MoU recognises New Zealand's CCPs as able to provide clearing to EU clearing members, trading venues.
Board will be chaired by Catherine Walter, director of RBA's payments systems body.
ASIC and APRA separately announce measures against interest-only lending.
Companies offering short-duration derivatives in NZ will require license from December 2017.
New model will increase transparency, making industry more accountable and ASIC a stronger regulator.
Trying to compile all the new reports at the last minute should be avoided at all costs.
Regulator says BCBS unlikely to finalise rules until ‘2020 at the earliest’.
Regulator will ask six questions to assess a DLT’s regulatory compliance.
Banks will be under third-party supervision as they fix ‘systems, control and monitoring’.
Paper seeks comment on potential risks from 3 possible models for competition.