Search: PSB
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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Publications
17 May 2024
Listing of RBA publications including: Statement on Monetary Policy; Reserve Bank Bulletin; Financial Stability Review; Annual Reports; Research Discussion Papers; Conferences; Research Workshop; Occasional Papers and Other Reports; Submissions to
https://www.rba.gov.au/publications/
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
Payments System Board
19 Jan 2024
Payments System Board. Responsibilities and Powers. The Payments System Board's responsibilities and powers are set out in four separate Acts. These are:. Reserve Bank Act 1959. ;. Payment Systems (Regulation) Act 1998. ;. Payment Systems and
https://www.rba.gov.au/about-rba/boards/psb-board.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 Australias payments
https://www.rba.gov.au/media-releases/2023/mr-23-12.html
Submission to Payments System Review – January 2021 | Responses and Options Paper
8 May 2024
Submissions
The PSB also informs the Government of its policies through a number of channels. ... Consistent with its statutory obligations, the PSB consults widely before introducing any formal regulatory requirements.
https://www.rba.gov.au/publications/submissions/payments-system/submission-to-payments-system-review-01-2021/index.html
Launch of the New Payments Platform
13 Feb 2018
Media Releases
Today, the Reserve Bank of Australia and its Payments System Board (PSB) welcome the public launch of the New Payments Platform (NPP).
https://www.rba.gov.au/media-releases/2018/mr-18-02.html
Reforms to the Payment Systems (Regulation) Act 1998 Submission to Senate Economics Legislation Committee – February 2024 | Payments System …
23 Feb 2024
Submissions
The RBA is the principal regulator of the Australian payments system, with the RBA’s payments system policy determined by the Payments System Board (PSB). ... The PSB has a general duty to direct the RBA’s payments system policy to the greatest
https://www.rba.gov.au/publications/submissions/payments-system/reforms-to-the-psra/index.html
At a Glance
28 Sep 2022
PSB Annual Report
– 2022
https://www.rba.gov.au/publications/annual-reports/psb/2022/