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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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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

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/payments-and-infrastructure/rits/reviews/pdf/rba-independent-review-oct-2022-rits-outage-21042023.pdf

New Payments Insights from the Updated Retail Payments Statistics Collection

21 Apr 2023 Bulletin - March 2019 PDF 310KB
https://www.rba.gov.au/publications/bulletin/2019/mar/pdf/new-payments-insights-from-the-updated-retail-payments-statistics-collection.pdf

Bulletin March Quarter 2019

20 Apr 2023 Bulletin - March 2019 PDF 4430KB
https://www.rba.gov.au/publications/bulletin/2019/mar/pdf/bulletin-2019-03.pdf

RBAFOI-222336 - documents for release

15 Mar 2023 PDF 714KB
Briefing for parliamentary hearings (Estimates and House of Representatives) - February 2023
https://www.rba.gov.au/information/foi/disclosure-log/pdf/222336.pdf

Statement of Intent of the Payments System Board

9 Mar 2023
The PSB welcomes the Government's recognition and respect of the independence of the PSB. ... To that end, the PSB remains committed to its current accountability and transparency mechanisms:.
https://www.rba.gov.au/about-rba/boards/psb/psb-statement-of-intent.html

Statement of Expectations - Payments System Board

9 Mar 2023
The PSB is expected to reply to this Statement with its own Statement of Intent. ... This is an important way for the PSB to contribute to policy development.
https://www.rba.gov.au/about-rba/boards/psb/psb-statement-of-expectations.html