NZX's new regulatory arm starts on Dec. 10

NZX's new regulatory arm starts on Dec. 10
Staff reporters
Stock exchange operator NZX said its new regulatory arm, NZ RegCo, will officially start operating from Dec. 10.The new arms-length organisation was announced in March and will separate the exchange's commercial and regulatory roles, a move modelled on other international exchanges including the Singapore Exchange.NZ RegCo is "ground-breaking in the 150-year history of New Zealand's capital markets and aligned with global best practice," said NZX chair James Miller in announcing the go-live date.The new organisation will have...