New Zealand: New regulatory framework for financial market infrastructure
Progress
Current status
adopted
05 May 2021 adopted
Scope
Implementers
New Zealand
Policy Area
Other operating conditions
Policy Instrument
Other operating condition, nes
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
legislature
Government Body
parliament
Implementation Level
national
Timeline of events
Adoption of Financial Market Infrastructure Bill
The Financial Market Infrastructures Bill was adoped by both chambers of the New Zealand Parliament. It establishes a new regulatory framework for financial market entities including electronic payment providers. In the new framwork, the entities wi…
SourceEvent type
law
Action type
adoption
Government branch
legislature
Government body
parliament