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RBA Glossary definition for PSB

PSB – Payments System Board. Created in 1998, within the Reserve Bank of Australia (RBA). The PSB is responsible for determining the RBA's payments system policy so as to best contribute to: controlling risk in the financial system; promoting the efficiency of the payments system; and promoting competition in the market for payment services, consistent with the overall stability of the financial system. Powers to carry out the PSB's policies are vested in the RBA.

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Assessment of the Reserve Bank Information and Transfer System - June 2022

12 Sep 2023 PDF 870KB
Assessment of the Reserve Bank Information and Transfer System. June 2022. Contents. 1. Executive Summary 1. 2. Summary and Review of Ratings and Recommendations 2. 3. Material Developments 5. Appendix A: Background Information 11. Appendix B:
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2022/pdf/2022-assessment-rits.pdf

2021 Assessment of the Reserve Bank Information and Transfer System

11 Sep 2023 PDF 1366KB
Assessment of the Reserve Bank. Information and Transfer System. May 2021. Contents. 1. Executive Summary 2. 2. Summary and Review of Ratings and Recommendations 4. 3. Material Developments 7. Appendix A: Background Information 14. Appendix B:
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2021/pdf/2021-assessment-rits.pdf

Appendix B: Detailed Assessment of the Reserve Bank Information and Transfer System | 2021 Assessment of the Reserve Bank Information and…

8 Sep 2023
2021 Assessment of the Reserve Bank Information and Transfer System Appendix B: Detailed Assessment of the Reserve Bank Information and Transfer System. Download the complete Document 1.4. MB. This appendix sets out the detailed assessment of how
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2021/appendix-b.html

Appendix B: Detailed Assessment of the Reserve Bank Information and Transfer System | 2022 Assessment of the Reserve Bank Information and…

8 Sep 2023
2022 Assessment of the Reserve Bank Information and Transfer System Appendix B: Detailed Assessment of the Reserve Bank Information and Transfer System. Download the complete Document 888. KB. This appendix sets out the detailed assessment of how
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2022/appendix-b.html

Executive Accountability Framework

11 Aug 2023
The Reserve Bank of Australia has published its Executive Accountability Framework.
https://www.rba.gov.au/about-rba/our-policies/executive-accountability-framework.html

Payments System Board

9 Aug 2023 RBA Annual Report - 2022 PDF 636KB
https://www.rba.gov.au/publications/annual-reports/rba/2022/pdf/payments-system-board.pdf

Governance and Accountability

9 Aug 2023 RBA Annual Report - 2022 PDF 1919KB
https://www.rba.gov.au/publications/annual-reports/rba/2022/pdf/governance-and-accountability.pdf

Commonwealth of Australia: In the Australian Competition Tribunal – April 2004 | Payments System | Submissions

13 Jun 2023 Submissions
The PSB should consider whether interchange pricing arrangements are appropriate for credit and debit cards.
https://www.rba.gov.au/publications/submissions/payments-system/au-competition-tribunal/index.html

Strengthening the RBA's Payments Infrastructure

30 May 2023 Media Releases
In January 2023, the Reserve Bank of Australia commissioned a comprehensive review of the operating environment supporting the Reserve Bank Information and Transfer System (RITS). This system is a critical part of Australia’s payments
https://www.rba.gov.au/media-releases/2023/mr-23-12.html

Independent Review of the October 2022 Reserve Bank Information and Transfer System (RITS) Outage – Final 21042023

29 May 2023 PDF 4989KB
1.2. Scope and approach The 12 October 2022 incident, along with other incidents in the last three to four years, have prompted the Payments System Board (PSB) to ask the
https://www.rba.gov.au/publications/reviews/pdf/rba-independent-review-oct-2022-rits-outage-21042023.pdf