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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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Submission to Payments System Review – January 2021 | Responses and Options Paper

8 May 2024 Submissions
Both agencies also notify each other, and provide an opportunity for comment and discussion, when considering policies relating to competition in the payments system. ... The two agencies have also worked together on particular issues, including most
https://www.rba.gov.au/publications/submissions/payments-system/submission-to-payments-system-review-01-2021/index.html

Consultations

4 Apr 2024 Consultations
Index of Consultations
https://www.rba.gov.au/publications/consultations/

A Strategic Plan for the Payments System

6 Jun 2023 Submissions PDF 539KB
The Bank’s Review of Banknote Distribution Arrangements and the Report of the Regional Banking. ... participants and other Australian regulatory agencies. These actions should, over time, improve the.
https://www.rba.gov.au/publications/submissions/payments-system/pdf/consultation-on-a-strategic-plan-for-the-payments-system.pdf

Inquiry into the adequacy and efficacy of Australia’s AML/CTF regime

6 Sep 2021 Submissions PDF 179KB
Submission to the Senate Legal and Constitutional Affairs References Committee
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-into-the-adequacy-and-efficacy-of-australias-aml-ctf-regime-2021-08/pdf/inquiry-into-the-adequacy-and-efficacy-of-aus-aml-ctf-regime-2021-08.pdf

Submission to the Senate Select Committee on Australia as a Technology and Financial Centre - July 2021

19 Jul 2021 Submissions PDF 610KB
The Bank and other financial regulatory agencies understand that the de-banking of fintechs could impede competition and innovation in financial services. ... Accordingly, the agencies are undertaking further work to explore the underlying causes and
https://www.rba.gov.au/publications/submissions/payments-system/pdf/inquiry-into-australia-as-a-technology-and-financial-centre.pdf

Submission to Payments System Review

3 Feb 2021 Submissions PDF 1155KB
It is a provider of transactional banking services to the Australian Government and its agencies. ... detail. Both agencies also notify each other, and provide an opportunity for comment and discussion,.
https://www.rba.gov.au/publications/submissions/payments-system/pdf/submission-to-payments-system-review-01-2021.pdf

Submission to the Senate Select Committee on Financial Technology and Regulatory Technology

9 Jan 2020 Submissions PDF 797KB
jurisdictions in recent years. The domestic regulatory agencies have also seen increasing interest from. ... Currently, three regulatory agencies – the Bank, APRA and ASIC – have shared responsibilities for.
https://www.rba.gov.au/publications/submissions/payments-system/financial-and-regulatory-technology/pdf/financial-and-regulatory-technology.pdf

Submission to the Senate Select Committee on Financial Technology and Regulatory Technology – December 2019 | Payments System | Submissions

28 Dec 2019 Submissions
The number of NPP participants providing agency services has also grown over the past few months. ... of ‘open banking’ – an area where fintechs may be well placed to offer new services utilising customer data.
https://www.rba.gov.au/publications/submissions/payments-system/financial-and-regulatory-technology/index.html

HERITAGE MANAGEMENT PLAN - Reserve Bank of Australia Head Office

15 Nov 2019 Consultations PDF 8917KB
Australia.1 By the 1950s the Federal Government had decided to remove the central banking section from the control of the Commonwealth Bank and to establish a separate agency similar to ... as the principal Central Banking agency.
https://www.rba.gov.au/publications/consultations/201911-ho-syd-heritage-mgmt-plans/pdf/heritage-mgmt-plan-ho-syd-nov-2019.pdf

RESERVE BANK OF AUSTRALIA (CANBERRA BRANCH) Heritage Management Plan ...

8 Nov 2019 Consultations PDF 4393KB
In 2019 the RBA only occupied the Banking Chamber areas and half of Level 2. ... Business activities such as banking and insurance sales are typical of the period19.
https://www.rba.gov.au/publications/consultations/201911-ho-cn-heritage-mgmt-plans/pdf/heritage-mgmt-plan-nov-2019.pdf