Tony Richards is Head of Payments Policy at the Reserve Bank of Australia where he is responsible for the Bank’s analysis and advice to the Payments System Board on promoting competition and efficiency and controlling risk in the Australian payments system and for the Bank’s oversight of financial market infrastructures. His previous roles at the Reserve Bank have included serving as Head of Economic Analysis, Head of Economic Research and Deputy Head of International Department. He has also worked at the International Monetary Fund in Washington on international capital markets issues, and on numerous countries including Korea, Russia and the Baltic countries. Dr. Richards’ academic and policy research has been published in leading international economic and financial journals. He holds a Bachelor of Economics (Honours) from the University of Sydney, a Masters in Public Administration from Harvard University and a Ph.D. in Business Administration from the George Washington University.