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Consultation opens for rollout of Financial Market Infrastructure Act

Tuesday 27th of July 2021

The Financial Market Infrastructure Act became law in May 2021 and governs Financial Market Infrastructures (FMIs) – a set of critical systems that allow electronic payments and financial market transactions to occur.

The Reserve Bank of New Zealand (RBNZ) and the Financial Markets Authority (FMA) are the regulators of FMIs under the Act, which will be implemented over an approxim...

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