Search: CLS Bank
RBA Glossary definition for CLS Bank
CLS Bank – CLS Bank is a multi-currency bank, regulated by the Federal Reserve Bank of New York, which uses central bank funds to simultaneously settle cross-currency transactions in real time through a process known as Continuous Linked Settlement (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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Annual Performance Statement
21 Oct 2021
RBA Annual Report
– 2021
capital. Another way the Bank assessed the financial health of banks during the year was through stress tests. ... The Bank's ‘top-down’ stress test model uses balance sheet data for selected banks (supplemented with other data such as the Bank's
https://www.rba.gov.au/publications/annual-reports/rba/2021/annual-performance-statement.html
About the Payments System Board
21 Oct 2021
PSB Annual Report
- 2021
PDF
471KB
https://www.rba.gov.au/publications/annual-reports/psb/2021/pdf/about-the-payments-system-board.pdf
Reserve Bank of Australia Annual Report 2021 - International Financial Cooperation
18 Oct 2021
RBA Annual Report
2021
PDF
779KB
https://www.rba.gov.au/publications/annual-reports/rba/2021/pdf/international-financial-cooperation.pdf
Oversight, Supervision and Regulation of Financial Market Infrastructures
15 Oct 2020
PSB Annual Report
– 2020
CLS Bank International (CLS) is currently the only international SIPS overseen by the Bank. ... The Federal Reserve has established a cooperative oversight arrangement for CLS, in which the Bank participates.
https://www.rba.gov.au/publications/annual-reports/psb/2020/oversight-supervision-and-regulation-of-financial-market-infrastructures.html
Trends in Payments, Clearing and Settlement Systems
15 Oct 2020
PSB Annual Report
– 2020
Available at <The Bank collects data from banks and other financial institutions to monitor trends in the reliability of retail payments. ... Foreign exchange transactions involving the AUD are generally settled through CLS Bank International (CLS), with
https://www.rba.gov.au/publications/annual-reports/psb/2020/trends-in-payments-clearing-and-settlement-systems.html
Abbreviations
15 Oct 2020
PSB Annual Report
– 2020
CAC Act. Commonwealth Authorities and Companies Act 1997. CBDC. Central bank digital currency. ... Card-not-present. CLS. CLS Bank International. CPMI. Committee on Payments and Market Infrastructures.
https://www.rba.gov.au/publications/annual-reports/psb/2020/abbreviations.html
Accountability and Communication
15 Oct 2020
PSB Annual Report
– 2020
The Bank is also a member of the Executives' Meeting of East Asia-Pacific Central Banks (EMEAP) Working Group on Payments and Market Infrastructures (WGPMI). ... services. The Bank also participates in several multilateral and bilateral arrangements to
https://www.rba.gov.au/publications/annual-reports/psb/2020/accountability-and-communication.html
Payments System Board Annual Report 2020 - Abbreviations
14 Oct 2020
PSB Annual Report
2020
PDF
623KB
https://www.rba.gov.au/publications/annual-reports/psb/2020/pdf/abbreviations.pdf
Payments System Board Annual Report 2020
14 Oct 2020
PSB Annual Report
2020
PDF
7381KB
https://www.rba.gov.au/publications/annual-reports/psb/2020/pdf/2020-psb-annual-report.pdf
Payments System Board Annual Report 2020 - Trends in Payments, Clearing and Settlement Systems
14 Oct 2020
PSB Annual Report
2020
PDF
2471KB
https://www.rba.gov.au/publications/annual-reports/psb/2020/pdf/trends-in-payments-clearing-and-settlement-systems.pdf