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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Changes to Financial Sanctions
17 Oct 2001
Media Releases
Addition to list of names and entities issued on 3 October 2001 by the Reserve Bank of Australia prohibiting transactions involving accounts in the name of persons or entities identified by the United Nations and United States as being linked to
https://www.rba.gov.au/media-releases/2001/mr-01-21.html
Council of Financial Regulators Annual Report – 1998
28 Apr 1999
Media Releases
Release of Council of Financial Regulators Annual Report for 1998
https://www.rba.gov.au/media-releases/1999/mr-cfr-99.html
The Role of Exchange Settlement Accounts
1 Mar 1999
Media Releases
The Role of Exchange Settlement Accounts
https://www.rba.gov.au/media-releases/1999/mr-99-02-role.html
Financial Corporations Act 1974
6 Jul 1998
Media Releases
Orders made under powers of the Governor under the Financial Corporations Act 1974
https://www.rba.gov.au/media-releases/1998/mr-98-11.html
Statement by the Governor, Mr Ian Macfarlane: Senior Staff Movementss
17 Mar 1998
Media Releases
Announcement of Mr G.J. Thompson's appointment as Chief Executive Officer of the Australian Prudential Regulation Authority (APRA)and the switching of roles between Dr JF Laker and Mr LJ Austin.
https://www.rba.gov.au/media-releases/1998/mr-98-02.html
Council of Financial Supervisors: Supervision of Financial Conglomerates
19 Feb 1998
Media Releases
Announcement by the Council of Financial Supervisors regarding the release of a package of papers concerning the regulation of banks, insurance companies and securities firms which form part of financial conglomerates
https://www.rba.gov.au/media-releases/1998/mr-98-1902.html
Launch of Reserve Bank Internet Site
28 Nov 1997
Media Releases
At 9.00 am today,the Reserve Bank launched its Internet site http://www.rba.gov.au
https://www.rba.gov.au/media-releases/1997/mr-97-20.html
Financial Corporations Act 1974
2 Jul 1997
Media Releases
Orders made under powers of the Governor under the Financial Corporations Act 1974
https://www.rba.gov.au/media-releases/1997/mr-97-12.html
Banking (Foreign Exchange) Regulations Sanctions Against Iraq
5 Apr 1991
Media Releases
RBA announces that the wide ranging sanctions imposed on Kuwait, on 9 August 1990, have been repealed. All financial dealings with the government of Iraq and it's agencies remain prohibited without approval from the Reserve Bank of Australia.
https://www.rba.gov.au/media-releases/1991/mr-91-06.html
Banking (Foreign Exchange) Regulations:Implementation of Sanctions Against Iraq
9 Aug 1990
Media Releases
RBA announces that under the Banking (Foreign Exchange) Regulations, following a United Nations Security Council resolution, foreign exchange and financial transactions with the governments of Kuwait or Iraq, or their agencies, are prohibited unless
https://www.rba.gov.au/media-releases/1990/mr-90-21.html