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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Competition in the Payments System | Submission to the Productivity Commission Inquiry – September 2017 | Financial Sector | Submissions
6 Sep 2017
Submissions
The PSB is required to exercise its responsibilities in a way that best contributes to:. ... In discharging its responsibilities, the PSB is mindful of the responsibilities of other regulators.
https://www.rba.gov.au/publications/submissions/financial-sector/competition-in-the-financial-system/competition-in-the-payments-system.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
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
Executive Summary | Submission to the Financial System Inquiry – March 2014 | Financial Sector | Submissions
1 Mar 2014
Submissions
The Bank's payments system reforms, overseen by the Payments System Board (PSB), have focused on improving competition and efficiency in payment systems, consistent with maintaining stability and effective management of ... risk. The approach of the PSB
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-2014-03/executive-summary.html
Submission to the Senate Select Committee on Financial Technology and Regulatory Technology
9 Jan 2020
Submissions
PDF
797KB
Under the Reserve Bank. Act 1959, the PSB is responsible for determining the Bank’s payments system policy. ... every five years, guided by the PSB’s mandate to promote competition and efficiency in the payments.
https://www.rba.gov.au/publications/submissions/payments-system/financial-and-regulatory-technology/pdf/financial-and-regulatory-technology.pdf
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 Review into Open Banking in Australia - September 2017
2 Oct 2017
Submissions
PDF
505KB
Submission to the Review into Open Banking in Australia
https://www.rba.gov.au/publications/submissions/financial-sector/review-into-open-banking-in-australia/pdf/submission-to-the-review-into-open-banking-in-australia-september-2017.pdf
Supplementary Submission to the Financial System Inquiry August 2014
26 Aug 2014
Submissions
PDF
339KB
Financial System Inquiry
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-2014-08/pdf/financial-system-inquiry-2014-08.pdf
Competition in the Australian Financial System - March 2018
21 Mar 2018
Submissions
PDF
503KB
Supplementary Submission to the Productivity Commission Inquiry
https://www.rba.gov.au/publications/submissions/financial-sector/competition-in-the-financial-system-2018-03/pdf/supplementary-submission-to-productivity-commission-march-2018.pdf
Abbreviations | Submission to the Financial System Inquiry – March 2014 | Financial Sector | Submissions
1 Mar 2014
Submissions
PPP. Public-private partnership. PSB. Payments System Board. PSNA. Payment Systems and Netting Act.
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-2014-03/abbreviations.html