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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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Submission to the Financial System Inquiry - 6 September 1996 (Published as Occasional Paper No. 14)

25 Jul 2013 Submissions PDF 604KB
17. At present the RBA separately authorises financial institutions (banks andnon-banks) that trade in the foreign exchange market. ... Many financial institutions face rules on consumer protectionimposed by State regulations, the ASC, ISC and Industry
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-1996/pdf/financial-system-inquiry-1996.pdf

RBA submission to Defining payment functions consultation - July 2023

16 Jan 2024 Submissions PDF 445KB
While indirect access suits many providers, some may prefer to participate directly in clearing and settling payments on behalf of their customers without reliance on another financial institution.1 There has ... 2 See Quarterly Statement by the Council
https://www.rba.gov.au/publications/submissions/payments-system/pdf/submission-to-defining-payment-functions-consultation-july-2023.pdf

Submission to the Inquiry into the Financial Sector Legislation Amendment (Crisis Resolution Powers and Other Measures) Bill 2017 –…

21 Dec 2017 Submissions
has the appropriate powers to manage the resolution of financial institutions in distress. ... The Key Attributes of Effective Resolution Regimes for Financial Institutions were endorsed by Australia at the G20 in 2011.
https://www.rba.gov.au/publications/submissions/financial-sector/submission-to-the-senate-inquiry-into-crisis-management-bill-2017-12/index.html

Submission to the Senate Inquiry into Matters Relating to Credit Card Interest Rates-Credit Cards as Payment Instruments

8 May 2024 Submissions
Some merchants are also charged a fee by their financial institution to rent a terminal to accept cards. ... In contrast, interchange fees are paid between financial institutions and are present in many, but not all, card systems.
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-matters-relating-to-credit-card-interest-rates-2015-08/credit-cards-as-payment-instruments.html

Submission to Payments System Review

3 Feb 2021 Submissions PDF 1155KB
and supervises a range of financial institutions, many of which provide payment services. ... Financial. institution. Series break due to changes in reporting methodology in May 2018.
https://www.rba.gov.au/publications/submissions/payments-system/pdf/submission-to-payments-system-review-01-2021.pdf

Submission to the Inquiry into the Post-Global Financial Crisis Banking Sector – May 2012 | Financial Sector | Submissions

1 May 2012 Submissions
Submission to the Inquiry into the Post-Global Financial Crisis Banking Sector - May 2012
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-post-gfc-banking-sector-2012/

Assessment of Prudential Supervision Arrangements | Submission to the Financial System Inquiry – 6 September 1996 | Financial Sector |…

6 Sep 1996 Submissions
It has been asserted that a blurring of distinctions between financial institutions and products effectively undermines the current institutional focus of prudential supervision. ... In part, it also reflects a concern about how existing financial
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-1996/assessment-prudential-supervision-arrangements.html

List of tables | Submission to the Inquiry into the Australian Banking Industry – January 1991 | Financial Sector | Submissions

1 Jan 1991 Submissions
Country. All financial intermediaries. 3. 5. 10. Germany. 16.6. 24.0. 38.2. ... Services. Some banks have developed into ‘financial supermarkets’ with services including investment and business management advice, insurance, superannuation, property
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-australian-banking-industry/tables.html

Submission to the Senate Inquiry into Matters Relating to Credit Card Interest Rates-The Credit Card Market

8 May 2024 Submissions
Issuers compete strongly for cardholders in many respects. There is a wide range of cards, issued by a broad range of financial institutions. ... Individual financial institutions would be able to provide more detailed information on the actual average
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-matters-relating-to-credit-card-interest-rates-2015-08/the-credit-card-market.html

Background on the Australian Listed Equity Market | Financial Sector | Submissions

17 Sep 2021 Submissions
The equity market expanded rapidly through the 1990s, supported by the privatisations of the Commonwealth Bank and Telstra, demutualisation of several financial institutions and an increased supply of capital to the ... The resources and financial
https://www.rba.gov.au/publications/submissions/financial-sector/background-on-the-australian-listed-equity-market-2021-09/index.html