NZ RegCo and FMA ink memorandum of understanding

NZ RegCo and FMA ink memorandum of understanding
NZ RegCo chief executive Joost van Amelsfort. (Image: NZRegCo)
Staff reporters
NZRegCo and the Financial Markets Authority (FMA) have inked a new memorandum of understanding, setting out a framework for engagement and cooperation regarding regulating New Zealand’s capital markets. Areas prioritised under the memorandum of understanding (MOU) are issuers' continuous disclosure obligations and oversight and enforcement of the prohibitions on insider trading and market manipulation.NZ RegCo chief executive Joost van Amelsfort said the two agencies have a strong operational relationship and work closely togethe...