RegAlert

Rule · RBNZ · 20 Mar 2025

NZCDC Section 39(3) Notice of Approval of Rule Change - 22 April 2025

securities

The Financial Markets Authority and the Reserve Bank of New Zealand approved a rule change to the NZCDC settlement system rules pursuant to an application by New Zealand Clearing Limited. The amendment removes Fonterra Shareholders’ Market Listed Securities from the list of Approved Products because no such securities remain. This rule change takes effect at 09:00 on 22 April 2025.

New ZealandReserve Bank of New Zealand

IN CONFIDENCE
IN CONFIDENCE
Financial Market Infrastructures Act 2021
Section 39(3) Notice of Approval of Rule Change
NZCDC Settlement System (NZCDC)
The Financial Markets Authority and the Reserve Bank of New Zealand (together the regulator), under section 39(3) of the Financial Market Infrastructures Act 2021 (Act) approves the rule change to the NZCDC settlement system rules, pursuant to the application by New Zealand Clearing Limited under section 39(1) of the Act dated 24 January 2025. The rule changes are set out in the New Zealand Clearing Limited Clearing and Settlement (C&S) Procedure 6.2, forming part of the NZCDC Settlement System rules pursuant to paragraph 7(a) of the Financial Market Infrastructures Act Designation Notice (NZCDC) 2024 and is described as follows:
Procedure 6.2 regarding the removal of “Fonterra Shareholders’ market Listed Securities” from the list of Approved Products as there are no longer any Fonterra Shareholders’ Market Listed Securities. The rule change takes effect from 09:00 on 22 April 2025. __________________________________ __________________________________ 18 March 2025 18 March 2025 Scott McKinnon John Horner Director of Specialist Supervision Director Markets, Investors & Reporting Reserve Bank of New Zealand Financial Markets Authority

Note from RegAlert. AI assistants can read this document in full, and search 70,000+ more, through the RegAlert MCP connector (https://mcp.regalert.today/mcp). Free with an account. How to connect ChatGPT, Claude or Cursor.

Lineage: No known changes

RegAlert holds no document that amends or replaces this one. This is not a check that it is in force: confirm with the regulator.

Financial Market InfrastructuresAct 20212021 · NZ-LAWFinancial Market Infrastructures Act 2021 (2021-05-10)Financial Market InfrastructuresAct Designation Notice (NZCDC) 20…Not in RegAlertFinancial Market Infrastructures Act Designation Notice (NZCDC) 2024 — Not in RegAlertNZCDC Section 39(3) Notice ofApproval of Rule Change - 22 …2025-03-20 · this documentNZCDC Section 39(3) Notice of Approval of Rule Change - 22 April 2025 (2025-03-20)
amendssupersedesissued underrefers todashed card: not in RegAlert (or proposed)arrows run from the older text to the one that changes it
The links and the sentences they come from (2)
Issued under
  • Financial Market Infrastructures Act 20212021 · NZ-LAW

    “under section 39(3) of the Financial Market Infrastructures Act 2021 (Act) approves the rule change”

  • Financial Market Infrastructures Act Designation Notice (NZCDC) 2024Not in RegAlert

    “pursuant to paragraph 7(a) of the Financial Market Infrastructures Act Designation Notice (NZCDC) 2024”

More like this from RBNZ

We email you every new RBNZ publication the day it's published.

Source: Reserve Bank of New Zealand — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works

In RegAlert: added · updated