RBA should improve RTGS risk management – internal report
Australian central bank’s payments division says it is concentrating on upgrading cyber resilience
Australia’s central bank should improve oversight of external contractors who maintain its critical payment systems, according to a new internal report.
The Reserve Bank of Australia’s payments policy department published its annual assessment of the central bank’s real-time gross settlement system, knowns as RITS, today (June 17).
The RBA describes the report as “independently prepared by the bank’s payments policy department and endorsed by the payments system board”.
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