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
The Cash Market
15 Dec 2016
Bulletin
– December 2016
The cash market is the market for unsecured, overnight loans between banks. The weighted average of interest rates on these loans is the cash rate, the Reserve Bank's operational target for monetary policy and an important financial benchmark. Over
https://www.rba.gov.au/publications/bulletin/2016/dec/4.html
The Introduction of Same-day Settlement of Direct Entry Obligations in Australia
19 Jun 2014
Bulletin
– June 2014
In November 2013, the Reserve Bank introduced changes to its Reserve Bank Information and Transfer System (RITS) to allow the same-day settlement of non-government direct entry obligations. This outcome met one of the objectives set by the Payments
https://www.rba.gov.au/publications/bulletin/2014/jun/7.html
Change and Constancy in the Financial System: Implications for Financial Distress and Policy | Conference – 2007
20 Aug 2007
Conferences
of income and profits for commercial and investment banks (Banque de France 2007). ... of Delivery-versus-Payment for securities and of Payment-versus-Payment for foreign exchange transactions, such as through CLS Bank (Borio and Van den Bergh 1993; BIS
https://www.rba.gov.au/publications/confs/2007/borio.html
Developments and Innovation in the Payments System | Submission to the Financial System Inquiry – March 2014 | Financial Sector |…
1 Mar 2014
Submissions
Inclusion of the Australian dollar in CLS Bank International (CLS) has addressed the bulk of foreign exchange settlement risk. ... 8.2.2.2 CLS Bank International (CLS). CLS is an international payment system for settling foreign exchange trades in 17
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-2014-03/developments-and-innovation.html
List of tables | Submission to the Financial System Inquiry March 2014 | Financial Sector | Submissions
1 Mar 2014
Submissions
6th largest: 1 per cent. (a) Data are on a resident, domestic books basis and include Australian-owned banks, foreign-owned bank subsidiaries, and foreign-owned bank branches. ... CLS. Settlement of foreign exchange transactions. $253 billion (AUD
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-2014-03/tables.html
Financial Stability Review - September 2011
22 Sep 2011
FSR
- September 2011
PDF
1902KB
https://www.rba.gov.au/publications/fsr/2011/sep/pdf/0911.pdf
Commercial Property and Financial Stability – An International Perspective
10 Jun 2010
Bulletin
– June 2010
The effect on bank loan losses is also generally greater. A number of factors contribute to this: banks' CRE loans are more concentrated in construction loans than housing lending is; imbalances ... References. Foote CL, K Gerardi and PS Willen (2008),
https://www.rba.gov.au/publications/bulletin/2010/jun/4.html
The Cash Market
13 Dec 2016
Bulletin
December Quarter 2016
PDF
857KB
https://www.rba.gov.au/publications/bulletin/2016/dec/pdf/rba-bulletin-2016-12-the-cash-market.pdf
Competition, Markups, and the Gains from International Trade
12 Dec 2011
Research Workshop
PDF
455KB
Reserve Bank of Australia Workshop 2011
https://www.rba.gov.au/publications/workshops/research/2011/pdf/edmond.pdf
What are the Global Imbalances?
20 Oct 2005
Bulletin
PDF
132KB
Address by Governor to the Economic Society of Australia Dinner 28 September 2005 Melbourne
https://www.rba.gov.au/publications/bulletin/2005/oct/pdf/bu-1005-3.pdf