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
Supplementary Submission to the Senate Select Committee on Financial Technology and Regulatory Technology
9 Feb 2021
Submissions
PDF
565KB
The Bank’s current assessment – like that of many other central banks – is that the public policy case for issuing a CBDC for general use in Australia has not been established. ... The Bank is participating in these discussions on behalf of other
https://www.rba.gov.au/publications/submissions/payments-system/pdf/supplementary-submission-technology-12-2020.pdf
International Comparisons of Bank Margins: Appendix 1 - August 1994
6 Feb 2014
Submissions
PDF
196KB
Submission to the House of Representatives Standing Committee on Banking, Finance and Public Administration
https://www.rba.gov.au/publications/submissions/financial-sector/international-comparisons-of-bank-margins/pdf/international-comparisons-of-bank-margins-appendix-1.pdf
Proposed Merger Between ASX and SFE - 13 April 2006
7 May 2008
Submissions
PDF
32KB
Submission to the ACCC regarding proposed merger between ASX and SFE
https://www.rba.gov.au/publications/submissions/payments-system/pdf/proposed-asx-sfe-merger.pdf
Submission to the Inquiry into the Digital Assets (Market Regulation) Bill 2023
1 Jun 2023
Submissions
PDF
248KB
in Australia. Central banks in a small number of developing economies have issued CBDCs. ... data from commercial banks and other participants in the payments system as part of its retail.
https://www.rba.gov.au/publications/submissions/payments-system/pdf/digital-assets-bill-senate-economics-legislation-committee-may-2023.pdf
65 Martin Place Sydney NSW 2000 GPO Box 3947 ...
23 Apr 2020
Submissions
PDF
580KB
The Reserve Bank of Australia (the Bank) welcomes the opportunity to make this submission. ... The Bank supports the inclusion of third-party payment initiation capability in Open Banking.
https://www.rba.gov.au/publications/submissions/payments-system/pdf/future-directions-for-the-consumer-data-right.pdf
Reforms to the Payment Systems (Regulation) Act 1998
1 Dec 2023
Submissions
PDF
446KB
Submission to Consultation on Exposure Draft Legislation
https://www.rba.gov.au/publications/submissions/payments-system/pdf/reforms-to-the-payment-systems-regulation-nov-2023.pdf
Proposed Merger Between Armaguard and Prosegur
17 Apr 2023
Submissions
PDF
228KB
2 See Reserve Bank of Australia (2022), ‘Proposed Merger between Armaguard and Prosegur’, October. ... agree with this view, the Reserve Bank repeats the comments in its Previous Submission.
https://www.rba.gov.au/publications/submissions/payments-system/pdf/proposed-merger-armaguard-and-prosegur-submission-april-2023.pdf
International Comparisons of Bank Margins: Appendix 2 - August 1994
6 Feb 2014
Submissions
PDF
297KB
Submission to the House of Representatives Standing Committee on Banking, Finance and Public Administration
https://www.rba.gov.au/publications/submissions/financial-sector/international-comparisons-of-bank-margins/pdf/international-comparisons-of-bank-margins-appendix-2.pdf
Reforms to the Payment Systems (Regulation) Act 1998
20 Dec 2023
Submissions
PDF
306KB
both ‘specific’ and ‘general directions’ following consultation, would give the Bank the necessary. ... differences of opinion between the Government and the Bank on payments system policy.
https://www.rba.gov.au/publications/submissions/payments-system/pdf/treasury-consultation-on-reforms-to-the-psra-submission-07-07-2023.pdf
Submission to the Inquiry into Digital Currency
1 Dec 2014
Submissions
PDF
652KB
https://www.rba.gov.au/publications/submissions/payments-system/pdf/inquiry-digital-currency-2014-11.pdf