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RBA Glossary definition for PPFs

PPFs – Purchased payments facilities

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Submission to the Senate Select Committee on Financial Technology and Regulatory Technology – December 2019 | Payments System | Submissions

28 Dec 2019 Submissions
The 2014 Financial System Inquiry identified the regulation of purchased payment facilities (PPFs) – a particular type of SVF defined in legislation – as having scope to be improved, and the Productivity ... s 2018 Inquiry into Competition in the
https://www.rba.gov.au/publications/submissions/payments-system/financial-and-regulatory-technology/index.html

RBA submission to Defining payment functions consultation - July 2023

16 Jan 2024 Submissions PDF 445KB
Currently, SVFs are known as purchased payment facilities (PPFs). The RBA has regulatory responsibility for some PPFs under Part 4 of the PSRA. ... Removing the PSRA PPF provisions before the licensing framework is legislated would result in a regulatory
https://www.rba.gov.au/publications/submissions/payments-system/pdf/submission-to-defining-payment-functions-consultation-july-2023.pdf

Reforms to the Payment Systems (Regulation) Act 1998

20 Dec 2023 Submissions PDF 306KB
The RBA has. regulatory responsibility for some PPFs under Part 4 of the PSRA. ... Government may need to consider interim arrangements for PPFs, to facilitate a smooth transition from.
https://www.rba.gov.au/publications/submissions/payments-system/pdf/treasury-consultation-on-reforms-to-the-psra-submission-07-07-2023.pdf

Developments in the Financial System Architecture

24 Mar 2015 FSR March 2015 PDF 79KB
https://www.rba.gov.au/publications/fsr/2015/mar/pdf/dev-fin-sys-arch.pdf

Developments in the Financial System Architecture

10 Mar 2015 FSR – March 2015
The FSI also recommends simplifying the regulatory framework for payment systems, particularly for Purchased Payment Facilities (PPFs). ... This would include APRA developing a new two-tiered prudential regime for PPFs, and the government and ASIC
https://www.rba.gov.au/publications/fsr/2015/mar/dev-fin-sys-arch.html

Financial Stability Review March 2015

24 Mar 2015 FSR March 2015 PDF 1257KB
https://www.rba.gov.au/publications/fsr/2015/mar/pdf/0315.pdf

Bulletin September Quarter 2020

9 Jun 2021 Bulletin - September 2020 PDF 5941KB
https://www.rba.gov.au/publications/bulletin/2020/sep/pdf/bulletin-2020-09.pdf

The Payments System | Supplementary Submission to the Financial System Inquiry – August 2014 | Financial Sector | Submissions

1 Aug 2014 Submissions
Like any other financial product, PPFs are subject to ASIC's conduct and disclosure regulation. ... APRA. Under the PSRA, any other PPF must be authorised or exempted by the Bank.
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-2014-08/payments-system.html

Submission to the Inquiry into Digital Currency

1 Dec 2014 Submissions PDF 652KB
https://www.rba.gov.au/publications/submissions/payments-system/pdf/inquiry-digital-currency-2014-11.pdf

Supplementary Submission to the Financial System Inquiry August 2014

26 Aug 2014 Submissions PDF 339KB
Financial System Inquiry
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-2014-08/pdf/financial-system-inquiry-2014-08.pdf