Search: CLS

Sort by: Relevance Date
2130 of 643 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

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

Ongoing Regulatory Responsibilities

13 Sep 2007 PSB Annual Report – 2007
payment-versus-payment (PvP) settlement (where both currencies are settled simultaneously) prior to the establishment of CLS Bank. ... funds in one currency and receiving funds in another, as occurs with traditional CLS settlements.

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,

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.

How Will Ageing Affect the Structure of Financial Markets? | Conference – 2006

23 Jul 2006 Conferences
E Philip Davis
Australia. CL. 0. 1. 4. Austria. G. 1. 0. 2. Belgium. ... United States. CL. 0. 1. 5. (a) F: French; G: German; SC: Scandinavian; CL: Common Law.

Speeches – 2017

31 Dec 2017
Speeches by senior staff of the Reserve Bank

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.

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


10 Mar 2023 RDP 2023-01
Foote CL, L Loewenstein and PS Willen (2016), ‘Cross-Sectional Patterns of Mortgage Debt during the Housing Boom: Evidence and Implications’, NBER Working Paper No 22985.

General Background | 2013 Self-assessment of the Reserve Bank Information and Transfer System

9 Mar 2023
The SWIFT PDS is used primarily to submit customer and bank-to-bank payments to RITS, including the Australian dollar leg of foreign exchange transactions that settle in CLS Bank International ... CLS). Austraclear transactions generally represent the