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.
Search Results
Submission to Payments System Review – January 2021 | Responses and Options Paper
25 May 2023
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
Submission to the Senate Select Committee on Financial Technology and Regulatory Technology – December 2019 | Payments System | Submissions
28 Dec 2019
Submissions
Most notably, the Bank's Payments System Board (PSB) conducted a Strategic Review of Innovation in the payments system over 2010–12, which led to the design and build by the ... Under the Reserve Bank Act 1959, the PSB is responsible for determining
https://www.rba.gov.au/publications/submissions/payments-system/financial-and-regulatory-technology/index.html
Submission to Payments System Review
3 Feb 2021
Submissions
PDF
1155KB
rba/boards/psb/psb-statement-of-expectations.html. SUBMISSION TO PAYMENTS SYSTEM REVIEW | 6. effective, ensuring that the Government’s policy priorities are appropriately factored into the PSB’s. ... 7 The PSB’s Statement of Intent is available at:
https://www.rba.gov.au/publications/submissions/payments-system/pdf/submission-to-payments-system-review-01-2021.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
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
Reforms to the Payment Systems (Regulation) Act 1998
1 Dec 2023
Submissions
PDF
446KB
Submission to Consultation on Exposure Draft Legislation
https://www.rba.gov.au/publications/submissions/payments-system/pdf/reforms-to-the-payment-systems-regulation-nov-2023.pdf
The Payments System | Supplementary Submission to the Financial System Inquiry – August 2014 | Financial Sector | Submissions
1 Aug 2014
Submissions
The PSB could consult on the costs and benefits of a standard requiring such transparency. ... Currently, only 2 of the 8 members of the PSB are Reserve Bank officials.
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-2014-08/payments-system.html
Reforms to the Payment Systems (Regulation) Act 1998
20 Dec 2023
Submissions
PDF
306KB
including the Payment Systems (Regulation) Act 1998 (PSRA).1. The PSB has a general duty to direct the Bank’s payments system policy to the greatest advantage of. ... the people of Australia. The PSB has a specific duty to ensure that the Bank
https://www.rba.gov.au/publications/submissions/payments-system/pdf/treasury-consultation-on-reforms-to-the-psra-submission-07-07-2023.pdf
Developments and Innovation in the Payments System | Submission to the Financial System Inquiry – March 2014 | Financial Sector |…
1 Mar 2014
Submissions
Central to this was the creation of a dedicated payments regulator, the Payments System Board (PSB). ... The responsibility for oversight of the payments system was entrusted to the PSB.
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-2014-03/developments-and-innovation.html
Submission to the Financial System Inquiry March 2014
10 Nov 2017
Submissions
PDF
3041KB
Financial System Inquiry
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-2014-03/pdf/financial-system-inquiry-2014-03.pdf