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
Reserve Bank of Australia Annual Report 2014 - Banking and Payments
22 Sep 2014
RBA Annual Report
2014
PDF
162KB
https://www.rba.gov.au/publications/annual-reports/rba/2014/pdf/banking-payments.pdf
Payments System Board Annual Report 2004 - Safety and Stability
22 Sep 2005
PSB Annual Report
2004
PDF
50KB
https://www.rba.gov.au/publications/annual-reports/psb/2004/pdf/safety-stability.pdf
Financial Stability Review - September 2011
22 Sep 2011
FSR
- September 2011
PDF
628KB
https://www.rba.gov.au/publications/fsr/2011/sep/pdf/aus-fin-sys.pdf
OTC Derivatives Reforms and the Australian Cross-currency Swap Market
19 Jun 2013
Bulletin
PDF
241KB
Reserve Bank of Australia Bulletin June 2013
https://www.rba.gov.au/publications/bulletin/2013/jun/pdf/bu-0613-7.pdf
Payments System Board Annual Report 2003 - Overview
22 Sep 2005
PSB Annual Report
2003
PDF
23KB
https://www.rba.gov.au/publications/annual-reports/psb/2003/pdf/overview.pdf
The Impact of Payment System Design on Tiering Incentives
28 Jan 2015
RDP
PDF
862KB
Excluding a number of participants for which indirect settlement would be unrealistic (such as the 4 largest participants, CLS Bank and the RBA), there are 49 participants altogether that are considered ... system that does not have a central queue. 14
https://www.rba.gov.au/publications/rdp/2012/pdf/rdp2012-06.pdf
2021 Assessment of the Reserve Bank Information and Transfer System
11 Sep 2023
PDF
1366KB
recommends that the Bank formally document its decision-making and crisis-management arrangements. ... Australian dollar pay-ins to, or pay-outs from, CLS Bank International (CLS); margin payments to central.
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2021/pdf/2021-assessment-rits.pdf
RBA Annual Report - Operations in Financial Markets
3 Sep 2003
Annual Report
PDF
324KB
An important development during the year was. the commencement of operations of the CLS Bank,. ... otherwise caused difficulties, particularly in making. payments to CLS Bank. In contrast to the increase in demand for intra-day.
https://www.rba.gov.au/publications/annual-reports/rba/2003/pdf/oper-fin-mkts.pdf
Payments System Board Annual Report 2023
11 Oct 2023
PSB Annual Report
- 2023
PDF
2459KB
https://www.rba.gov.au/publications/annual-reports/psb/2023/pdf/psb-annual-report-2023.pdf
Payments System Board Annual Report 2016 - Oversight of High-value Payment Systems
12 Oct 2016
PSB Annual Report
2016
PDF
243KB
https://www.rba.gov.au/publications/annual-reports/psb/2016/pdf/oversight-of-high-value-payment-systems.pdf