Search: credit risk/exposure
RBA Glossary definition for credit risk/exposure
credit risk/exposure – The risk that a counterparty will not settle an obligation for full value, either when due or thereafter. In 'exchange-for-value' systems, the risk is generally defined to include replacement risk (the risk of having to replace a contract at a potentially unfavourable price) and principal risk.
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Review of Retail Payments Regulation Saurav Dutta, Lien Duong, ...
11 Feb 2020
DOCX
23KB
Payment of cash;. Payment through credit card;. Use “buy-now-pay-later” (BNPL) services. ... Some studies have shown, instant and convenient access to credit prompts impulse purchases.
https://www.rba.gov.au/payments-and-infrastructure/submissions/review-of-retail-payments-regulation/curtin-university.DOCX
Summary
11 Feb 2020
DOCX
175KB
23. ANZ suggests that if lower credit or debit interchange benchmarks are to be considered, a more detailed assessment should be undertaken. ... This avoids the risk of an overly conservative interpretation of rules that may ultimately limit investment,
https://www.rba.gov.au/payments-and-infrastructure/submissions/review-of-retail-payments-regulation/anz.DOCX
29th January 2020 Head of Payments Policy Department Reserve ...
11 Feb 2020
DOCX
103KB
functionality should be applied to credit cards too.
https://www.rba.gov.au/payments-and-infrastructure/submissions/review-of-retail-payments-regulation/australasian-association-of-convenience-stores.DOCX
29 January 2020 Head of Payments Policy Department Reserve ...
11 Feb 2020
DOCX
92KB
An overwhelming number of businesses indicated that card payment – either credit or debit card) – was the most common payment method (92.3 per cent of respondents). ... Businesses get guaranteed payment when they accept credit cards, freeing them
https://www.rba.gov.au/payments-and-infrastructure/submissions/review-of-retail-payments-regulation/restaurant-and-catering-industry-association.DOCX
19 February 2020 Tony Richards Head of Payments Policy ...
19 Feb 2020
DOCX
95KB
As higher-risk transactions, it is logical that the fees on transactions of foreign-issued cards should be higher. ... Considerations such as risk and security expenses, as well as bank fees contribute to the cost of cash.
https://www.rba.gov.au/payments-and-infrastructure/submissions/review-of-retail-payments-regulation/cuscal.DOCX
Submission for the Review of Retail Payments Regulation
11 Feb 2020
DOCX
33KB
Q10: Is there a case for a further lowering of the credit or debit interchange benchmarks or any change in the way they are applied?). ... In my opinion many three-party scheme products are similar to credit card.
https://www.rba.gov.au/payments-and-infrastructure/submissions/review-of-retail-payments-regulation/liron-lightwood.DOCX