Search results
Results from the WOW.Com Content Network
Financial market infrastructure refers to systems and entities involved in clearing, settlement, and the recording of payments, securities, derivatives, and other financial transactions. [1] Depending on context, financial market infrastructure may refer to the category in general, or to individual companies or entities (thus also used in ...
The authority was established on 1 May 2011 as part of the Financial Markets (Regulators and KiwiSaver) Bill which was passed by the New Zealand parliament on the 7 April 2011. [1] It was established in a wake of criticism over the failure of the previous regulatory regime to halt the failure of a large number of finance companies and to stem ...
The Financial Advisers Act 2008 gave the Securities Commission new responsibilities to register and set minimum standards for financial advisers. There was some concern that the commission did not have the resources to effectively carry out its responsibilities [ 3 ] and that this additional responsibility would make the situation worse.
A central securities depository (CSD) is a specialized financial market infrastructure organization holding securities like shares, either in certificated or uncertificated (dematerialized) form, allowing ownership to be easily transferred through a book entry rather than by a transfer of physical certificates.
The Financial Market Infrastructure Act (FMIA), original title Finanzmarktinfrastrukturgesetz (FinfraG) is a body of Swiss legislation for the regulation of financial market infrastructures and in particular derivatives. It was originally adopted by the Swiss Federal Assembly on June 19, 2015 and came into force on January 1, 2016.
Its wholly owned subsidiary, the New Zealand Clearing and Depository Corporation, is the operator of a designated settlement system under part 5 of the Reserve Bank of New Zealand Act 1989. NZX provides passive funds management products through the Smartshares family of exchange-traded funds (ETFs) and is a provider of superannuation, KiwiSaver ...
The Reserve Bank of New Zealand (RBNZ) (Māori: Te Pūtea Matua) is the central bank of New Zealand. It was established in 1934 [2] and is currently constituted under the Reserve Bank of New Zealand Act 2021. [3] The governor of the Reserve Bank, currently Adrian Orr, is responsible for New Zealand's currency and operating monetary policy.
Main page; Contents; Current events; Random article; About Wikipedia; Contact us