Tighter relationship gives FMA confidence in NZX's market oversight

Wed, 22 Jun 2016

By Paul McBeth June 23 (BusinessDesk) - A closer relationship between NZX and the Financial Markets Authority means the market watchdog has more confidence in the stock market operator's ability to deal with issues when they crop up. NZX got the seal of approval in the FMA's 2015 review of the stock market operator's statutory obligations, which was released today. That report shows the FMA was satisfied with the way NZX managed its role as a frontline regulator of the stock market, and also with how it managed potential conflicts of int...

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