Regulatory Alerts2024-11-28
FMA and RBNZ Approval of NZCDC Settlement System Rule Changes
The Financial Markets Authority and the Reserve Bank of New Zealand approved rule changes to the NZCDC settlement system rules following an application by New Zealand Clearing Limited. The amendments update position reporting, valuation and haircut disclosures, and set-off procedures to enhance operational transparency and regulatory alignment. These changes take effect at 09:00 on 17 January 2025.
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