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.
Search Results
Domestic Regulatory Developments
8 Apr 2022
FSR
– April 2022
CFR agency heads typically meet quarterly; ongoing inter-agency collaboration occurs through a number of working groups, as well as through frequent informal bilateral contact between individual agencies. ... The CFR agencies meet with their New Zealand
https://www.rba.gov.au/publications/fsr/2022/apr/regulatory-developments.html
Box C: Building Resilience to Cyber Risks
8 Apr 2022
FSR
– April 2022
Examples of this work include:. The Cyber Security Working Group is producing a joint response protocol with agencies in New Zealand. ... Byres W (2021), ‘Banking On an Unpredictable Future’, Speech to the 2021 AFR Banking Summit, 30 March.
https://www.rba.gov.au/publications/fsr/2022/apr/box-c-building-resilience-to-cyber-risks.html
Domestic Regulatory Developments
8 Oct 2021
FSR
– October 2021
CFR agency heads meet quarterly; ongoing inter-agency collaboration occurs through a number of working groups, complementing the frequent informal bilateral contact between individual agencies. ... The CFR agencies meet with their New Zealand
https://www.rba.gov.au/publications/fsr/2021/oct/regulatory-developments.html
The Australian Financial System
8 Oct 2021
FSR
– October 2021
capital requirements for equity investments in banking subsidiaries to take effect in 2022. ... lending, and the risk of contagion from non-banks to the banking sector is low.
https://www.rba.gov.au/publications/fsr/2021/oct/australian-financial-system.html
Box A: Australian Financial Regulators' Actions on Climate Change-related Risks
8 Oct 2021
FSR
– October 2021
The CFR's Working Group on Financial Implications of Climate Change facilitates agencies' coordination and collaboration on climate change-related financial risks. ... The CFR agencies closely coordinate with the Australian private sector on the
https://www.rba.gov.au/publications/fsr/2021/oct/box-a-australian-financial-regulators-actions-on-climate-change-related-risks.html
Financial Stability Review
9 Apr 2021
FSR
- April 2021
PDF
1740KB
https://www.rba.gov.au/publications/fsr/2021/apr/pdf/financial-stability-review-2021-04.pdf
Domestic Regulatory Developments
8 Apr 2021
FSR
– April 2021
The CFR endorsed a new cyber work plan in November. This has three elements: developing inter-agency incident communication and coordination protocols; standardising agencies' approaches to the regulation and supervision of ... CFR agencies continued
https://www.rba.gov.au/publications/fsr/2021/apr/regulatory-developments.html
Domestic Regulatory Developments
8 Apr 2021
FSR
- April 2021
PDF
260KB
https://www.rba.gov.au/publications/fsr/2021/apr/pdf/04-regulatory-developments.pdf
Financial Stability Review
4 Nov 2020
FSR
- October 2020
PDF
3339KB
https://www.rba.gov.au/publications/fsr/2020/oct/pdf/financial-stability-review-2020-10.pdf
4. Regulatory Developments Since March, the economic and financial ...
4 Nov 2020
FSR
PDF
247KB
The frequency of CFR meetings at agency head level, and engagement at other levels within the CFR agencies, have increased substantially since March. ... Since 2017, the CFR agencies have been meeting annually with the agency heads of the ACCC, the ATO
https://www.rba.gov.au/publications/fsr/2020/oct/pdf/04-regulatory-developments.pdf