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.
Search Results
Opening Remarks at the CLS FX Industry Reception
30 Jan 2017
Speech
Speech delivered by Guy Debelle, Deputy Governor, to the the CLS FX Industry Reception, Sydney
https://www.rba.gov.au/speeches/2017/sp-dg-2017-01-30.html
All Speeches
4 Mar 2024
Speeches by senior staff of the Reserve Bank
https://www.rba.gov.au/speeches/list.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
Domestic Market Dealing Arrangements
5 Sep 2002
Media Releases
RBA announces Continuous Linked Settlement (CLS) system for the settlement of foreign exchange transactions will commence on Monday 9 September 2002
https://www.rba.gov.au/media-releases/2002/mr-02-17.html
The Reserve Bank of Australia – Post Wallis
28 Oct 1999
Speech
Keynote lecture by John Laker to the Monash University Law School Foundation, Melbourne
https://www.rba.gov.au/speeches/1999/sp-ag-281099.html
The Role of the Payments System Board
16 Jun 1999
Speech
Speech by John Laker to AIC Conference on ‘Australian Payments System Evolution’, Sydney
https://www.rba.gov.au/speeches/1999/sp-ag-160699.html
Domestic Market Dealing Arrangements
17 Dec 2002
Media Releases
Announcement of post consultation changes to arrangements 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-02-23.html
Speeches – 2017
31 Dec 2017
Speeches by senior staff of the Reserve Bank
https://www.rba.gov.au/speeches/2017/
Reducing Foreign Exchange Settlement Risk in Australia – A Progress Report
7 Sep 1999
Media Releases
Release of a report entitled ‘Reducing Foreign Exchange Settlement Risk in Australia – a Progress Report’ based on a survey of foreign exchange dealers conducted during October 1998
https://www.rba.gov.au/media-releases/1999/mr-99-08.html
RESERVE BANK OF AUSTRALIA FOREIGN EXCHANGE SETTLEMENTPRACTICES IN AUSTRALIA ...
18 Dec 1997
Media Release
PDF
268KB
Overall, though, Australian practice does not appear to vary significantlyfrom that reported for the G10 banks in 1995. ... This isconsistent with the broad findings of the CPSS for the G10 banks in 1995.
https://www.rba.gov.au/media-releases/1997/pdf/fxsp.pdf