There are two designated settlement systems the FMA is jointly responsible for regulating with the RBNZ.
NZClear is the securities settlement system and central securities depository for a broad range of fixed interest securities and equities that are issued in New Zealand. It is owned and operated by the RBNZ.
Chief Financial Officer
Financial Services Group
Reserve Bank of New Zealand
PO Box 2498
Telephone (04) 472-2029
New Zealand Clearing and Depository Corporation Limited (NZCDC) clears and settles all transactions that are conducted on the markets of the New Zealand stock exchange, NZX Limited (NZX).
Chief Operating Officer and Head of Risk
New Zealand Clearing and Depository Corporation Limited
Level 2, NZX Centre
11 Cable Street
PO Box 2959
Telephone: +64 4 495 2465