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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Evolving Bank and Systemic Risk
16 Dec 2021
Speech
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364KB
From bank risk to systemic riskI'd now like to turn to how those core risks to banks can result in systemic risks for the financialsystem. ... for example thata deposit run on a small bank precipitates runs on other small banks that look ‘similar’).
https://www.rba.gov.au/speeches/2021/pdf/sp-so-2021-12-16.pdf
Central Bank Independence in Retrospect
28 Sep 2017
Speech
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72KB
Thepolitical business cycle was one of the primary motivations for central bank independence. ... Another important distinction, in my view, between the Delphic Oracle and central banks is that theaccountability is confined to the goals given to the
https://www.rba.gov.au/speeches/2017/pdf/sp-dg-2017-09-28.pdf
The Future of Payments: Cryptocurrencies, Stablecoins or Central Bank Digital Currencies?
26 Nov 2021
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322KB
There is considerable focus globally on CBDCs, with surveys from the Bank for InternationalSettlements indicating that essentially all central banks are doing work in this area. ... So there could be potential benefits arising from central banks issuing
https://www.rba.gov.au/speeches/2021/pdf/sp-so-2021-11-18.pdf
Retail Central Bank Digital Currency: Design Considerations and Rationales
15 Oct 2020
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284KB
possibility of central banks issuing a new digital form of cash, known ascentral bank digital currency or CBDC. ... s Bank ofChina and then distributed by commercial banks or other payment service providers.
https://www.rba.gov.au/speeches/2020/pdf/sp-so-2020-10-14.pdf
The Economics of a Central Bank Digital Currency in Australia
7 Dec 2022
Speech
PDF
685KB
Speech - 2022
https://www.rba.gov.au/speeches/2022/pdf/sp-ag-2022-12-08.pdf
30/06/2020 The Reserve Bank's Policy Actions and Balance Sheet ...
30 Jun 2020
Speech
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349KB
30/06/2020 The Reserve Bank's Policy Actions and Balance Sheet | Speeches | RBA. ... rba4-local.rba.gov.au/speeches/2020/sp-dg-2020-06-30.html 8/18. Graph 5. As was the case with many other central banks, the Reserve Bank bought government
https://www.rba.gov.au/speeches/2020/pdf/sp-dg-2020-06-30.pdf
The Future System for Monetary Policy Implementation
2 Apr 2024
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657KB
Speech - 2024
https://www.rba.gov.au/speeches/2024/pdf/sp-ag-2024-04-02.pdf
Opening Statement to the House of Representatives Standing Committee on Economics
8 Feb 2024
Speech
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262KB
Speech - 2024
https://www.rba.gov.au/speeches/2024/pdf/sp-gov-2024-02-09.pdf
Year 2000 Preparations in the Australian Financial System
26 Feb 2001
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54KB
Year 2000 Preparations inthe Australian Financial. System. John F LakerReserve Bank of Australia. ... institutions• Not expecting to use them. Supervision of banks. • Remediation and testing virtuallyfinished. •
https://www.rba.gov.au/speeches/1999/pdf/y2k-slides.pdf
External Review - RBA Economic Group Forecasts and Analysis
4 Apr 2016
Speech
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722KB
EXTERNAL REVIEW – RESERVE BANK OF AUSTRALIA ECONOMIC GROUP FORECASTS AND ANALYSIS.
https://www.rba.gov.au/speeches/2016/pdf/sp-ag-2016-04-06-external-forecast-review-final-report.pdf