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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All Speeches
4 Mar 2024
Speeches by senior staff of the Reserve Bank
https://www.rba.gov.au/speeches/list.html
Payments System Board Update: August 2023 Meeting
17 Aug 2023
Media Releases
Today's Payments System Board meeting discussed the annual Assessment of the ASX clearing and settlement facilities against the Financial Stability Standards, the oversight of international financial market infrastructures, prominent payment systems,
https://www.rba.gov.au/media-releases/2023/mr-23-20.html
December: 1997-Glossary
9 Mar 2023
Media Release
CLS. Continuous linked settlement – a process for simultaneous settlement of both legs of a foreign exchange transaction. ... CLS Services. A UK company founded by the G20 banks to oversee the implementation of continuous linked settlement (see CLS and
https://www.rba.gov.au/media-releases/1997/mr-97-22-fxsp/annex-e.html
December: 1997-Next Steps and Conclusions
9 Mar 2023
Media Release
It has attended meetings with CLS Services to discuss the proposals and the issues involved in including the AUD. ... A domestic RTGS system is an essential element for inclusion of any currency in the CLS proposal.
https://www.rba.gov.au/media-releases/1997/mr-97-22-fxsp/next-steps-conclusions.html
December: 1997-Sample Questionnaire
9 Mar 2023
Media Release
the proposed Group of 20 CLS Bank?
https://www.rba.gov.au/media-releases/1997/mr-97-22-fxsp/annex-b.html
December: 1997-Risk Management Practices
9 Mar 2023
Media Release
However, many remained mindful about the cost of joining bodies such as ECHO, Multinet International Bank or the proposed CLS Bank. ... In October 1997, it was announced that ECHO, Multinet and CLS Services would merge to form a single industry utility,
https://www.rba.gov.au/media-releases/1997/mr-97-22-fxsp/risk-management-practices.html
Transcript of Question & Answer Session on 30 November 2021
30 Nov 2021
Speech
Transcript of Question & Answer Session, ACI Australia Conference, Sydney
https://www.rba.gov.au/speeches/2021/sp-dg-2021-11-30-2-q-and-a-transcript.html
The Global Foreign Exchange Committee and the FX Global Code
22 Oct 2020
Speech
Speech delivered by Guy Debelle, Deputy Governor, FX Week Australia, Webinar
https://www.rba.gov.au/speeches/2020/sp-dg-2020-10-22.html
The Global Foreign Exchange Committee and the FX Global Code
21 Oct 2020
Speech
PDF
169KB
Part of the explanation is that the overall share of activity has increased incurrencies that are not settled through CLS – the main means for obtaining PvP protection. ... In CLScurrencies, it is possible that greater rates of internalisation by market
https://www.rba.gov.au/speeches/2020/pdf/sp-dg-2020-10-22.pdf
Transcript of Question & Answer Session on 21 May 2020
21 May 2020
Speech
Transcript of Question & Answer Session, Refinitiv & ACI Australia webinar, Online
https://www.rba.gov.au/speeches/2020/sp-dg-2020-05-21-q-and-a-transcript.html