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RBA Glossary definition for financial system architecture

financial system architecture – The structure of financial system regulation, supervision and intermediation.

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11 Feb 2020 DOC 93KB
Consumers should be able to cancel these by contacting only the relevant financial institution. ... BNPL providers should be subject to the same regulations as other payment systems, including prohibition of bans on merchants surcharging users.
https://www.rba.gov.au/payments-and-infrastructure/submissions/review-of-retail-payments-regulation/queensland-consumers-association.DOC