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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The Foreign Exchange Market and Central Counterparties
10 Mar 2010
Bulletin
PDF
153KB
Reserve Bank of Australia Bulletin March 2010
https://www.rba.gov.au/publications/bulletin/2010/mar/pdf/bu-0310-8.pdf
Foreign Exchange Settlement Practices in Australia
22 Feb 2001
Bulletin
PDF
31KB
to be calledContinuous Linked Settlement (CLS) Bank.Final and irrevocable settlement of foreignexchange transactions would take place acrossthose accounts. ... The CLS Bank would be amember of the RTGS system of each of thecurrencies being settled,
https://www.rba.gov.au/publications/bulletin/1998/feb/pdf/bu-0298-2.pdf
The Role of the Payments System Board
22 Feb 2001
Bulletin
PDF
65KB
13. The most ambitious global initiative toreduce foreign exchange settlement risk is theContinuous Linked Settlement (CLS) Bank,which is being developed by a group of majorinternational banks. ... In the meantime, the Reserve Bank has beenworking
https://www.rba.gov.au/publications/bulletin/1999/jul/pdf/bu-0799-2.pdf
The Australian Financial System
18 Aug 2011
FSR
– March 2011
PDF
537KB
https://www.rba.gov.au/publications/fsr/2011/mar/pdf/aus-fin-sys.pdf
Real-time Gross Settlement in Australia
21 Sep 2010
Bulletin
PDF
257KB
Reserve Bank of Australia Bulletin September 2010
https://www.rba.gov.au/publications/bulletin/2010/sep/pdf/bu-0910-8.pdf
OTC Derivatives Reforms and the Australian Cross-currency Swap Market
19 Jun 2013
Bulletin
PDF
241KB
Reserve Bank of Australia Bulletin June 2013
https://www.rba.gov.au/publications/bulletin/2013/jun/pdf/bu-0613-7.pdf
The Evolution of Interbank Settlement in Australia
16 Mar 2022
Bulletin
- March 2022
PDF
1247KB
https://www.rba.gov.au/publications/bulletin/2022/mar/pdf/the-evolution-of-interbank-settlement-in-australia.pdf
Financial Stability Review - September 2011
22 Sep 2011
FSR
- September 2011
PDF
628KB
https://www.rba.gov.au/publications/fsr/2011/sep/pdf/aus-fin-sys.pdf
Financial Stability Review – March 2011
18 Aug 2011
FSR
– March 2011
PDF
1272KB
https://www.rba.gov.au/publications/fsr/2011/mar/pdf/0311.pdf
Bulletin March Quarter 2010
10 Mar 2010
Bulletin
PDF
906KB
The Australian Government Guarantee Scheme 19. Recent Trends in Australian Banks’ Bond Issuance 27. ... 9 This is also the practice for the trimmed-mean measures published by the Federal Reserve Banks of Cleveland and Dallas and the Bank of Japan.
https://www.rba.gov.au/publications/bulletin/2010/mar/pdf/bu-0310.pdf