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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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Appointment: Andrew Hauser as Deputy Governor

27 Nov 2023 Media Releases
The Governor, Michele Bullock, today welcomed the appointment by the Treasurer of Andrew Hauser to the position of Deputy Governor of the Reserve Bank of Australia and as a member of the Reserve Bank Board.
https://www.rba.gov.au/media-releases/2023/mr-23-34.html

Joint Media Release: Year 2000 Preparations in the Australian Banking and Financial System

16 Jul 1998 Media Releases
The Australian Prudential Regulation Authority (APRA)and the Reserve Bank of Australia (RBA) today released a booklet on the ‘Year 2000 problem’. This publication, Year 2000 Preparations in the Australian Banking and Financial System, outlines
https://www.rba.gov.au/media-releases/1998/jmr-98-1607-rba-apra.html

Banking (Foreign Exchange) Regulations 1959 Sanctions Against Entities Associated with North Korea

19 Sep 2006 Media Releases
Media Release Banking (Foreign Exchange) Regulations 1959. Sanctions Against Entities Associated with North Korea. ... Banking (Foreign Exchange) Regulations 1959. ) to the Department of Foreign Affairs and Trade (DFAT) (under the.
https://www.rba.gov.au/media-releases/2006/mr-06-07.html

Banking (Foreign Exchange) Regulations 1959 Sanctions Against Iran

15 Oct 2008 Media Releases
Media Release announcing financial sanctions against Iran
https://www.rba.gov.au/media-releases/2008/mr-08-22.html

Banking (Foreign Exchange) Regulations 1959 Sanctions Against Zimbabwe - Amendment to the Annex

20 Jun 2007 Media Releases
Media Release announcing the extension of financial sanctions against Zimbabwe to include new members of, and persons associated with, the Government of Zimbabwe
https://www.rba.gov.au/media-releases/2007/mr-07-10.html

Appointment: Brad Jones as Assistant Governor, Financial System

22 Jun 2022 Media Releases
Dr Bradley Jones has been appointed to the position of Assistant Governor, Financial System at the Reserve Bank of Australia.
https://www.rba.gov.au/media-releases/2022/mr-22-17.html

Report Highlights Benefits and Challenges of Interlinking Fast Payment Systems for Cross-border Payments

23 Apr 2024 Media Releases
The Reserve Bank of Australia (RBA) today released a report analysing the benefits, design choices and challenges associated with linking fast payment systems across countries.
https://www.rba.gov.au/media-releases/2024/mr-24-07.html

Payments System Board Update: August 2023 Meeting

17 Aug 2023 Media Releases
Today's Payments System Board meeting discussed the annual Assessment of the ASX clearing and settlement facilities against the Financial Stability Standards, the oversight of international financial market infrastructures, prominent payment systems,
https://www.rba.gov.au/media-releases/2023/mr-23-20.html

RESERVE BANK OF AUSTRALIA FOREIGN EXCHANGE SETTLEMENTPRACTICES IN AUSTRALIA ...

18 Dec 1997 Media Release PDF 268KB
system or because some otherfactor (eg internal procedures, correspondent banking arrangements,local payments system rules, laws) makes cancellation dependentupon the consent of the counterparty or another intermediary; thefinal receipt of the
https://www.rba.gov.au/media-releases/1997/pdf/fxsp.pdf

Payments System Board Update: August 2019 Meeting

16 Aug 2019 Media Releases
The Bank has published a media release outlining topics discussed by the Payments System Board today including: the New Payments Platform; the Assessment of ASX Clearing & Settlement facilities; ATM industry developments and Digital Identity.
https://www.rba.gov.au/media-releases/2019/mr-19-22.html