The Registry Flyer

No 83 - July 2001

Introduction

Registry Flyer provides our customers with a series of brief notes about current matters of interest to both Registry customers and Austraclear Members.

Each item usually includes a reference to the person or section to whom further enquiries should be directed. However, please also feel free to contact Peter Katz (00 644) 471 3711, email katzp@rbnz.govt.nz, on any Austraclear issue or Barry Norton (00 644) 471 3682, email nortonb@rbnz.govt.nz on Registry business.

Austraclear Usergroup Meeting - 25 May 2001

Thank you to all the members who were able to attend the meeting in Auckland. We appreciated your participation and the opportunity to meet with you. A summary of the main points covered in the meeting is attached. Copies of the presentation are available on request from our Help Desk (04) 471 3897 or direct from our home page www.rbnz.govt.nz

Next Austraclear Usergroup Meeting - 16 November 2001

The next Austraclear Usergroup Meeting will be held 1.00pm on 16 November 2001 at the Park Royal Hotel in Wellington. The meeting will be held prior to the FMOA conference that will begin at 3.15pm. Also, all Austraclear users and members of the FMOA are invited to drinks at the Park Royal Hotel starting at 5.30pm. Agendas for the respective meetings will be sent to members of Austraclear and the FMOA in due course.

The Austraclear Network Encryption Enhancement

The Austraclear network software has been upgraded to rectify an existing problem and enhance the operation of encryption on the network. As at 16 July 2001, all traffic between the Austraclear system and directly connected customer networks is encrypted. The upgrade required a memory and software upgrade for all Austraclear routers located at customer sites.

The upgrade has gone extremely well and we would like to thank customers for assisting with testing during this process.

If you require any further information on the encryption please refer to Kevin Jamieson on 04 471 3616 or Peter Katz on 04 471 3711.

FX Module - Activity Reports Updated Half Hourly

The information in the FX Activity reports that show entered FX trades and unconfirmed FX trades was previously updated hourly. We have changed a system parameter that now allows the information in these reports to be updated half hourly. We understand that this should help operational efficiency for high volume users of the FX module.

RBNZ Registry

Computershare Limited commenced processing RBNZ registered fixed interest securities on 3 September using its own system.
Please note that Issuers effecting payments for interest and maturities should make them to RBNZ32.
Issuers are to continue to send Issue Notices to RBNZ Fax (04) 471-3860

Austraclear BCP Arrangements Finalised & Fully Tested

We have completed our BCP plan testing. In the event we are unable to operate from the Reserve Bank building, we can continue our business operations from Logical (NZ) Limited's premises at the Majestic Building, Boulcott Street, Wellington. Our plan provides for us to be fully operational within two hours. If we were to shift to our BCP site we would advise members of any specific arrangements by Smartfax within the hour. Also, if necessary, an extension to end of day processing would be automatic.

If the operating systems are affected by any significant outage in Wellington we will revert to the operating systems at our warm backup site in Auckland.

If you have any further queries relating to our BCP plan please refer to Peter Katz on (04) 471 3711.

ISIN Numbers - Changed Procedures

All ISIN numbers for fixed interest securities will be generated by BTPS. Therefore, all members using the FINEWISS function should no longer input the ISIN code - Austraclear operations will input the ISIN once the code has been confirmed by BTPS, (before the end of day). Members can use the Austraclear system to identify the ISIN of any security within the day.

If you have any questions relating to the ISIN codes please refer to either Barry Norton (04) 471 3682 or Peter Katz (04) 471 3711

Approved Issuer Levy Declarations

Following completion of the outsourcing of our Registry to BTPS, all AIL declarations should continue to be faxed to Austraclear Operations on (04) 471 3712. However in order to meet the system cut off times, we must receive these declarations no later than 4.00pm on books close.

If you have any queries relating to the AIL please refer to Peter Katz on (04) 471 3711.

Fixed Interest Lodges and Uplifts - Changed Process

Members will continue to send all transfer forms for both lodges and uplifts to Austraclear Operations in Wellington as normal. However, behind the scenes, our staff process the lodges on BTPS's Unishare system and authorise the lodges on Austraclear. We expect to process all lodges within an hour of reciept. For Uplifts, upon receipt of a partially completed transfer form from the member, we complete the form and send it to BTPS for processing. BTPS advise us once the uplift is completed and we subsequently authorise the uplift on Austraclear. We expect 90% of uplifts to be processed within the hour of receipt and the remainder to be completed by end of day.

Members should direct all enquiries relating to the status of the processing of their lodges and uplifts to our Austraclear help desk (04) 471 3974.

Index to our Website

An updated Index to our Web-page has been enclosed. Most of the background material to our operations and documents for new memberships are available direct from this site. If you have any suggestions for additional information we could add to this site please email katzp@rbnz.govt.nz.

Changes in Membership

New members/Members branches

Welcome to the new Austraclear members.

Mnemonic	Name	Membership
JPMW40	J.P. Morgan Securities NZ Ltd	Full
SALS20	Salomon Smith Barney Aust Sec Pty Ltd	Full
NRMA20	NRMA Nominees Pty Ltd	Full
PTOTMS	Permanent Noms Ltd - Tower Multi Sector Trust	NT
NZIS90	NZI Staff Superannuation Fund Nominees Ltd	Associated

NT - Nominated Trust

Index of Austraclear and NZCSD Information and Documents available on the Internet

The following documents can be downloaded from our internet page http://www.rbnz.govt.nz/payment/Austraclear/index.html

· Overview of the Austraclear (NZ) System (also available in PDF 120KB)
· Austraclear New Zealand members
· Austraclear New Zealand operating guidelines 4 September 2001 (PDF 402KB)
· Testing connectivity to the New Austraclear (NZ) processors 21 August 2001 (PDF 28KB)
· Austraclear New Zealand system rules 9 October 2000
· Austraclear New Zealand system membership application pack
· Austraclear functions: quick reference guide
· Austraclear New Zealand charges 2 July 2001
· Austraclear New Zealand network information
· Austraclear : Host-To-Host Lite (HTH*Lite) guide and application pack April 2000 (PDF 149KB)
· Austraclear User Group Meeting presentation 25 May 2001
· Association of Global Custodians Questionnaire

Copies of the previous Flyers are also available from this site.