Submission on draft FMI standards
12 Dec 2022
The Reserve Bank of New Zealand – Te Pūtea Matua sought feedback on 23 September 2022 on the exposure drafts of the standards for financial market infrastructures (FMIs) under the Financial Market Infrastructures Act 2021.
These standards are relevant to Payments NZ’s High Value Clearing System and its Settlement Before Interchange payments system, both of which are likely to be designated as systemically important FMIs under the law. As both of these systems are governed by Payments NZ, we put in a submission in response to this consultation.
You can now download our submission below.
Payments NZ submission on FMI Standards (158.7 KB)