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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Reforms to the Payment Systems (Regulation) Act 1998
20 Dec 2023
Submissions
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306KB
both ‘specific’ and ‘general directions’ following consultation, would give the Bank the necessary. ... differences of opinion between the Government and the Bank on payments system policy.
https://www.rba.gov.au/publications/submissions/payments-system/pdf/treasury-consultation-on-reforms-to-the-psra-submission-07-07-2023.pdf
Notification of Exclusive Dealing - 2 May 2008
6 May 2008
Submissions
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23KB
Submission to the ACCC: eBay and PayPal
https://www.rba.gov.au/publications/submissions/payments-system/ebay-and-paypal/pdf/notification-of-exclusive-dealing.pdf
Proposed Merger Between Armaguard and Prosegur
17 Apr 2023
Submissions
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228KB
2 See Reserve Bank of Australia (2022), ‘Proposed Merger between Armaguard and Prosegur’, October. ... agree with this view, the Reserve Bank repeats the comments in its Previous Submission.
https://www.rba.gov.au/publications/submissions/payments-system/pdf/proposed-merger-armaguard-and-prosegur-submission-april-2023.pdf
Submission to the Inquiry into Development of the Commonwealth Performance Framework
18 Jun 2015
Submissions
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206KB
Inquiry into Development of the Commonwealth Performance Framework
https://www.rba.gov.au/publications/submissions/other/pdf/inquiry-development-of-commonwealth-performance-framework.pdf
Submission to the Senate Select Committee on Financial Technology and Regulatory Technology
9 Jan 2020
Submissions
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797KB
using local bank accounts, offering cheaper and faster money transfers than many banks. ... providers; the Bank was one of the first central banks to liberalise access.
https://www.rba.gov.au/publications/submissions/payments-system/financial-and-regulatory-technology/pdf/financial-and-regulatory-technology.pdf
Submission to the Senate Select Committee on Australia as a Technology and Financial Centre - July 2021
19 Jul 2021
Submissions
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610KB
Like many other advanced-economy central banks, the Bank does not consider that a policy case has yet emerged for issuing a CBDC.1 However, the Bank is continuing to closely ... In 1999 the Bank was one of the first central banks to liberalise access by
https://www.rba.gov.au/publications/submissions/payments-system/pdf/inquiry-into-australia-as-a-technology-and-financial-centre.pdf
Submission to the Parliamentary Joint Committee on Corporations and Financial Services inquiry into Mobile payment and digital wallet…
26 May 2021
Submissions
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626KB
Accordingly, the Bank will continue to closely monitor developments in Australia and overseas. ... card schemes provide the Bank with access to their fee schedules and scheme rules.
https://www.rba.gov.au/publications/submissions/payments-system/pdf/inquiry-into-mobile-payment-and-digital-wallet-financial-services.pdf
Submission to the Inquiry into the Public Governance and Resources Legislation Amendment Bill (No. 1) 2015 (the Bill)
13 Mar 2015
Submissions
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70KB
https://www.rba.gov.au/publications/submissions/other/pdf/inquiry-public-governance-and-resources-legislation-amendment-bill.pdf
Report to the House of Representatives Standing Committee on Economics - May 2009
14 May 2009
Submissions
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95KB
Inquiry into Competition in the Banking and Non-Banking Sectors
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-report-2009-05/pdf/inquiry-report-2009-05.pdf
Inquiry into Private Equity and its effects on Capital Markets and the Australian Economy - 24 July 2007
25 Jul 2007
Submissions
PDF
34KB
Inquiry into Private Equity and its effects on Capital Markets and the Australian Economy
https://www.rba.gov.au/publications/submissions/private-equity/pdf/inquiry-private-equity-investments-and-effects-on-capital-markets.pdf