Asian Clearing Union

E187577

The Asian Clearing Union is a regional intergovernmental organization that facilitates multilateral payment settlements and promotes monetary cooperation among central banks in Asia.

All labels observed (2)

Label Occurrences
Asian Clearing Union canonical 13
Asian Clearing Union Secretariat 1

How this entity was disambiguated

Statements (45)

Predicate Object
instanceOf clearing union ⓘ
regional intergovernmental organization ⓘ
abbreviation ACU ⓘ
affiliation United Nations Economic and Social Commission for Asia and the Pacific ⓘ
aim to economize on the use of foreign exchange reserves of member countries ⓘ
to encourage the use of participants’ currencies in regional trade ⓘ
cooperatesWith central banks in Asia ⓘ
currencyUsedForSettlement Asian Monetary Unit ⓘ
establishedByTreaty Agreement establishing the Asian Clearing Union ⓘ
focus regional payment systems ⓘ
trade settlement among member countries ⓘ
foundedBy United Nations Economic and Social Commission for Asia and the Pacific ⓘ
foundingDate 1974 ⓘ
foundingLocation Tehran ⓘ
geographicScope Asia-Pacific region ⓘ
linked to: Asia-Pacific
governingBody Board of Directors ⓘ
hasAcronym ACU ⓘ
hasMembershipType central banks and monetary authorities ⓘ
hasOrgan Board of Directors ⓘ
Secretariat ⓘ
headquartersCountry Iran ⓘ
headquartersLocation Tehran ⓘ
legalStatus intergovernmental organization ⓘ
member Bangladesh ⓘ
Bhutan ⓘ
India ⓘ
Iran ⓘ
Maldives ⓘ
Myanmar ⓘ
Nepal ⓘ
Pakistan ⓘ
Sri Lanka ⓘ
United Arab Emirates ⓘ
officialLanguage English ⓘ
purpose facilitation of multilateral payment settlements among member countries ⓘ
promotion of monetary cooperation among central banks in Asia ⓘ
reduction of use of extra‑regional currencies in intra‑regional trade settlements ⓘ
regionServed Asia ⓘ
sector international finance ⓘ
payments and settlements ⓘ
settlementMechanism multilateral netting of eligible transactions ⓘ
supervisedBy member central banks ⓘ
typeOfOrganization central bank cooperation mechanism ⓘ
website https://www.asianclearingunion.org ⓘ
workingLanguage English ⓘ

How these facts were elicited

Referenced by (14)

Full triples — surface form annotated when it differs from this entity's canonical label.

Central Bank of Iran → memberOf → Asian Clearing Union ⓘ
Royal Monetary Authority of Bhutan → memberOf → Asian Clearing Union ⓘ
Bangladesh Bank → memberOf → Asian Clearing Union ⓘ
National Bank of Cambodia → memberOf → Asian Clearing Union ⓘ
Asian Clearing Union → fullName → Asian Clearing Union ⓘ
subject linked to: ACU
Secretariat of the Asian Clearing Union → partOf → Asian Clearing Union ⓘ
subject linked to: Secretariat
Secretariat of the Asian Clearing Union → jurisdiction → Asian Clearing Union ⓘ
subject linked to: Secretariat
Asian Monetary Unit → usedBy → Asian Clearing Union ⓘ
Asian Monetary Unit → isManagedBy → Asian Clearing Union Secretariat ⓘ
linked to: Asian Clearing Union
Board of Directors of the Asian Clearing Union → partOf → Asian Clearing Union ⓘ
subject linked to: Board of Directors
Board of Directors of the Asian Clearing Union → appliesTo → Asian Clearing Union ⓘ
subject linked to: Board of Directors
Board of Directors of the Asian Clearing Union → governs → Asian Clearing Union ⓘ
subject linked to: Board of Directors
Board of Directors of the Asian Clearing Union → oversees → Asian Clearing Union ⓘ
subject linked to: Board of Directors
Central Bank of Sri Lanka → memberOf → Asian Clearing Union ⓘ