Search: agency banking
RBA Glossary definition for agency banking
agency banking – Since 1 July 1999 all Australian Government departments and agencies have been responsible for their own individual banking arrangements. Under devolved banking arrangements, agencies are required to test the services previously provided by the Reserve Bank of Australia (RBA) against what is available from other financial institutions. However, the Australian Government's core account, the Official Public Account, remained with the RBA. A system sweeps balances of Australian Government departments and agencies from their transactional banker to the Official Public Account at the RBA each night.
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Strategic Review of Innovation in the Payments System: Issues for Consultation - June 2011
30 Jun 2011
Consultations
PDF
1163KB
Strategic Review of Innovation in the Payments System
https://www.rba.gov.au/publications/consultations/201106-strategic-review-innovation/issues/pdf/201106-strategic-review-innovation-issues.pdf
Central Clearing of OTC Derivatives in Australia | Consultations
7 Jun 2011
Consultations
Central Clearing of OTC Derivatives in Australia
https://www.rba.gov.au/publications/consultations/201106-otc-derivatives.html
Background | Central Clearing of OTC Derivatives in Australia June 2011 | Consultations
7 Jun 2011
Consultations
The Council agencies' initial focus has been on how Australia should meet its G20 commitment in relation to the central clearing of OTC derivatives. ... An important context for Australian agencies in developing a reform agenda with respect to OTC
https://www.rba.gov.au/publications/consultations/201106-otc-derivatives/background.html
Key Policy Design Considerations | Central Clearing of OTC Derivatives in Australia June 2011 | Consultations
7 Jun 2011
Consultations
The Council agencies appreciate that this activity contributes to the overall efficiency of the domestic financial system. ... The Council agencies accept that they should be directly accountable for the regulatory outcomes of this policy.
https://www.rba.gov.au/publications/consultations/201106-otc-derivatives/key-policy-design-considerations.html
Innovation Gaps in the Australian Payments System | Strategic Review of Innovation in the Payments System: Issues for Consultation June…
7 Jun 2011
Consultations
Examples are internet banking payments on a mobile device, mobile PayPal, or making mobile payments through any number of web-based services or specialised mobile phone applications; or. ... This model is more prevalent overseas and has led to concern
https://www.rba.gov.au/publications/consultations/201106-strategic-review-innovation/issues/innovation-gaps.html
Central Clearing of OTC Derivatives | Central Clearing of OTC Derivatives in Australia June 2011 | Consultations
7 Jun 2011
Consultations
For these reasons, the Council agencies support a move to central clearing. ... This can be straightforward – for instance, where counterparties have an established banking or dealing relationship – or some preliminary steps may be needed before
https://www.rba.gov.au/publications/consultations/201106-otc-derivatives/central-clearing-otc-derivatives.html
Glossary | ISO 20022 Migration for the Australian Payments System – Issues Paper – April 2019
31 Dec 2002
Consultations
Cross-border payments. Cross-border payments are sent by an individual, business or government agency from one jurisdiction to a recipient in another jurisdiction. ... SWIFTNet. SWIFT's IP-based private global network for banking communication. XML.
https://www.rba.gov.au/publications/consultations/201904-iso-20022-migration-for-the-australian-payments-system/glossary.html
Increasing the Threshold for the Application of the Financial Stability Standards for Securities Settlement Facilities | Consultations
24 Nov 2023
Consultations
Consultation on Increasing the Threshold for the Application of the Financial Stability Standards for Securities Settlement Facilities - November 2023
https://www.rba.gov.au/publications/consultations/2023-11-increasing-the-fss-threshold-for-sffs/
The Australian Debit Card Market: Default Settings and Tokenisation
19 Jun 2023
Consultations
PDF
397KB
For example, the first digits of ‘4’ and ‘5’ have been allocated to ‘Banking and financial’. ... The Bank also set an expectation. 2 See Connolly E (2023), ‘The Shift to Electronic Payments – Some Policy Issues’, Speech at AFR Banking
https://www.rba.gov.au/publications/consultations/202306-issues-paper-australian-debit-card-market/pdf/202306-issues-paper-australian-debit-card-market.pdf
ISO 20022 Migration for the Australian Payments System – Conclusions Paper
25 Feb 2020
Consultations
PDF
560KB
Cross-border payments Cross-border payments are sent by an individual, business or government agency from one jurisdiction to a recipient in another jurisdiction.
https://www.rba.gov.au/publications/consultations/202002-iso-20022-migration-for-the-australian-payments-system/pdf/iso-20022-migration-for-the-australian-payments-system-conclusions-paper.pdf