I note that the current Australian Financial System Inquiry has recently reaffirmed this same position for Australia 4. Over the past five years we have reviewed the emerging Basel III reforms and shaped our financial regulations to suit New Zealand circumstances. This has been something of a balancing act.
The Code has been amended to encourage greater disclosure by those operating anonymous platforms, including of their policies for managing the unique identifiers (‘tags’) of their users. Anonymous trading platforms are also encouraged to make available the Code signatory status of their users.