FMA says NZX market surveillance has improved

Thu, 27 Jun 2019

By Rebecca Howard June 27 (BusinessDesk) - Stock exchange operator NZX has made positive changes to its market surveillance since concerns were raised a year ago, the Financial Markets Authority's latest annual review found. "This year’s review acknowledges the positive changes made by the market surveillance team during the review period and the FMA supports the NZX’s approach to the continuous improvement of the team," it said. Last year, the FMA concluded that the depth of market knowledge and experience in the supervision unit was...

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