Regulatory Alerts2023-07-31
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ASX Clear Futures Submission on Reserve Bank of New Zealand FMI Standards Consultation
ASX Clear (Futures) submitted comments to the Reserve Bank of New Zealand regarding its proposed Financial Market Infrastructure Standards and overseas equivalence framework. The submission supports the regulatory proposals but urges delaying the implementation date from August 2023 to the fourth quarter of 2023 to allow sufficient time for regulatory finalization. It also highlights a discrepancy between the reporting standard and guidance notes regarding incident reporting via home country regulators.
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