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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2020 Assessment of the Reserve Bank Information and Transfer System – Material Developments
9 Mar 2023
The Steering Committee will provide regular updates on progress to the APC, the Payments System Board (PSB), the AusPayNet Board and the HVCS Management Committee.
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2020/material-developments.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
Transcript of Question & Answer Session on 04 June 2014
4 Jun 2014
Speech
Transcript of Question & Answer Session , The Australian Savings & Deposits Conference 2014, Sydney
https://www.rba.gov.au/speeches/2014/sp-so-040614-q-and-a-transcript.html
Governance and accountability
21 Oct 2021
RBA Annual Report
– 2021
Reserve Bank of Australia Annual Report – 2021Governance and Accountability. The Reserve Bank is an independent central bank, accountable to the Parliament of Australia. The Bank has two boards: the Reserve Bank Board, which has responsibility for
https://www.rba.gov.au/publications/annual-reports/rba/2021/governance-and-accountability.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
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
Retail Payments Regulation and Policy Issues
21 Oct 2021
PSB Annual Report
– 2021
Payments System Board Annual Report – 2021 3. Retail Payments Regulation and Policy Issues. The Reserve Bank determines policy for, and undertakes research into, retail payment systems under its remit to promote a safe, competitive and efficient
https://www.rba.gov.au/publications/annual-reports/psb/2021/retail-payments-regulation-and-policy-issues.html
Developments in the Financial System Architecture
20 Oct 2016
FSR
– October 2016
This was a comprehensive examination of the regulatory framework for card payments, guided by the mandate of the Bank's Payments System Board (PSB) to promote competition and efficiency in the ... The key decisions taken by the PSB related to surcharging,
https://www.rba.gov.au/publications/fsr/2016/oct/dev-fin-sys-arch.html
Self-assessment of the Australian Securities and Investments Commission and Reserve Bank of Australia – Clearing and Settlement Facilities
9 Mar 2023
Under the Reserve Bank Act 1959, responsibility for the exercise of the powers granted to the Bank in the Corporations Act is assigned to the PSB. ... The PSB is tasked with ensuring that its powers are exercised in a way that ‘will best contribute to
https://www.rba.gov.au/payments-and-infrastructure/financial-market-infrastructure/principles/assessment-against-responsibilities/responsibilities-of-authorities/2014/overview.html
Payments System Board
21 Oct 2021
RBA Annual Report
– 2021
Reserve Bank of Australia Annual Report – 2021 Payments System Board. The Payments System Board comprises up to eight members: the Governor; Assistant Governor (Financial System); Chair of the Australian Prudential Regulation Authority (APRA); and
https://www.rba.gov.au/publications/annual-reports/rba/2021/payments-system-board.html