Being AI fined $50,000 over NZX governance breaches

Being AI chair Michael Stiassny. (Image: Getty)

Tue, 02 Sep 2025

Being AI has been publicly censured and fined $50,000 by New Zealand’s Markets Disciplinary Tribunal for breaching NZX governance rules.The tribunal said on Tuesday that Being AI was in breach of NZX Listing Rules for two months after the sudden resignations of independent directors Andrew Higgs and Brett O’Riley on Jan 31.It approved a settlement between the company and NZX’s regulatory arm, NZ RegCo, covering breaches of board and audit committee composition requirements. In addition to the $50,000 penalty, Being AI has...

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