CLS facing obstacles adding RMB to its platform

RMB volumes set for growth but settlement remains an issue

question mark

Few entities in financial markets can boast as strong a track record in risk mitigation as CLS, the bank-owned utility that has sat at the heart of the foreign exchange industry since 2002. With expansion in Asia-Pacific a key strategic objective for the coming years, CLS is now battling against both technical and political headwinds to bring new banks and currencies in the region into its orbit.

Unlike other over-the-counter asset classes where market risk and credit risk typically cause the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: