Regulatory Alerts2025-10-15
NZCDC-Section 39-3-Notice of Approval of Rule Change-17 November 2025
The Financial Markets Authority and the Reserve Bank of New Zealand approved rule changes to the NZCDC settlement system rules under the Financial Market Infrastructures Act 2021. The amendments impose new business continuity and disaster recovery requirements on clearing participants, including mandatory board oversight, annual reviews, and specific notification protocols for operational events. These changes, applied to the New Zealand Clearing Limited Clearing and Settlement Rules, take effect on 17 November 2025.
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