Insights

Update on Covid-19 and CLS operations

Article
Article
2 min read
Date
16 March 2020
Publication
CLS

We at CLS have a responsibility to our employees, the global financial markets we serve and the communities in which we work and live. This responsibility continues to form the foundation of our response to the ongoing Covid-19 pandemic and ensures we fulfil our purpose of strengthening resilience and efficiency in the FX ecosystem.

Commensurate with our role as a systemically important financial market infrastructure, we have robust business continuity and resilience measures in place to safeguard the wellbeing of our people and ensure continued operation of all CLS services. The measures include a well-established remote working program across our global locations, business travel restrictions, and enhanced health and safety procedures to protect the wellbeing of those employees who choose to work onsite.

We continue to closely monitor the situation to ensure that our approach is consistent and compliant with the guidance across our regions, with the flexibility to adjust our response as events evolve.

I want to reassure you that we take our trusted position at the center of the FX market seriously and we remain dedicated – as always – to ensuring our critical services run resiliently and reliably, reducing systemic risk and improving efficiency during these challenging times for our clients and the broader FX market.

Marc Bayle de Jessé
CEO

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