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
References
2 Oct 2008
RDP
2008-05
Bean C (2006), ‘Globalisation and Inflation’, Bank of England Quarterly Bulletin, 46(4), pp 468–475. ... Groen JJ and H Mumtaz (2008), ‘Investigating the Structural Stability of the Phillips Curve Relationship’, Bank of England Working Paper No
https://www.rba.gov.au/publications/rdp/2008/2008-05/references.html