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RBA Glossary definition for SCCI

SCCI – Specialist Credit Card Institution

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Abbreviations

12 Sep 2014 PSB Annual Report – 2014
SCCI. Specialist Credit Card Institution. SEPA. Single Euro Payments Area. SSF.
https://www.rba.gov.au/publications/annual-reports/psb/2014/abbreviations.html

Retail Payments Policy and Research

12 Sep 2014 PSB Annual Report – 2014
This will also require the removal of the current SCCI framework, administered by APRA.
https://www.rba.gov.au/publications/annual-reports/psb/2014/ret-pay-policy-research.html

The Payments System | Supplementary Submission to the Financial System Inquiry – August 2014 | Financial Sector | Submissions

1 Aug 2014 Submissions
The specialist credit card institution (SCCI) framework introduced in 2003 and 2004 was an attempt to achieve a more competition-friendly approach to participation in the MasterCard and Visa credit card
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-2014-08/payments-system.html

Abbreviations | Submission to the Financial System Inquiry – March 2014 | Financial Sector | Submissions

1 Mar 2014 Submissions
SCCI. Specialist Credit Card Institution. SG. Superannuation Guarantee. SIFI. Systemically important financial institution.
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-2014-03/abbreviations.html

Options for Reform | Proposed Variation to the MasterCard and Visa Access Regimes: Consultation Document December 2013 | Consultations

6 Dec 2013 Consultations
This option would retain the current MasterCard and Visa Access Regimes and continue to rely on ADI/SCCI status to determine eligibility to participate in the schemes. ... This option would only be effective if Banking Regulation 4 (which defines credit
https://www.rba.gov.au/publications/consultations/20131206-prop-variations-to-mc-visa-access-regimes/options-reform.html

Consultation | Proposed Variation to the MasterCard and Visa Access Regimes: Consultation Document December 2013 | Consultations

6 Dec 2013 Consultations
For instance, some commented that their experience with APRA had been open and fair, but constrained by a ‘strict and prescriptive’ SCCI framework. ... The scheme therefore supported revocation of the Access Regimes but retention of the SCCI class of
https://www.rba.gov.au/publications/consultations/20131206-prop-variations-to-mc-visa-access-regimes/consultation.html

Reasons for a Review of Regulation | Proposed Variation to the MasterCard and Visa Access Regimes: Consultation Document December 2013 |…

6 Dec 2013 Consultations
As noted, only two entities have gained SCCI status in Australia since the current access framework was implemented. ... Some have nonetheless indicated that they would pursue SCCI status in order to gain entry.
https://www.rba.gov.au/publications/consultations/20131206-prop-variations-to-mc-visa-access-regimes/reasons-for-review-regulation.html

Background | Proposed Variation to the MasterCard and Visa Access Regimes: Consultation Document December 2013 | Consultations

6 Dec 2013 Consultations
Since the introduction of these arrangements, two entities have gained SCCI status in Australia.
https://www.rba.gov.au/publications/consultations/20131206-prop-variations-to-mc-visa-access-regimes/background.html

Preliminary Assessment | Proposed Variation to the MasterCard and Visa Access Regimes: Consultation Document December 2013 | Consultations

6 Dec 2013 Consultations
As noted elsewhere in this paper, the Access Regimes are interrelated with Banking Regulation 4 and APRA's SCCI regime. ... A number of submissions supported a lighter-touch SCCI framework operated by APRA or another regulator.
https://www.rba.gov.au/publications/consultations/20131206-prop-variations-to-mc-visa-access-regimes/preliminary-assessment.html

Abbreviations

2 Oct 2013 PSB Annual Report – 2013
RTGS. Real-time gross settlement. RTPC. Real-Time Payments Committee. SCCI. Specialist Credit Card Institution.
https://www.rba.gov.au/publications/annual-reports/psb/2013/abbreviations.html