UPDATE: FMA, NZX sign MOU for market oversight, public statements

Wed, 28 Jan 2015

(Updates with FMA, NZX comments) By Fiona Rotherham Jan. 28 (BusinessDesk) - The Financial Markets Authority and NZX, the two regulators of New Zealand’s capital markets, have signed a memorandum of understanding that formalises how they work together to avoid duplication and ensures a “no surprises” approach to running the markets. In addition to the FMA’s statutory requirement to publish an annual review of the stock exchange operator’s performance, the memorandum of understanding confirms a structure for monitoring NZX’s day-to-day...

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