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RBA Glossary definition for financial sector

financial sector – The sector of the economy that comprises financial institutions and financial markets.

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Submissions

13 Mar 2024 Submissions
Index of Documents commissioned by or prepared for Parliament, its committees, and other public inquiries
https://www.rba.gov.au/publications/submissions/

Reforms to the Payment Systems (Regulation) Act 1998

20 Dec 2023 Submissions PDF 306KB
overall stability of the financial system. The Bank strongly supports reform of the PSRA. ... required to be given to APRA under the Financial Sector (Collection of Data) Act 2001 is protected.
https://www.rba.gov.au/publications/submissions/payments-system/pdf/treasury-consultation-on-reforms-to-the-psra-submission-07-07-2023.pdf

Inquiry into Future Directions for the Consumer Data Right – April 2020 | Payments System | Submissions

14 Jun 2023 Submissions
Providing third parties with write access to consumers’ bank accounts represents a significant change in their role in the financial sector. ... Open Banking presents an opportunity to enhance the security, speed and stability of data exchange in the
https://www.rba.gov.au/publications/submissions/payments-system/future-directions-for-the-consumer-data-right/index.html

A Strategic Plan for the Payments System

6 Jun 2023 Submissions PDF 539KB
regulatory overlap. The Council of Financial Regulators’ 2019 proposals for reforming SVF licensing. ... how it was designed, a retail CBDC could also be disruptive to the financial sector, with the potential to.
https://www.rba.gov.au/publications/submissions/payments-system/pdf/consultation-on-a-strategic-plan-for-the-payments-system.pdf

Supplementary Submission to the Senate Select Committee on Financial Technology and Regulatory Technology – December 2020 | Responses and…

25 May 2023 Submissions
Submissions – Payments System Supplementary Submission to the Senate Select Committee on Financial Technology and Regulatory Technology. ... The Bank is participating in these discussions on behalf of other Australian financial regulators.
https://www.rba.gov.au/publications/submissions/payments-system/supplementary-submission-technology-12-2020/index.html

Submission to Payments System Review – January 2021 | Responses and Options Paper

25 May 2023 Submissions
controlling risk in the financial system;. promoting the efficiency of the payments system; and. ... Consistent with arrangements for other financial sector regulators, the Government has issued a Statement of Expectations for the PSB.
https://www.rba.gov.au/publications/submissions/payments-system/submission-to-payments-system-review-01-2021/index.html

Proposed merger between Armaguard and Prosegur – October 2022 | Responses and Options Paper

24 May 2023 Submissions
This environment of declining volumes of banknotes being transported and processed is placing significant financial pressure on industry participants. ... The Review also noted that any significant changes to cash access in the future could necessitate
https://www.rba.gov.au/publications/submissions/payments-system/proposed-merger-armaguard-and-prosegur-submission-october-2022/index.html

Proposed Merger Between Armaguard and Prosegur – April 2023 | Responses and Options Paper

24 May 2023 Submissions
For example, one approach could be for the undertaking to be limited in its duration, which could provide some stability to the sector while it adjusts to the lower cash volume ... by promoting competition, efficiency and financial safety, as defined in
https://www.rba.gov.au/publications/submissions/payments-system/proposed-merger-armaguard-and-prosegur-submission-april-2023/index.html

Submission to the Inquiry into Bank Closures in Regional Australia | Financial Sector | Submissions

3 May 2023 Submissions
Submissions – Financial Sector Submission to the Inquiry into Bank Closures in Regional Australia. ... Once issued by the Bank, banknotes are then distributed to bank branches, ATMs and retailers by the private sector.
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-into-bank-closures-in-regional-australia/

Proposed Merger Between Armaguard and Prosegur

17 Apr 2023 Submissions PDF 228KB
For example, one approach could be for the undertaking to be limited in its duration, which could provide some stability to the sector while it adjusts to the lower cash volume ... by promoting competition, efficiency and financial safety, as defined in
https://www.rba.gov.au/publications/submissions/payments-system/pdf/proposed-merger-armaguard-and-prosegur-submission-april-2023.pdf