acronyms | 2009 Self-assessment of the Reserve Bank Information and Transfer System
9 Mar 2023
IMF. International Monetary Fund. IOSCO. International Organization of Securities Commissions. MOU.
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2009/acronyms.html
General Background | 2009 Self-assessment of the Reserve Bank Information and Transfer System
9 Mar 2023
To ensure a co-ordinated policy approach on competition and access in the payments system, the ACCC and the Reserve Bank have agreed a Memorandum of Understanding (MOU). ... Given the shared responsibility for regulating clearing and settlement facilities
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2009/background.html
Self-assessment of the Australian Securities and Investments Commission and Reserve Bank of Australia – Clearing and Settlement Facilities
9 Mar 2023
ASIC and the Bank have agreed an MOU, which is intended to promote transparency, help prevent unnecessary duplication of effort, and minimise the regulatory burden on CS facilities.[. ... A policy statement setting out how the Principles have been
https://www.rba.gov.au/payments-and-infrastructure/financial-market-infrastructure/principles/assessment-against-responsibilities/responsibilities-of-authorities/2014/overview.html
The Bank's Card System Reforms | Review of Card Payments Regulation
9 Mar 2023
ACCC have entered into a Memorandum of Understanding (MoU) to ensure appropriate coordination between the two agencies in the payments system. ... The legislation and MoU are designed to ensure that there is no regulatory overlap between the two agencies.
https://www.rba.gov.au/payments-and-infrastructure/review-of-card-payments-regulation/banks-card-system.html
2. Overview of the Clearing and Settlement Landscape | Assessment of ASX Clearing and Settlement (CS) Facilities against the Principles for …
9 Mar 2023
ASIC and the Bank have agreed an MOU, which is intended to promote transparency, help prevent unnecessary duplication of effort, and minimise the regulatory burden on CS facilities. ... The MOU between ASIC and the Bank is available at <http://www.rba.gov
https://www.rba.gov.au/payments-and-infrastructure/financial-market-infrastructure/principles/assessment-against-principles/asx/2014/overview.html
Introduction | NPP Functionality and Access Consultation: Conclusions Paper
9 Mar 2023
These arrangements, which cover issues such as information sharing and the role of the RBA-appointed director of NPPA, are set out in a Memorandum of Understanding (MOU) between the Bank ... See: https://www.rba.gov.au/payments-and-infrastructure/payments
https://www.rba.gov.au/payments-and-infrastructure/new-payments-platform/functionality-and-access-report/introduction.html
Self-assessment of the Australian Securities and Investments Commission and Reserve Bank of Australia – Clearing and Settlement Facilities
9 Mar 2023
These are governed by a bilateral MOU that establishes a framework for information sharing, consultation and liaison. ... As noted, the Bank and the RBNZ have established an MOU to govern these arrangements.
https://www.rba.gov.au/payments-and-infrastructure/financial-market-infrastructure/principles/assessment-against-responsibilities/responsibilities-of-authorities/2014/appendix-a.html