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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Applications for Authorisation in Relation to 3D Secure – February 2016 | Payments System | Submissions
8 May 2024
Submissions
Nevertheless, the joint implementation of mandatory 3D Secure will still result in large aggregate adjustment costs for cardholders, merchants and financial institutions. ... Australian financial institutions will have a greater ability to stop some of
https://www.rba.gov.au/publications/submissions/payments-system/applications-for-authorisation-re-3d-secure/index.html
Organisation of Prudential Supervision | Submission to the Financial System Inquiry – 6 September 1996 | Financial Sector | Submissions
6 Sep 1996
Submissions
This model would still leave financial institutions answering to at least three regulatory bodies, and so would not achieve the simplicity inherent in the title ‘mega-regulator’. ... They may supply liquidity to the system generally (as in 1987
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-1996/organisation-of-prudential-supervision.html
Applications for Authorisation in Relation to PIN@POS – July 2016 | Payments System | Submissions
8 May 2024
Submissions
On balance, the Reserve Bank of Australia supports the granting of interim authorisation to enable MasterCard, Visa and certain financial institutions to commence a joint communications strategy to encourage cardholders to ... are likely to have an
https://www.rba.gov.au/publications/submissions/payments-system/applications-for-authorisation-re-pin@pos-2013-07/index.html
Proposed merger between Armaguard and Prosegur – October 2022 | Responses and Options Paper
8 May 2024
Submissions
As noted above, the ATM Access Regime places certain restrictions on the ability of financial institutions (card issuers) to pay interchange fees to access other participants' ATM fleets. ... risks arising from outsourcing material business activities
https://www.rba.gov.au/publications/submissions/payments-system/proposed-merger-armaguard-and-prosegur-submission-october-2022/index.html
Present Regulatory Responsibilities | Submission to the Financial System Inquiry – 6 September 1996 | Financial Sector | Submissions
6 Sep 1996
Submissions
The ACCC also vets some agreements among financial institutions and can authorise anti-competitive practices if they have offsetting public interest benefits. ... It does not, however, promote the application of identical standards to all financial
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-1996/present-regulatory-responsitilities.html
Applications for Authorisation in Relation to PIN@POS – Auguest 2013 | Payments System | Submissions
8 May 2024
Submissions
approach has the potential to reduce the costs incurred by consumers, merchants and financial institutions in adjusting to the new scheme requirements. ... The implementation of mandatory PIN@POS arrangements will impose costs on consumers, merchants and
https://www.rba.gov.au/publications/submissions/payments-system/applications-for-authorisation-re-pin@pos-2013-08/index.html
Submission to the Senate Select Committee on Financial Technology and Regulatory Technology
9 Jan 2020
Submissions
PDF
797KB
financial institutions, including the Reserve Bank. The NPP provides the clearing and settlement. ... financial institutions, including the Reserve Bank, which funded the development of the NPP.
https://www.rba.gov.au/publications/submissions/payments-system/financial-and-regulatory-technology/pdf/financial-and-regulatory-technology.pdf
List of tables | Submission to the Financial System Inquiry – 6 September 1996 | Financial Sector | Submissions
6 Sep 1996
Submissions
Download 604. KB. Chapters. Appendix. Table 1: Types of Financial Institution. ... Insurance and Superannuation Commission (and associated bodies). Australian Financial Institutions Commission (& State Supervisory Authorities).
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-1996/tables.html
Submission to the Inquiry into the Treasury Laws Amendment (Reserve Bank Reforms) Bill 2023 | Performance and Accountability | Submissions
2 Feb 2024
Submissions
More generally, Part VI of the Bill explicitly recognises that the Banks functions include contributing to the stability of Australias financial system. ... The Bank welcomes making its longstanding role in relation to financial stability explicit in the
https://www.rba.gov.au/publications/submissions/other/inquiry-into-the-treasury-laws-amendment-reserve-bank-reforms-bill-2023/index.html
Appendix C: Should Bank Supervision Be Carried Out by the Central Bank or by a Separate Authority? | Submission to the Financial System…
6 Sep 1996
Submissions
The Bank of England's role in supervision has also been subject to considerable debate, again largely in response to the failure of financial institutions. ... In the early 1990s, the South African Reserve Bank (which only began supervising banks in 1987)
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-1996/appendix-c.html