Search: 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.
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OTC Derivatives Reforms and the Australian Cross-currency Swap Market
24 Jun 2013
Bulletin
– June 2013
Reforms to improve the management of counterparty credit risk in over-the-counter (OTC) derivatives markets are underway globally. A key pillar of the reforms is the migration of these markets to central counterparties (CCPs), while higher capital
https://www.rba.gov.au/publications/bulletin/2013/jun/7.html
General Background | 2013 Self-assessment of the Reserve Bank Information and Transfer System
9 Mar 2023
The SWIFT PDS is used primarily to submit customer and bank-to-bank payments to RITS, including the Australian dollar leg of foreign exchange transactions that settle in CLS Bank International ... CLS). Austraclear transactions generally represent the
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2013/background.html
Abbreviations
28 Sep 2022
PSB Annual Report
– 2022
Card-not-present. CLS. CLS Bank International. CPMI. Committee on Payments and Market Infrastructures.
https://www.rba.gov.au/publications/annual-reports/psb/2022/abbreviations.html
Appendix A: Background Information | 2021 Assessment of the Reserve Bank Information and Transfer System
9 Mar 2023
RITS is used to settle time-critical wholesale payments for other financial market infrastructures (FMIs): Australian dollar pay-ins to, or pay-outs from, CLS Bank International (CLS); margin payments to ... Other FMIs with ESAs (i.e. CLS, the ASX CCPs
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2021/appendix-a.html
Appendix A: Background Information | 2022 Assessment of the Reserve Bank Information and Transfer System
9 Mar 2023
International (CLS); margin payments to central counterparties (CCPs); and debt and equity settlement obligations arising in securities settlement systems. ... Other FMIs with ESAs (i.e. CLS, the ASX CCPs, and LCH Clearnet Limited (LCH)) use these feeder
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2022/appendix-a.html
Safety and Stability
24 Mar 2003
PSB Annual Report
– 2002
These efforts have focused on the development of a ‘continuous linked settlement’ mechanism, known as CLS Bank. ... These were the standards in place when the development of CLS Bank got under way.
https://www.rba.gov.au/publications/annual-reports/psb/2002/safety-stability.html
Real-time Gross Settlement in Australia
21 Sep 2010
Bulletin
PDF
257KB
Reserve Bank of Australia Bulletin September 2010
https://www.rba.gov.au/publications/bulletin/2010/sep/pdf/bu-0910-8.pdf
Abbreviations
21 Oct 2021
PSB Annual Report
– 2021
Card-not-present. CLS. CLS Bank International. CPMI. Committee on Payments and Market Infrastructures.
https://www.rba.gov.au/publications/annual-reports/psb/2021/abbreviations.html
How Will Ageing Affect the Structure of Financial Markets?
3 Jan 2007
Conferences
PDF
185KB
RBA Conference Volume 2006
https://www.rba.gov.au/publications/confs/2006/pdf/davis.pdf
Payments System Board Annual Report 2010 - Other Regulatory Responsibilities
25 Oct 2010
PSB Annual Report
2010
PDF
247KB
https://www.rba.gov.au/publications/annual-reports/psb/2010/pdf/reg-response.pdf