New legislation on netting and payments finality

This article explains recent legislative changes directed at making the netting of financial contracts in New Zealand more legally certain and at aligning the commencement of liquidation or insolvency with the recent move to the real-time gross settlement of high value payment transactions.

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Year of publication:	1999
Authors:	DeSourdy, Loretta
Published in:	Reserve Bank of New Zealand Bulletin. - Reserve Bank of New Zealand. - Vol. 62.1999, June, 2
Publisher:	Reserve Bank of New Zealand

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Extent:	application/pdf
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005109877