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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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Reforms to the Payment Systems (Regulation) Act 1998 Submission to Senate Economics Legislation Committee - February 2024

15 Apr 2024 Submissions PDF 266KB
The Reserve Bank of Australia (the RBA) welcomes the modernisation of the regulatory architecture. ... 1 Other relevant pieces of legislation are the: Reserve Bank Act 1959; Payment Systems and Netting Act 1998; and Part 7.3 of the Corporations Act 2001.
https://www.rba.gov.au/publications/submissions/payments-system/reforms-to-the-psra/pdf/reforms-to-the-payment-systems-regulation-feb-2024.pdf

Submission to the Inquiry into Family Business in Australia - October 2012

31 Oct 2012 Submissions PDF 784KB
Parliamentary Joint Committee on Corporations and Financial Services
https://www.rba.gov.au/publications/submissions/financial-sector/pdf/inquiry-family-business-2012.pdf

RBA submission to Defining payment functions consultation - July 2023

16 Jan 2024 Submissions PDF 445KB
Payments definitions The Bank welcomes the Government’s proposed list of payment functions. ... 1 In 1999 the Bank was one of the first central banks to liberalise access by allowing non-ADI providers of third-party.
https://www.rba.gov.au/publications/submissions/payments-system/pdf/submission-to-defining-payment-functions-consultation-july-2023.pdf

Submission to the ACCC: eBay and PayPal – 2 May 2008

18 Jul 2008 Submissions PDF 16KB
Submission to the ACCC: eBay and PayPal
https://www.rba.gov.au/publications/submissions/payments-system/ebay-and-paypal/pdf/ebay-and-paypal.pdf

Australian Banking Association – Application for Authorisation AA1000664

23 Apr 2024 Submissions PDF 113KB
2 Parliament of Australia (2023), ‘Committee Hansard – Senate Rural and Regional Affairs and Transport References Committee – Bank branch closures in regional Australia’, 1 December 2023. ... Reserve Bank of Australia23 April 2024. 3 Australian
https://www.rba.gov.au/publications/submissions/payments-system/accc-on-aba-cash-in-transit-application-04-2024/pdf/submission-to-accc-on-aba-cash-in-transit-application-april-2024.pdf

Proposed Merger Between Armaguard and Prosegur

9 May 2023 Submissions PDF 107KB
The Revised Undertaking addresses many of the issues identified by the Reserve Bank in the Previous Submissions. ... The Reserve Bank has no ability to do so. Reserve Bank of Australia8 May 2023.
https://www.rba.gov.au/publications/submissions/payments-system/pdf/proposed-merger-armaguard-and-prosegur-submission-may-2023.pdf

Australian Banking Association (cash-in-transit initiatives)

22 Jan 2024 Submissions PDF 102KB
Submission to the ACCC
https://www.rba.gov.au/publications/submissions/payments-system/pdf/submisssion-to-accc-on-aba-cash-in-transit-authorisation-jan-2024.pdf

Reserve Bank of Australia 1 Supplementary Information Provided at ...

28 Sep 2016 Submissions PDF 355KB
five banks; France, Germany, Italy, Netherlands, Spain and UK data are the share. ... Sources: APRA; Bank of Canada; Bank of Japan; Banks’ reports; CEIC Data; ECB;.
https://www.rba.gov.au/publications/submissions/financial-sector/handout-standing-committee-on-economics-2016-09-22/pdf/supplementary-information-standing-committee-on-economics-2016-09-28.pdf

Note on Bank Fees on Small Businesses

22 Sep 2003 Submissions PDF 379KB
Source: Reserve Bank estimates based on information provided by banks. Loan establishment fees apply to both overdrafts and term loans. ... are relying on data from banks ̓internal management systems in which defi nitions may vary from bank to bank.
https://www.rba.gov.au/publications/submissions/financial-sector/notes-on-bank-fees-on-small-businesses/pdf/notes-on-bank-fees-on-small-businesses.pdf

Submission to the Inquiry into the Reserve Bank Amendment (Australian Reconstruction and Development Board) Bill 2013

13 Feb 2014 Submissions PDF 188KB
Senate Economics Legislation Committee
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-rba-amendment-australian-reconstruction-development-board-bill-2013/pdf/inquiry-rba-amendment-australian-reconstruction-development-board-bill-2013.pdf