NZX strengthens oversight of conflicts with new board committee, regulatory scrutiny

Wed, 10 Dec 2014

By Jonathan Underhill Dec. 11 (BusinessDesk) - NZX will establish a new board committee to oversee the way New Zealand’s financial markets operator manages conflicts. The committee is part of initiatives agreed between NZX and the Financial Markets Authority in the regulator’s third annual general obligations review of NZX, published in June. The conflicts committee will be responsible for recommending improvements to the market operator’s conflicts management including an annual review of compliance with existing rules. It named Simon...

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