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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Developments in the Financial System Architecture
20 Oct 2015
FSR
– October 2015
As discussed in the previous Review, following the Final Report of the FSI, the Bank's Payments System Board (PSB) commenced a review of the framework for the regulation of card ... The broad direction of the review received support from the FSI Final
https://www.rba.gov.au/publications/fsr/2015/oct/dev-fin-sys-arch.html
Submission to the Senate Inquiry into Matters Relating to Credit Card Interest Rates-Introduction
8 May 2024
Submissions
In particular, the Reserve Bank's Payments System Board (PSB) has an obligation to promote the efficiency of the payments system and promote competition in the market for payment services, consistent
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-matters-relating-to-credit-card-interest-rates-2015-08/introduction.html
Abbreviations
2 Oct 2013
PSB Annual Report
– 2013
OG. Oversight Group. OTC. Over-the-counter. PIN. Personal Identification Number. PSB. Payments System Board.
https://www.rba.gov.au/publications/annual-reports/psb/2013/abbreviations.html
Governance
17 Oct 2019
PSB Annual Report
– 2019
Payments System Board Annual Report – 2019 Governance. The Payments System Board is responsible for the Reserve Bank's payments system policy. Members of the Board comprise representatives from the central bank, the prudential regulator and five
https://www.rba.gov.au/publications/annual-reports/psb/2019/governance.html
Box C: FMI Regulatory Reforms
21 Oct 2021
PSB Annual Report
– 2021
Payments System Board Annual Report – 2021 Box C:. FMI Regulatory Reforms. The FMI regulatory reforms include measures to better equip the Bank to address risks to financial stability, and to support ASIC in the fulfilment of its mandate. The
https://www.rba.gov.au/publications/annual-reports/psb/2021/box-c-fmi-regulatory-reforms.html
The Evolving Payments Landscape
21 Oct 2021
PSB Annual Report
– 2021
Payments System Board Annual Report – 2021 2. The Evolving Payments Landscape. Monitoring trends and developments in retail payments informs the Board's policy work and strategic priorities. Payments are increasingly made electronically. The way
https://www.rba.gov.au/publications/annual-reports/psb/2021/the-evolving-payments-landscape.html
Submission to the Senate Inquiry into Matters Relating to Credit Card Interest Rates-Credit Cards as Payment Instruments
8 May 2024
Submissions
a new Board, the Payments System Board (PSB), to oversee the exercise of those powers. ... In 2007–08, the PSB conducted a review of the Bank's reforms.
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-matters-relating-to-credit-card-interest-rates-2015-08/credit-cards-as-payment-instruments.html
Developments in the Financial System Architecture
20 Apr 2016
FSR
– April 2016
The Government also supported the PSB progressing its Review of Card Payments Regulation. ... As discussed in previous Reviews, the PSB has been undertaking a review of the framework for the regulation of card payments.
https://www.rba.gov.au/publications/fsr/2016/apr/dev-fin-sys-arch.html
Developments in the Financial System Architecture
10 Mar 2015
FSR
– March 2015
On payments system issues, the Report was generally supportive of the work the Bank's Payments System Board (PSB) has undertaken since its inception in 1998. ... In the payments system area, the Report was generally supportive of the work of the PSB,
https://www.rba.gov.au/publications/fsr/2015/mar/dev-fin-sys-arch.html
Governance
20 Sep 2018
PSB Annual Report
– 2018
Payments System Board Annual Report – 2018 Governance. The Payments System Board is responsible for the Reserve Bank's payments system policy. Members of the Board comprise representatives from the central bank, the prudential regulator and five
https://www.rba.gov.au/publications/annual-reports/psb/2018/governance.html