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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Appendix A: Background Information | 2020 Assessment of the Reserve Bank Information and Transfer System
9 Mar 2023
A.1 Activity and Participation. RITS is used to settle time-critical wholesale payments for other FMIs: Australian dollar pay-ins to or pay-outs from CLS Bank International (CLS); margin ... Other FMIs with ESAs (i.e. CLS, the ASX CCPs and LCH.Clearnet
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2020/appendix-a.html
Abbreviations | 2015 Assessment of the Reserve Bank Information and Transfer System
9 Mar 2023
CLS. CLS Bank International. CPMI. Committee on Payment and Market Infrastructures (formerly CPSS).
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2015/abbreviations.html
Abbreviations | 2013 Self-assessment of the Reserve Bank Information and Transfer System
9 Mar 2023
CHESS. Clearing House Electronic Sub-register System. CLS. CLS Bank International. COIN.
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2013/abbreviations.html
Abbreviations | 2014 Assessment of the Reserve Bank Information and Transfer System
9 Mar 2023
CLS. CLS Bank International. CPMI. Committee on Payment and Market Infrastructures (formerly CPSS).
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2014/abbreviations.html
Abbreviations | 2017 Assessment of the Reserve Bank Information and Transfer System
9 Mar 2023
CHESS. Clearing House Electronic Sub-register System. CLS. CLS Bank International. CPMI.
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2017/abbreviations.html
Abbreviations | 2018 Assessment of the Reserve Bank Information and Transfer System
9 Mar 2023
CCP. Central counterparty. CHESS. Clearing House Electronic Sub-register System. CLS. CLS Bank International.
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2018/abbreviations.html
Abbreviations | 2019 Assessment of the Reserve Bank Information and Transfer System
9 Mar 2023
CHESS. Clearing House Electronic Sub-register System. CLS. CLS Bank International. CPMI.
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2019/abbreviations.html
Abbreviations | 2020 Assessment of the Reserve Bank Information and Transfer System
9 Mar 2023
CCP. Central counterparty. CHESS. Clearing House Electronic Sub-register System. CLS. CLS Bank International.
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2020/abbreviations.html
Appendix A: Background Information | 2015 Assessment of the Reserve Bank Information and Transfer System
9 Mar 2023
Other FMIs with ESAs (i.e. CLS, the ASX CCPs and LCH.Clearnet Ltd) use these feeder systems to settle Australian dollar obligations arising from the systems they operate.
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2015/appendix-a.html
Appendix A: Background Information | 2017 Assessment of the Reserve Bank Information and Transfer System
9 Mar 2023
RITS is also used to settle time-critical payments to other FMIs: Australian dollar pay-ins to CLS Bank International (CLS); margin payments to central counterparties (CCPs); and debt and equity ... Other FMIs with ESAs (i.e. CLS, the ASX CCPs and LCH)
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2017/appendix-a.html