NZX, FMA launch capital markets review

Wed, 23 Jan 2019

By Jenny Ruth Jan. 24 (BusinessDesk) - Stock exchange operator NZX and the Financial Markets Authority have formed a formal review - Capital Markets 2029 - to investigate the drivers of listing activity. “New Zealand’s capital markets have performed well in a number of areas – such as KiwiSaver and debt issuance,” NZX and the regulator say in a joint statement. “However, equity listings have remained subdued and (the) listed equity market is under-developed relative to global peers.” Equity listings on NZX fell by 21 to 138 at the e...

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