CLS sets go-live date for Hungarian forint
It will be the 18th currency settled via the clearing house
CLS and the Central Bank of Hungary (MNB) have set November 16 as the go-live date for the forint's inclusion in the universe of currencies settled through the risk mitigation utility.
Prior to the launch, more tests will be carried out. In addition to the account management service provided to non-resident banks, access to the CLS system by resident banks will need to be developed.
"Generally, we can say the project of including the forint continues its progress according to plan. The diligence
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