Regulatory Alerts2023-12-14
Financial Market Infrastructures Act Designation Notice (ASXCF) 2023
The Reserve Bank of New Zealand and Financial Markets Authority issued this notice to designate the ASXCF settlement system as a designated financial market infrastructure under the Financial Market Infrastructures Act 2021. The document identifies ASX Clear (Futures) as the operator and participant, classifies the system as a centrally important central counterparty, and specifies the governing rules. It further mandates the application of Subpart 5 of Part 3 of the Act and assigns the FMI to the overseas-equivalent class for regulatory standards purposes.
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