Search: financial conglomerates

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RBA Glossary definition for financial conglomerates

financial conglomerates – Financial institutions which undertake several activities such as banking, stock broking, insurance and funds management.

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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

Media Releases – 1998

31 Dec 1998 Media releases issued in 1998
https://www.rba.gov.au/media-releases/1998/

Appointment of Chief Communications Officer

17 Nov 2023 Media Releases
Sally Cray has been appointed to the newly created position of Chief Communications Officer at the Reserve Bank of Australia.
https://www.rba.gov.au/media-releases/2023/mr-23-31.html

Regulators Release Feedback on Financial Institutions' Preparation for LIBOR Transition

8 Apr 2020 Media Releases
Joint Media Release Regulators Release Feedback on Financial Institutions' Preparation for LIBOR Transition. ... RBA Assistant Governor (Financial Markets) Christopher Kent said, ‘Institutions using LIBOR need to act now to transition to more robust
https://www.rba.gov.au/media-releases/2020/mr-20-12.html

Changes to Heads of Department in Economic and Financial Markets Groups

1 Jul 2022 Media Releases
Dr Jonathan Kearns has transferred to Head of Domestic Markets in the Financial Markets Group from Head of Financial Stability Department in the Financial System Group. Dr Marion Kohler has transferred to Head of Economic Analysis Department
https://www.rba.gov.au/media-releases/2022/mr-22-19.html

Regulators Urge Financial Institutions to Plan for LIBOR Transition

9 May 2019 Media Releases
The UK Financial Conduct Authority (FCA) has stated that it will no longer use its powers to sustain LIBOR beyond 2021. ... More broadly, the financial regulators expect all institutions that currently rely on LIBOR to consider the impact of LIBOR
https://www.rba.gov.au/media-releases/2019/mr-19-12.html

Statement by Philip Lowe, Governor: Monetary Policy Decision

4 Apr 2023 Media Releases
At its meeting today, the Board decided to leave the cash rate target unchanged at 3.60 per cent and the interest rate on Exchange Settlement balances unchanged at 3.50 per cent.
https://www.rba.gov.au/media-releases/2023/mr-23-08.html

Statement by Philip Lowe, Governor: Monetary Policy Decision

1 Nov 2022 Media Releases
Another is how household spending in Australia responds to the tighter financial conditions. ... Many households have also built up large financial buffers and the saving rate remains higher than it was before the pandemic.
https://www.rba.gov.au/media-releases/2022/mr-22-36.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

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