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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List of tables | 2017 Assessment of the Reserve Bank Information and Transfer System
9 Mar 2023
c). 3.2. 58.3. 51.3. RITS cash transfers. 0.2. 12.5. 12.5. CLS. ... Sources: ASX; CLS; RBA. Table A.2: RITS Participation. (a). Number of ESAs As at end March 2017.
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2017/tables.html
List of tables | 2015 Assessment of the Reserve Bank Information and Transfer System
9 Mar 2023
13.2. 13.2. CLS. 58.6. 260.6. 2.5. Retail payments. 37,394.4. 62.5. 3.7. ... Sources: ASX; CLS; RBA. Table 4: RITS Participation. (a). Number of ESAs.
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2015/tables.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
Submissions on Consultation on ISO 20022 Migration for the Australian Payments System – Responses and Options Paper
9 Mar 2023
Payments System Board Submissions on Consultation on ISO 20022 Migration for the Australian Payments System – Responses and Options Paper
https://www.rba.gov.au/payments-and-infrastructure/submissions/iso-20022-migration-for-the-australian-payment-system/index.html
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
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2013/background.html
Appendix A: Background Information | 2018 Assessment of the Reserve Bank Information and Transfer System
9 Mar 2023
RITS is used to settle time-critical wholesale payments for other financial market infrastructures (FMIs): Australian dollar pay-ins to or pay-outs from CLS Bank International (CLS); margin payments to ... Other FMIs with ESAs (i.e. CLS, the ASX CCPs and
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2018/appendix-a.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
Appendix A: Background Information | 2021 Assessment of the Reserve Bank Information and Transfer System
9 Mar 2023
RITS is used to settle time-critical wholesale payments for other financial market infrastructures (FMIs): Australian dollar pay-ins to, or pay-outs from, CLS Bank International (CLS); margin payments to ... Other FMIs with ESAs (i.e. CLS, the ASX CCPs
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2021/appendix-a.html
Appendix A: Background Information | 2022 Assessment of the Reserve Bank Information and Transfer System
9 Mar 2023
International (CLS); margin payments to central counterparties (CCPs); and debt and equity settlement obligations arising in securities settlement systems. ... Other FMIs with ESAs (i.e. CLS, the ASX CCPs, and LCH Clearnet Limited (LCH)) use these feeder
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2022/appendix-a.html
Appendix A: Background Information | 2014 Assessment of the Reserve Bank Information and Transfer System
9 Mar 2023
Other FMIs with ESAs (i.e. CLS, the ASX CCPs and LCH.C Ltd) can use these linked systems to submit obligations arising from the system they operate for settlement in
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2014/appendix-a.html