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.
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References
22 Jun 2018
RDP
2018-07
House CL and MD Shapiro (2008), ‘Temporary Investment Tax Incentives: Theory with Evidence from Bonus Depreciation’, The American Economic Review, 98(3), pp 737–768. ... Reserve Bank of Australia, 2001–2024. All rights reserved. The Reserve Bank
https://www.rba.gov.au/publications/rdp/2018/2018-07/references.html
The GFC Investment Tax Break
1 Jun 2018
RDP
2018-07
Research Discussion Paper – RDP 2018-07 The GFC Investment Tax Break. David Rodgers. and Jonathan Hambur. June 2018. 1.8. MB. 1. Introduction. The effect of business taxation on investment remains a relevant question, more than 50 years after Hall
https://www.rba.gov.au/publications/rdp/2018/2018-07/full.html