Login Language Contact About us Products Communities News & Insights People Corporate governance The CLS Group of companies is an industry-owned consortium that exists to deliver settlement, processing, and data solutions to global financial markets. Home About us Corporate governance We are committed to high standards of corporate governance throughout the CLS Group. We have a robust governance structure which, in meeting applicable financial and legal requirements, provides what we consider to be an appropriate level of governance flexibility with high standards of business transparency, accountability and independence. CLS Group Holdings AG CLS Group Holdings AG is the parent company of the CLS group of companies. It is incorporated in Switzerland and is regulated by the US Federal Reserve as if it were a bank holding company. It is owned by CLS shareholders and has the following operating subsidiaries, which are listed below. CLS UK Intermediate Holdings Ltd. CLS UK Intermediate Holdings Ltd., is organized under the laws of England and Wales and is located in London, with a representative office in Tokyo and a branch office in Hong Kong. The company acts as the intermediate holding company for CLS group and provides corporate services to the CLS group of companies. It has five wholly owned subsidiaries: CLS Services Ltd., CLS Bank International; CLS US Services Inc.; CLS Processing Solutions Ltd.; and CLS Assets UK Ltd. CLS Bank International CLS Bank International (CLS Bank) is an Edge Act corporation, which is a limited purpose institution regulated by the US Federal Reserve. CLS Bank is located in New York and provides the CLSSettlement service and, to do so, maintains a central bank account for each of the 18 eligible currencies. The Federal Reserve acts as the lead overseer of CLS Bank in a cooperative oversight arrangement with the central banks whose currencies are settled by CLS Bank. CLS Services Ltd. CLS Services Ltd., is a company organized under the laws of England and Wales and is located in London. CLS Services provides services or performs certain activities for other entities within CLS Group in accordance with certain inter-affiliate agreements. CLS US Services CLS US Services Inc., is incorporated under the laws of the State of Delaware and is located in New York. CLS US Services provides services or performs certain activities for other entities within CLS group in accordance with certain inter-affiliate agreements. CLS Processing Solutions Ltd. CLS Processing Solutions Ltd., is organized under the laws of England and Wales and is located in London. CLS Processing: (a) delivers data reporting products (i.e. CLSTradeMonitor, CLSMarketData, and CLSReporting) to participants under various agreements; and (b) operates CLSNet. CLS Assets UK Ltd. CLS Assets UK Ltd., is organized under the laws of England and Wales and located in London. CLS Assets has oversight of the management, licensing and securing of intellectual property related to the non-CLSSettlement products and services of CLS Group. About us Executive management committee Board of directors Shareholders Corporate governance Regulation Our history Financial reports Modern Slavery Act Statement ABOUT Shareholders Board of directors Executive management committee Corporate governance Regulatory affairs Financial reports Our history Modern Slavery Act Statement PRODUCTS Settlement Processing Data COMMUNITIES Settlement community Vendor community Regulators NEWS & INSIGHTS News Data insights Insights Events Publications FX Trade Volume reports CAREERS People Sitemap Terms Cookies Accessibility Privacy Awards © Copyright CLS 2021 By using this site you agree to these cookies being set. To find out more see our cookies policy