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
The Global Foreign Exchange Committee and the FX Global Code
21 Oct 2020
Speech
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169KB
The actions by central banks and governments aroundthe globe doubtless contributed to this rebound. ... Relatedly, somebuy-side firms will have a larger and more complex involvement with the FX market than many sell-side banks.
https://www.rba.gov.au/speeches/2020/pdf/sp-dg-2020-10-22.pdf
RESERVE BANK OF AUSTRALIA FOREIGN EXCHANGE SETTLEMENTPRACTICES IN AUSTRALIA ...
18 Dec 1997
Media Release
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268KB
Overall, though, Australian practice does not appear to vary significantlyfrom that reported for the G10 banks in 1995. ... This isconsistent with the broad findings of the CPSS for the G10 banks in 1995.
https://www.rba.gov.au/media-releases/1997/pdf/fxsp.pdf
The Reserve Bank of Australia - Post Wallis
27 Feb 2001
Speech
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73KB
bank; however, it denied support to two other troubled banks due toconcerns about their ongoing viability. ... On the safety and stability side, the Board lent itsweight to efforts to have the Australian dollar included in the first wave ofcurrencies to
https://www.rba.gov.au/speeches/1999/pdf/sp-ag-281099.pdf
Prudent Mortgage Lending Standards Help Ensure Financial Stability
22 Feb 2012
Speech
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90KB
In Australia in recent years, around two-thirds of new mortgage borrowers from banks had an initial loan-to-valuation ratio below 80 per cent. ... Foote CL, K Gerardi and PS Willen (2008), ‘Negative Equity and Foreclosure: Theory and Evidence’,
https://www.rba.gov.au/speeches/2012/pdf/sp-so-230212.pdf
Reserve Bank of Australia and Hong Kong Monetary Authority
3 Jul 2002
Media Release
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38KB
These annual meetings have been established in the context of fostering enhanced co-operationbetween the two central banks. ... A range of subjects of mutual interest was discussed, includingregional central bank co-operation, as well as recent economic
https://www.rba.gov.au/media-releases/1997/pdf/jmr-97-2104-rba-hkma.pdf
Memorandum of Understanding between the Australian Competition and Consumer Commission and the Reserve Bank of Australia - 9 September 1998
8 Mar 2002
Media Release
PDF
36KB
Objective. 1. This Memorandum of Understanding sets out an agreed basis for policy coordination and information sharing between the Australian Competition and Consumer Commission (ACCC) and the Reserve Bank of Australia ... MEMORANDUM OF UNDERSTANDING
https://www.rba.gov.au/media-releases/1998/pdf/jmr-98-accc-rba-mou.pdf
Memorandum of Understanding between the Reserve Bank of Australia and The Australian Prudential Regulation Authority
8 Mar 2002
Media Release
PDF
97KB
MEMORANDUM OF UNDERSTANDING. THE RESERVE BANK OF AUSTRALIA AND THE AUSTRALIAN PRUDENTIAL REGULATION AUTHORITY. ... 4. APRA is responsible for the prudential supervision of banks, life and general insurance.
https://www.rba.gov.au/media-releases/1998/pdf/jmr-98-rba-apra-mou.pdf
The Indigenous Economy in Australia and the Reserve Bank of Australia
9 May 2022
Speech
PDF
191KB
The Indigenous Economy in Australia and the Reserve Bank of Australia | Speeches | RBA. ... The Bank continues to build on the formidable legacy of our first Governor.
https://www.rba.gov.au/speeches/2021/pdf/sp-dg-2021-11-30.pdf
Reserve Bank Review
20 Apr 2023
Speech
PDF
198KB
Speech - 2023
https://www.rba.gov.au/speeches/2023/pdf/sp-gov-2023-04-20.pdf
Bilateral Local Currency Swap Agreement with the People's Bank of China
22 Mar 2012
Media Release
PDF
79KB
Media Release 2012-08
https://www.rba.gov.au/media-releases/2012/pdf/mr-12-08.pdf