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
International Financial Cooperation
12 Apr 2020
RBA Annual Report
– 2020
The Reserve Bank is one of 62 central banks and monetary authorities holding shares in the BIS. ... Staff from Payments Policy Department participated in:. an arrangement led by the Federal Reserve Bank of New York to oversee CLS Bank International,
https://www.rba.gov.au/publications/annual-reports/rba/2020/international-financial-cooperation.html
Abbreviations
27 Sep 2023
PSB Annual Report
– 2023
Bank bill swap rate. BECS. Bulk Electronic Clearing System. BIS. Bank for International Settlements. ... CIT. Cash-in-transit. CLS. CLS Bank International. CME. Chicago Mercantile Exchange Inc.
https://www.rba.gov.au/publications/annual-reports/psb/2023/abbreviations.html
Safety and Stability
1 Oct 2000
PSB Annual Report
– 2000
Individual transactions will be settled gross across the books of CLS Bank but banks will pay in, through the relevant domestic RTGS system, only their net short positions and in turn ... CLS Bank is being developed by around 60 shareholder banks active
https://www.rba.gov.au/publications/annual-reports/psb/2000/safety-stability.html
International Financial Cooperation
21 Oct 2021
RBA Annual Report
– 2021
Reserve Bank involvement. The Reserve Bank is one of 63 central banks and monetary authorities holding shares in the BIS. ... Reserve Bank involvement. Staff from Payments Policy Department participated in:. an arrangement led by the Federal Reserve
https://www.rba.gov.au/publications/annual-reports/rba/2021/international-financial-cooperation.html
References
1 Apr 2021
RDP
2021-04
Chapman B (2014), ‘The Impact of RBA Monetary Surprises’, Unpublished manuscript, Reserve Bank of Australia, 30 June. ... RBA (Reserve Bank of Australia) (2002), ‘Overnight Indexed Swap Rates’, RBA Bulletin, June, pp 22–25.
https://www.rba.gov.au/publications/rdp/2021/2021-04/references.html
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Business Services
21 Aug 2002
RBA Annual Report
– 2002
Bank. The introduction of CLS will mean extended operating hours for RITS to synchronise with CLS settlement hours during the European morning. ... In preparation for CLS, co-ordinated testing involving CLS Bank, participating RTGS systems and a small
https://www.rba.gov.au/publications/annual-reports/rba/2002/bus-serv.html
MONEY DEM.RD, OWN INTEREST RATES MW DEREGULATION Adrian Blundell_Wignall* ...
17 Oct 2014
RDP
PDF
1096KB
years. If conpet1tio3 from non-bank financial intermediaries has also just. kept pace with banks in providing these services., the appearance of relative. ... by non-bank financial institutions at the expense of banks. The subsequent.
https://www.rba.gov.au/publications/rdp/1987/pdf/rdp8703.pdf
Methodology
31 Dec 2012
RDP
2012-05
For simplicity, we allow unlimited liquidity for the RBA, CLS Bank and the settlement accounts of the equity and futures clearing and settlement systems. ... Excluding the RBA, CLS Bank and the settlement accounts for the equity and futures markets.
https://www.rba.gov.au/publications/rdp/2012/2012-05/methodology.html
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Abbreviations
27 Sep 2022
PSB Annual Report
- 2022
PDF
76KB
https://www.rba.gov.au/publications/annual-reports/psb/2022/pdf/abbreviations.pdf
Measuring Credit Losses
31 Dec 2015
RDP
2015-06
It is unbalanced, as banks enter, exit, and merge. On average, it covers around 80 per cent of bank lending in Australia over the sample period (Figure 2). ... This choice also excludes lending by banks' domestic finance company and merchant bank
https://www.rba.gov.au/publications/rdp/2015/2015-06/mea-cre-losses.html
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