Search: CLS Bank
RBA Glossary definition for CLS Bank
CLS Bank – CLS Bank is a multi-currency bank, regulated by the Federal Reserve Bank of New York, which uses central bank funds to simultaneously settle cross-currency transactions in real time through a process known as Continuous Linked Settlement (CLS).
RBA Glossary definition for CLS
CLS – Continuous Linked Settlement. A process enabling simultaneous foreign exchange settlement across the globe, eliminating the settlement risk caused by delays arising from time-zone differences.
Search Results
Renewal of Bilateral Local Currency Swap Arrangement Between the Reserve Bank of Australia and Bank Indonesia
21 Feb 2022
Media Releases
The Reserve Bank of Australia has renewed its bilateral local currency swap agreement with Bank Indonesia.
https://www.rba.gov.au/media-releases/2022/mr-22-04.html
Foreign Bank Representative Offices
28 Oct 1997
Media Releases
In line with moves by overseas supervisors, the Reserve Bank has decided to clarify and strengthen the conditions attaching to the operation of foreign bank representative offices in Australia, and the entry criteria for foreign banks wishing to
https://www.rba.gov.au/media-releases/1997/mr-97-18.html
Relationship between Banks, their External Auditors and the Reserve Bank
15 May 1997
Media Releases
Responsibility for providing the Reserve Bank with an assurance about the efficacy of risk management systems will shift from bank's external auditors to the Chief Executive and board of each bank
https://www.rba.gov.au/media-releases/1997/mr-97-09.html
Reserve Bank and Digital Finance CRC Complete CBDC Research Project
23 Aug 2023
Media Releases
The RBA and the DFCRC today released a report on the findings from a research project that explored potential use cases for a CBDC in Australia.
https://www.rba.gov.au/media-releases/2023/mr-23-21.html
BIS and Central Bank Partners to Explore Protocols for Embedding Policy and Regulatory Compliance in Cross-border Transactions
5 Oct 2023
Media Releases
The BIS Innovation Hub Singapore Centre, Reserve Bank of Australia, Bank of Korea, Bank Negara Malaysia, and Monetary Authority of Singapore today launched Project Mandala.
https://www.rba.gov.au/media-releases/2023/mr-23-26.html
Bilateral Local Currency Swap Agreement with the Bank of Japan
18 Mar 2016
Media Releases
The Reserve Bank of Australia has signed a bilateral local currency swap agreement with the Bank of Japan.
https://www.rba.gov.au/media-releases/2016/mr-16-06.html
Reserve Bank and Digital Finance Cooperative Research Centre to Explore Use Cases for CBDC
9 Aug 2022
Media Releases
Considerable research has been undertaken by central banks, including the Reserve Bank, into the feasibility and possible technical design of CBDC, in particular exploring the potential use of new technologies such ... Enquiries: Reserve Bank of Australia
https://www.rba.gov.au/media-releases/2022/mr-22-23.html
Appointment of Reserve Bank Governor
14 Jul 2023
Media Releases
The Treasurer, the Hon Dr Jim Chalmers MP, has appointed Michele Bullock as Governor of the Reserve Bank of Australia for a seven-year term commencing 18 September 2023.
https://www.rba.gov.au/media-releases/2023/mr-23-17.html
2025 Reserve Bank Board Meeting Dates
10 May 2024
Media Releases
The Reserve Bank of Australia has published the dates for meetings of the Reserve Bank Board and the release of the Statement on Monetary Policy in 2025.
https://www.rba.gov.au/media-releases/2024/mr-24-09.html
Changes to the Reserve Bank's Domestic Market Operations in the Transition Phase to Real-time Gross Settlement
9 May 1996
Media Releases
Announces changes to the RBA's Domestic Markets Operations to be introduced in June to August 1986
https://www.rba.gov.au/media-releases/1996/mr-96-06.html