Regulatory Alerts2022-05-17
Payment, Clearing and Settlement Systems in New Zealand
The Reserve Bank of New Zealand issued this July 2012 report to detail the country's legal, regulatory, and institutional framework for payment and securities settlement systems. The document outlines the oversight roles of the central bank and the Financial Markets Authority, while describing key infrastructure such as the Exchange Settlement Account System and NZClear. It further catalogs major payment instruments, interbank settlement mechanisms, and securities trading activities within New Zealand's financial market.
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