Central Banking

RBNZ to chair Pacific infrastructure working group

New Zealand central bank given role after drafting law on FMI regulation

Reserve Bank of Australia

The East Asia-Pacific Central Banks forum has chosen the Reserve Bank of New Zealand to chair a working group on improving the region’s financial markets infrastructure.

RBNZ deputy governor Geoff Bascand said it was chosen to lead the Executives’ Meeting of East Asia-Pacific Central Banks (Emeap) group because of its recent work on designing a new FMI regulatory regime. “Our work on establishing a new and enhanced regulatory regime for FMIs operating in New Zealand is well advanced now,” he

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