Regulatory Alerts2025-07-03
Reserve Bank of New Zealand Notice of Approval of ESAS Rule Change under Section 39(3)
The Reserve Bank of New Zealand issued a Section 39(3) Notice approving rule changes to the Exchange Settlement Account System (ESAS) pursuant to the Financial Market Infrastructures Act 2021. The amendments update the definition of Public Holiday, remove obsolete references in Clause 10.5(b), align Schedule E with Schedule D, and standardize terminology in the Submission Settlement Mechanism Notice. These changes take effect at 09:00 on 30 June 2025.
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