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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Payments System Board Annual Report 2015 - Oversight of High-value Payment Systems
21 Oct 2015
PSB Annual Report
2015
PDF
60KB
https://www.rba.gov.au/publications/annual-reports/psb/2015/pdf/oversight-of-high-value-payment-systems.pdf
RBA Annual Report - International Financial Co-operation
27 Aug 2002
Annual Report
PDF
47KB
CLS Bank, which is the vehicle through which the. settlements are processed, is being co-ordinated. ... the RBA is represented on the CPSS group reviewing. the project and liaising with CLS Bank on operational.
https://www.rba.gov.au/publications/annual-reports/rba/2002/pdf/intl-fin-coop.pdf
Film RB A/R 98 EDITORIAL
1 Sep 1998
Annual Report
PDF
166KB
To reduce such risk further, a group ofmajor international banks is planning to establish a limited-purpose vehicle – theContinuous Linked Settlement (CLS) Bank – to facilitate the simultaneoussettlement of participants’ foreign exchange
https://www.rba.gov.au/publications/annual-reports/rba/1998/pdf/surveillance.pdf
Financial Market Infrastructures
27 Sep 2022
PSB Annual Report
- 2022
PDF
858KB
https://www.rba.gov.au/publications/annual-reports/psb/2022/pdf/financial-market-infrastructures.pdf
RBA Annual Report - Business Services
28 Aug 2001
Annual Report
PDF
390KB
continuous linked settlement” (CLS) Bank.This is. a global initiative which will reduce foreign. ... receipt in the other currency is assured. CLS Bank. is being developed by over 60 shareholder banks.
https://www.rba.gov.au/publications/annual-reports/rba/2001/pdf/bus-serv.pdf
Reserve Bank of Australia Annual Report 2015 - Banking and Payment Services
22 Oct 2015
RBA Annual Report
2015
PDF
257KB
https://www.rba.gov.au/publications/annual-reports/rba/2015/pdf/banking-and-payment-services.pdf
RESERVE BANK OF AUSTRALIA REDUCING FOREIGN EXCHANGESETTLEMENT RISK IN ...
9 Sep 1999
PDF
366KB
To remove foreign exchange settlement risk, banks would settle both legs ofeach foreign exchange transaction across the CLS Bank’s books on a payment-versus-payment basis. ... There are over 60 shareholders in the holding company for CLS Bank,
https://www.rba.gov.au/payments-and-infrastructure/resources/publications/payments-au/reducing-forex-risk.pdf
Payments System Board Annual Report 1999 - Overview
22 Sep 2005
PSB Annual Report
1999
PDF
184KB
https://www.rba.gov.au/publications/annual-reports/psb/1999/pdf/overview.pdf
Risk Premia, Market Efficiency and the Exchange Rate: Some Evidence since the Float
19 Nov 2012
RDP
PDF
661KB
t:tn = Cl ut. 13 December 1983 - 5 February 1985 12 February 1985 - 28 January 1986. ... Period 2. :/(2) T2. Cl. - 50 0.001 (0.046). - 48 0.007 (0.010). -
https://www.rba.gov.au/publications/rdp/1986/pdf/rdp8603.pdf
Payments System Board Annual Report 2002 - Glossary of Terms and Abbreviations
22 Sep 2005
PSB Annual Report
2002
PDF
54KB
https://www.rba.gov.au/publications/annual-reports/psb/2002/pdf/glossary.pdf