FMA gives NZX clean bill of health for its regulation of markets

Mon, 25 May 2015

By Fiona Rotherham May 26 (BusinessDesk) - The Financial Markets Authority has given New Zealand's markets operator, NZX, the thumbs up for the way it has complied with statutory obligations to run the markets in a fair, orderly and transparent way and for the first time has made no recommendations for changes. In the fourth annual review of NZX’s general obligations, the FMA said it was satisfied the company had completed all but one of the 11 agreed actions from last year related to managing conflicts of interest, monitoring conduct, an...

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