CLS | Regulatory affairs | CLS Group

Regulatory oversight and public policy

As the trusted party at the center of the global FX ecosystem, we proactively partner with regulators, governmental bodies, industry groups and market participants to monitor, assess and respond to policy and regulatory developments which have an impact on our mission to mitigate systemic risk.

Our dedicated team of regulatory affairs professionals:

Co-ordinates CLS’s responses to relevant regulatory developments
Manages and maintains CLS’s relationship with the CLS Oversight Committee and other regulatory authorities
Actively supports and periodically validates CLS’s compliance with applicable regulatory principles (PFMI).

Regulatory responses

CLS's responses to regulators and governmental bodies on industry issues.

Oversight Committee

A co-operative oversight arrangement established by the central banks whose currencies are settled in the CLS system, or…

CLS publishes its Principles for Financial Market Infrastructures (PFMI) Disclosure Framework.

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Currencies

Locations

Settlement members

We simultaneously settle the matched payment instructions for currency trades in the 18 CLS-eligible currencies between counterparties across the globe.

In order to support our clients effectively, we have offices in some of the world’s largest financial centers across Europe, the Americas and Asia.

Settlement members

Our clients include over 70 of the world's most important financial institutions and 25,000 third parties that use our services every day.