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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Reforms to the Payment Systems (Regulation) Act 1998 Submission to Senate Economics Legislation Committee - February 2024
15 Apr 2024
Submissions
PDF
266KB
policy determined by the Payments System Board (PSB). The payments system mandate, powers and. ... responsibilities of the RBA and the PSB are mainly set out in the Payment Systems (Regulation) Act 1998.
https://www.rba.gov.au/publications/submissions/payments-system/reforms-to-the-psra/pdf/reforms-to-the-payment-systems-regulation-feb-2024.pdf
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
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
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
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
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 Inquiry into Matters Relating to Credit Card Interest Rates-Credit Cards as Payment Instruments
9 Mar 2023
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
Submission to the Senate Inquiry into Matters Relating to Credit Card Interest Rates-Introduction
9 Mar 2023
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
Submission to the Senate Inquiry into Matters Relating to Credit Card Interest Rates-The Credit Card Market
9 Mar 2023
Submissions
The PSB therefore established Access Regimes for the systems which required that a new class of financial institutions, specialist credit card institutions (SCCIs), were eligible to apply for membership in the
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-matters-relating-to-credit-card-interest-rates-2015-08/the-credit-card-market.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