Search: financial institution
RBA Glossary definition for financial institution
financial institution – A company whose primary function is to intermediate between lenders and borrowers in the economy.
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Regulators Urge Financial Institutions to Plan for LIBOR Transition
9 May 2019
Media Releases
LIBOR (London Interbank Offered Rate) is deeply embedded in financial markets globally and is used by many Australian financial institutions in their contracts and business processes. ... The purpose of the letters is to better understand how major
https://www.rba.gov.au/media-releases/2019/mr-19-12.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. ... Number 2020-12. Date. 8 April 2020. ASIC has released feedback on responses to the ‘Dear CEO’ letter from selected major Australian
https://www.rba.gov.au/media-releases/2020/mr-20-12.html
Appointment of Assistant Governor (Financial Institutions)
23 Mar 1993
Media Releases
The Reserve Bank announced today the appointment of Mr L.J. (Les) Austin to the position of Assistant Governor (Financial Institutions).
https://www.rba.gov.au/media-releases/1993/mr-93-06.html
Regulators urge Australian institutions to adhere to the ISDA IBOR Fallbacks Protocol and Supplement
12 Oct 2020
Media Releases
Regulators and industry are taking further steps to transition away from LIBOR, which is expected to cease after the end of 2021.
https://www.rba.gov.au/media-releases/2020/mr-20-25.html
Regulators expect Australian institutions to cease the use of LIBOR in new contracts before the end of 2021
4 Jun 2021
Media Releases
Regulators in Australia are reiterating the importance of ensuring a timely transition away from the London Interbank Offered Rate (LIBOR).
https://www.rba.gov.au/media-releases/2021/mr-21-10.html
Changes to Financial Sanctions
9 Nov 2001
Media Releases
Announcement that the Reserve Bank of Australia has today written to Australian financial institutions to provide them with a further updated list of persons or entities identified by the United Nations and United States as being linked to terrorism
https://www.rba.gov.au/media-releases/2001/mr-01-22.html
Payments System Issues: Multi-Network Debit Cards
17 Aug 2012
Media Releases
At its meeting today, the Payments System Board considered the public policy issues relating to multi-network debit cards. These are cards issued by banks and other financial institutions for ATM usage and with debit functionality from more than one
https://www.rba.gov.au/media-releases/2012/mr-12-20.html
BIS and Central Bank Partners to Explore Protocols for Embedding Policy and Regulatory Compliance in Cross-border Transactions
5 Oct 2023
Media Releases
The BIS Innovation Hub Singapore Centre, Reserve Bank of Australia, Bank of Korea, Bank Negara Malaysia, and Monetary Authority of Singapore today launched Project Mandala.
https://www.rba.gov.au/media-releases/2023/mr-23-26.html
Joint Media Release: The Year 2000: 11.15 am
1 Jan 2000
Media Releases
The latest round of status reports from financial institutions and payments service providers has now been processed and confirms earlier indications that the Australian financial system had made a smooth transition to the Year 2000
https://www.rba.gov.au/media-releases/2000/jmr-2000-02.html
Financial Markets Foundation for Children Provides Funding for New Chair in Neonatal Paediatrics
24 Apr 2019
Media Releases
Media Release Financial Markets Foundation for Children Provides Funding for New Chair in Neonatal Paediatrics. ... The FMFC is a charitable foundation established in 1988 by Australia's major financial institutions, with the objective improving the
https://www.rba.gov.au/media-releases/2019/mr-19-10.html