Reserve Bank of New Zealand and NZX in talks on clearing JV

The Reserve Bank of New Zealand and NZX today announced they are engaged in discussions on a potential joint venture to provide Clearing and Settlement services in New Zealand.

  0 Be the first to comment

External

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.

The Reserve Bank of New Zealand and NZX today announced they are engaged in discussions on a potential joint venture to provide Clearing and Settlement services in New Zealand.

As a first step the Bank and NZX will undertake a review to determine the feasibility of jointly providing the clearing and settlement functions of the two organisations.

The Reserve Bank and NZX will update the market when further information is available.

 

Sponsored [New Report] The Future of Payments in Major Global Markets: A Mid-Decade Review[New Report] The Future of Payments in Major Global Markets: A Mid-Decade Review

Comments: (0)

Entering the Originate-To-Distribute era: Exploring commercial lending and portfolio diversificationFinextra Promoted[On-Demand Webinar] Entering the Originate-To-Distribute era: Exploring commercial lending and portfolio diversification