Search: CLS

Sort by: Relevance Date
2130 of 652 search results for 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

Safety and Stability

11 Nov 2004 PSB Annual Report – 2004
The Continuous Linked Settlement Bank (CLS) has now been operating for two years. ... Settlements in these currencies are likely to commence by 2005, bringing the total number of currencies in CLS to 15.
https://www.rba.gov.au/publications/annual-reports/psb/2004/safety-stability.html

Oversight of High-value Payment Systems

9 Oct 2015 PSB Annual Report – 2015
The Bank also uses this forum to oversee how well CLS meets relevant international principles. ... The Oversight Committee has monitored closely a number of developments in CLS during 2014/15.
https://www.rba.gov.au/publications/annual-reports/psb/2015/oversight-of-high-value-payment-systems.html

Payments System

4 Jan 2024
Overview of the Australian Payments System
https://www.rba.gov.au/payments-and-infrastructure/payments-system.html

Introduction | Continuous Linked Settlement: RITS Session Times and Operational Arrangements – July 2015

9 Mar 2023
Payments between CLS Bank and CLS ‘settlement members’ for each participating currency are made in the local RTGS systems. ... On these occasions, there will be no AUD FX instructions for CLS settlement.
https://www.rba.gov.au/payments-and-infrastructure/rits/information-papers/cls-rits-session-times-and-operational-arrangements/introduction.html

Operations in Financial Markets

2 Sep 2003 RBA Annual Report – 2003
CLS has also created additional demands for intra-day liquidity, although to date the effect has been fairly modest. ... Compared with the value being settled, these payments are relatively small reflecting the netting of members' pay-in obligations by
https://www.rba.gov.au/publications/annual-reports/rba/2003/oper-fin-mkts.html

List of tables

20 Sep 2005 PSB Annual Report – 2005
Table 8: CLS Currencies. Currency. Joined CLS. Australian dollar. September 2002. ... Source: CLS Bank.
https://www.rba.gov.au/publications/annual-reports/psb/2005/tables.html

Domestic Market Dealing Arrangements

15 Jul 2002 Media Releases
Announcement of new facility for intra-day repurchase agreements to help banks meet liquidity needs under Continuous Linked Settlement (CLS) arrangements
https://www.rba.gov.au/media-releases/2002/mr-02-14.html

The Foreign Exchange Market and Central Counterparties

10 Mar 2010 Bulletin – March 2010
Mark Manning, Alex Heath and James Whitelaw
See CLS (2009) for a further discussion of the global foreign exchange market and the role of CLS. ... CLS (2009), ‘Briefing on the Global FX Market and the Role of CLS Bank’, September 2009.
https://www.rba.gov.au/publications/bulletin/2010/mar/8.html

Contact RITS

9 Mar 2023
Contact information for RITS Members regarding operational assistance or matters relating to the business aspects of RITS and RITS operating hours
https://www.rba.gov.au/payments-and-infrastructure/rits/contacts.html

The Role of the Payments System Board

16 Jun 1999 Speech
John Laker
Speech by John Laker to AIC Conference on ‘Australian Payments System Evolution’, Sydney
https://www.rba.gov.au/speeches/1999/sp-ag-160699.html