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Reserve Bank of Australia Launches Payments Systems Review

Tags » Financial Regulators, Interchange Fees

The Reserve Bank of Australia has a paper titled "Reform of Australia’s Payments System: Issues for the 2007/08 Review" (PDF) that begins the formal process of consultation for the Bank’s review of the payments system reforms of recent years in Australia. According to the RBA, "the paper sets out details on the timing and scope of the review and provides a summary of the reforms and their rationale. The paper also raises a number of specific issues on which the Bank is seeking comment from interested parties." More in this story by Katherine Jimenez in The Australian.


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