International financial reforms

We are completing work that may result in changes in New Zealand in response to various international financial market reforms.

In this section

Foreign margin requirements for OTC derivatives

On 7 March 2019 the Financial Markets (Derivatives Margin and Benchmarking) Reform Amendment Bill was first read in the House. The Bill amends aspects of New Zealand law which impede compliance with foreign margin requirements for over-the-counter derivatives.

Administrators of financial benchmarks

On 7 March 2019 the Financial Markets (Derivatives Margin and Benchmarking) Reform Amendment Bill was first read in the House. The Bill will introduce a licensing regime for administrators of financial benchmarks.