Reserve Bank of Australia

https://lawatlas.ai/ontology/fibo-au/AURegulatoryAgencies/ReserveBankOfAustralia

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rdf:type: owl:NamedIndividual
rdf:type: fibo-be-ge-ge:GovernmentAgency
rdfs:isDefinedBy: https://lawatlas.ai/ontology/fibo-au/AURegulatoryAgencies/
rdfs:label: Reserve Bank of Australia
skos:definition: central bank of Australia
skos:editorialNote: Enabling law checked on 2026-10-28 against the text Advisor holds of the Payment Systems (Regulation) Act 1998 (C2004A00318), compilation C2025C00677: section 11, "Reserve Bank may designate payment systems" (Akoma Ntoso eId sec_11).
skos:editorialNote: Enabling law checked on 2026-10-28 against the text Advisor holds of the Reserve Bank Act 1959 (C1959A00004), compilation C2026C00375: section 7, "The Reserve Bank of Australia" (Akoma Ntoso eId sec_7).
skos:editorialNote: Enabling law checked on 2026-10-28 against the text Advisor holds of the Reserve Bank Act 1959 (C1959A00004), compilation C2026C00375: subsection 10B(1), the functions of the Payments System Board (Akoma Ntoso eId sec_10b__subsec_1).
fibo-be-le-fbo:hasHeadquartersAddress: ReserveBankOfAustraliaHeadquartersAddress
fibo-fnd-rel-rel:hasLegalName: Reserve Bank of Australia
cmns-av:adaptedFrom: https://www.legislation.gov.au/Details/C2025C00677
cmns-av:adaptedFrom: https://www.legislation.gov.au/Details/C2026C00375
cmns-av:adaptedFrom: https://www.rba.gov.au
cmns-av:explanatoryNote: Subsection 10B(1) of the Reserve Bank Act 1959: "The functions of the Payments System Board are: (a) to determine the payments system policy of the Bank in a way that, in the Board's opinion, is directed to the greatest advantage of the people of Australia; and (b) to promote the proper, efficient and effective implementation by the Bank of that policy; and (c) to ensure the Bank's functions and powers under the Payment Systems (Regulation) Act 1998 and the Payment Systems and Netting Act 1998 are performed and exercised in a way that, in the Board's opinion, best contributes to: (i) controlling risk in the financial system; and (ii) promoting the efficiency of the payments system; and (iii) promoting competition in the market for payment services ..."
cmns-col:isPartOf: GovernmentOfAustralia
cmns-org:hasWebsite: https://www.rba.gov.au
cmns-rga:hasJurisdiction: AustralianJurisdiction

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