FMA, NZX sign MOU for market oversight, public statements

Wed, 28 Jan 2015

By Fiona Rotherham Jan. 28 (BusinessDesk) - The Financial Markets Authority and NZX, the two regulators of New Zealand’s capital markets, have signed a memorandum of understanding that sets out how they will work together, including what is said in public. In addition to the FMA’ statutory requirement to publish an annual review of the stock exchange operator’s performance, the memorandum of understanding confirms a structure for monitoring NZX’s day-to-day regulatory functions. The non-binding MOU is focused on four key areas - relati...

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