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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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 2003 - Overview
22 Sep 2005
PSB Annual Report
2003
PDF
23KB
https://www.rba.gov.au/publications/annual-reports/psb/2003/pdf/overview.pdf
Payments System Board Annual Report 2001
30 Sep 2003
Annual Report
PDF
3392KB
financial system. Payments System Board. Reserve Bank of Australia 2002. All rights reserved. ... initiative to develop a special-purpose bank –. CLS Bank – to handle the settlement of foreign.
https://www.rba.gov.au/publications/annual-reports/psb/2001/pdf/2001-psb-ann-report.pdf
Payments System Board Annual Report 2003
29 Sep 2003
Annual Report
PDF
544KB
On the safety and stability side, the Board hasencouraged the reduction of risk in foreignexchange settlements through the establishmentof the Continuous Linked Settlement (CLS) Bank.CLS became operational in September 2002 ... THE AUSTRALIAN PAYMENTS
https://www.rba.gov.au/publications/annual-reports/psb/2003/pdf/2003-psb-ann-report.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
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
News and Interest Rate Expectations: A Study of Six Central Banks
27 Nov 2006
Conferences
PDF
206KB
RBA Conference Volume 2004
https://www.rba.gov.au/publications/confs/2004/pdf/connolly-kohler.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
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
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