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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A Strategic Plan for the Payments System
6 Jun 2023
Submissions
PDF
539KB
Although customer takeup of PayIDs. has been rising, the Bank would like to see individual banks do more to promote greater use of them,. ... 2 The Bank also identifies CLS Bank International as a systemically important international payment system.
https://www.rba.gov.au/publications/submissions/payments-system/pdf/consultation-on-a-strategic-plan-for-the-payments-system.pdf
Submission to the Financial System Inquiry March 2014
10 Nov 2017
Submissions
PDF
3041KB
Financial System Inquiry
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-2014-03/pdf/financial-system-inquiry-2014-03.pdf
Abbreviations | Submission to the Financial System Inquiry – March 2014 | Financial Sector | Submissions
1 Mar 2014
Submissions
BLE. Bluetooth Low Energy. BoE. Bank of England. CBA. Commonwealth Bank of Australia. ... CGS. Commonwealth Government Securities. CLF. Committed Liquidity Facility. CLS. CLS Bank International.
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-2014-03/abbreviations.html
Developments and Innovation in the Payments System | Submission to the Financial System Inquiry – March 2014 | Financial Sector |…
1 Mar 2014
Submissions
Inclusion of the Australian dollar in CLS Bank International (CLS) has addressed the bulk of foreign exchange settlement risk. ... 8.2.2.2 CLS Bank International (CLS). CLS is an international payment system for settling foreign exchange trades in 17
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-2014-03/developments-and-innovation.html
List of tables | Submission to the Financial System Inquiry March 2014 | Financial Sector | Submissions
1 Mar 2014
Submissions
6th largest: 1 per cent. (a) Data are on a resident, domestic books basis and include Australian-owned banks, foreign-owned bank subsidiaries, and foreign-owned bank branches. ... CLS. Settlement of foreign exchange transactions. $253 billion (AUD
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-2014-03/tables.html
Commonwealth of Australia: In the Australian Competition Tribunal – April 2004 | Payments System | Submissions
8 May 2024
Submissions
The Reserve Bank has the following powers in relation to a designated payment system:. ... The table below provides information on selected bank accounts at the five largest retail banks; over 84 per cent of transaction accounts are held with these banks.
https://www.rba.gov.au/publications/submissions/payments-system/au-competition-tribunal/index.html
Submissions
8 May 2024
Submissions
Index of Documents commissioned by or prepared for Parliament, its committees, and other public inquiries
https://www.rba.gov.au/publications/submissions/
Applications for Authorisation in Relation to PIN@POS – July 2016 | Payments System | Submissions
8 May 2024
Submissions
The Bank anticipates making a further submission to the ACCC in relation to the substantive application for authorisation. ... the Reserve Bank of Australia, and recent trends in payment card use and fraud losses.
https://www.rba.gov.au/publications/submissions/payments-system/applications-for-authorisation-re-pin@pos-2013-07/index.html
Payments System | Submissions | Payments System | Submissions
8 May 2024
Submissions
Index of Documents commissioned by or prepared for Parliament, its committees, and other public inquiries
https://www.rba.gov.au/publications/submissions/payments-system/
Proposed merger between Armaguard and Prosegur – October 2022 | Responses and Options Paper
8 May 2024
Submissions
the BDA Participant banks to meet their respective obligations to the Reserve Bank. ... As stated above, the BDA Participant banks are required (under the BDAs) to have their CIT company/ies approved by the Reserve Bank.
https://www.rba.gov.au/publications/submissions/payments-system/proposed-merger-armaguard-and-prosegur-submission-october-2022/index.html