Search: CLS Bank

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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

Credit Card Benchmark Calculation

16 Dec 2011 Media Release PDF 28KB
Interchange Fees for the MasterCard and Visa Schemes
https://www.rba.gov.au/media-releases/2006/pdf/mr-06-08-benchmark-calc-credit-card.pdf

Payment Systems (Regulation) Act 1998, The designated credit card systems operated by Bankcard, MasterCard and Visa - July 2005

20 Jul 2005 Media Release PDF 123KB
Reform of Credit Card Schemes in Australia
https://www.rba.gov.au/media-releases/2005/pdf/mr-05-08-gazette-notice-interchange-std.pdf

Variation of Interchange Standard as it applies to the MasterCard and Visa systems

26 Apr 2006 Media Release PDF 92KB
Payment Systems (Regulation) Act 1998
https://www.rba.gov.au/media-releases/2006/pdf/mr-06-02-creditcard-std.pdf

Regulation Impact Statement: Exemptions for Limited Facilities and Certain Guaranteed Holders of Stored Value

9 Mar 2004 Media Release PDF 140KB
It will also reduce the costs to the Reserve Bank of regulating such facilities. ... For these reasons, the Bank has chosen to adopt Option III as outlined above.
https://www.rba.gov.au/media-releases/2004/pdf/mr-04-04-regulation-impact-stmt.pdf

Visa Debit Benchmark Calculation

12 Dec 2009 Media Release PDF 18KB
Interchange Fees for the MasterCard and Visa Schemes
https://www.rba.gov.au/media-releases/2006/pdf/mr-06-08-benchmark-calc-scheme-debit.pdf

Access Regime Access Regime for the MasterCard Credit Card ...

17 Dec 2014 Media Release PDF 95KB
2001 by the Reserve Bank of Australia under section 11 of the Payment Systems. ... month after such rejection. Certification and reporting. 21. The administrator of the Scheme must provide to the Reserve Bank on or before 31 July.
https://www.rba.gov.au/media-releases/2014/pdf/mr-14-22-gazette-notice-mastercard.pdf

Standard: The Setting of Interchange Fees in the Visa Debit Payment System - April 2006

26 Apr 2006 Media Release PDF 40KB
Reform of the EFTPOS and Visa Debit Systems in Australia
https://www.rba.gov.au/media-releases/2006/pdf/visa-debit-interchange-standard.pdf

Payment Systems (Regulation) Act 1998, The designated VISA Debit system

7 Jul 2006 Media Release PDF 207KB
Reform of Debit Card Systems in Australia
https://www.rba.gov.au/media-releases/2006/pdf/mr-06-04-gazette-notice-visa-debit-system.pdf

RBA/ESA Economics Competition 2016 Information Pack

9 May 2016 Media Release PDF 482KB
RBA/ESA Economics Competition 2016
https://www.rba.gov.au/media-releases/2016/pdf/rba-esa-economics-competition-2016-information-pack.pdf

Preparation for LIBOR transition ‘Dear CEO’ letter feedback

8 Apr 2020 Media Release PDF 228KB
Media Release 2020-12
https://www.rba.gov.au/media-releases/2020/pdf/2020-12-public-feedback-preparation-for-libor-transition.pdf