Search: 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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Foreign Exchange Settlement Practices in Australia
22 Feb 2001
Bulletin
PDF
31KB
to be calledContinuous Linked Settlement (CLS) Bank.Final and irrevocable settlement of foreignexchange transactions would take place acrossthose accounts. ... The CLS Bank would be amember of the RTGS system of each of thecurrencies being settled,
https://www.rba.gov.au/publications/bulletin/1998/feb/pdf/bu-0298-2.pdf
Abbreviations
15 Oct 2020
PSB Annual Report
– 2020
Card-not-present. CLS. CLS Bank International. CPMI. Committee on Payments and Market Infrastructures.
https://www.rba.gov.au/publications/annual-reports/psb/2020/abbreviations.html
Abbreviations
21 Oct 2021
PSB Annual Report
- 2021
PDF
76KB
https://www.rba.gov.au/publications/annual-reports/psb/2021/pdf/abbreviations.pdf
RBA Annual Report - Business Services
3 Sep 2003
Annual Report
PDF
130KB
linked settlement (CLS) initiative to reduce foreign. exchange settlement risk commenced operations in. ... Currently nine banks in. Australia make payments to CLS Bank on their own.
https://www.rba.gov.au/publications/annual-reports/rba/2003/pdf/bus-serv.pdf
Payments System Board Annual Report 2014 - Oversight of High-value Payment Systems
25 Sep 2014
PSB Annual Report
2014
PDF
222KB
https://www.rba.gov.au/publications/annual-reports/psb/2014/pdf/oversight-high-value.pdf
Safety and Stability
20 Sep 2005
PSB Annual Report
– 2005
CLS has been described in more detail in previous Payments System Board Annual Reports. ... This brings the number of currencies settling in CLS to fifteen (Table 8).
https://www.rba.gov.au/publications/annual-reports/psb/2005/safety-stability.html
Abbreviations
17 Oct 2019
PSB Annual Report
– 2019
CME. Chicago Mercantile Exchange Inc. CNP. Card-not-present. CLS. CLS Bank International.
https://www.rba.gov.au/publications/annual-reports/psb/2019/abbreviations.html
Payments System Board Annual Report 2012 - Oversight of High-value Payments Systems
14 Sep 2012
PSB Annual Report
2012
PDF
342KB
https://www.rba.gov.au/publications/annual-reports/psb/2012/pdf/oversight-high-value.pdf
Abbreviations
20 Sep 2018
PSB Annual Report
– 2018
CLS. CLS Bank International. CMA. Competition and Markets Authority (UK). CME.
https://www.rba.gov.au/publications/annual-reports/psb/2018/abbreviations.html
Oversight, Supervision and Regulation of Financial Market Infrastructures
14 Sep 2017
PSB Annual Report
– 2017
Through this forum the Bank is involved in overseeing how well CLS meets the requirements of the PFMI. ... The latter is part of plans by CLS to diversify its operations beyond providing FX settlement services.
https://www.rba.gov.au/publications/annual-reports/psb/2017/oversight-supervision-and-regulation-of-financial-market-infrastructures.html