Search: CLS Bank

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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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5 April 2022 | Minutes of the Monetary Policy Meeting of the Board

19 Apr 2022 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 5 April 2022
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2022/2022-04-05.html

3 October 2023 | Minutes of the Monetary Policy Meeting of the Board

17 Oct 2023 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 3 October 2023
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2023/2023-10-03.html

Funding Bank Supervision | Submission to the Financial System Inquiry – 6 September 1996 | Financial Sector | Submissions

6 Sep 1996 Submissions
Bank authorisation also entails costs to banks. They are required to meet ongoing supervisory requirements; provide data and other information; and pay for external auditor reporting to the RBA. ... banks, from converting to authorised bank status.
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-1996/funding-bank-supervision.html

7 March 2023 | Minutes of the Monetary Policy Meeting of the Board

21 Mar 2023 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 7 March 2023
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2023/2023-03-07.html

Submissions

8 May 2024 Submissions
Index of Documents commissioned by or prepared for Parliament, its committees, and other public inquiries
https://www.rba.gov.au/publications/submissions/

Chart A6 | International Comparisons of Bank Margins – August 1994

12 Mar 2024 Submissions
International Comparisons of Bank Margins – August 1994 Chart A6.
https://www.rba.gov.au/publications/submissions/financial-sector/international-comparisons-of-bank-margins/graphs/chart-a6.html

Applications for Authorisation in Relation to PIN@POS – July 2016 | Payments System | Submissions

8 May 2024 Submissions
The Bank anticipates making a further submission to the ACCC in relation to the substantive application for authorisation. ... the Reserve Bank of Australia, and recent trends in payment card use and fraud losses.
https://www.rba.gov.au/publications/submissions/payments-system/applications-for-authorisation-re-pin@pos-2013-07/index.html

Submission to the Senate Select Committee on Financial Technology and Regulatory Technology – December 2019 | Payments System | Submissions

28 Dec 2019 Submissions
Each of the four major banks and the Reserve Bank are able to appoint a director. ... The Bank's assessment – like those of most other central banks – is that the case for issuing a CBDC for use by households has not been established (Lowe 2017).
https://www.rba.gov.au/publications/submissions/payments-system/financial-and-regulatory-technology/index.html

7 September 2021 | Minutes of the Monetary Policy Meeting of the Board

7 Sep 2021 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 7 September 2021
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2021/2021-09-07.html

2020 | Minutes of the Monetary Policy Meeting of the Board

7 Jan 2020 Minutes
Minutes of the Monetary Policy Meetings of the Reserve Bank Board - 2020
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2020/