NZX
20/04/2016 08:30
GENERAL
NOT PRICE SENSITIVE
REL: 0830 HRS NZX Limited
GENERAL: NZX: NZX Regulatory Agenda 2016 published
NZX today published its inaugural Regulatory Agenda which highlights the
regulatory outcomes NZX Regulation is pursuing this year, and identifies
three key strategic areas of focus for 2016.
These three areas - market infrastructure, orderly markets and market
engagement - reflect NZX's statutory obligations; the current economic
environment; and NZX's view of the key risks and trends relevant to the
regulation of its market
o Market infrastructure - NZX rules and market architecture balance the
need for informed, confident participation in our markets, with the efficient
operation of those markets
o Orderly markets - comprehensive and effective frontline monitoring
and enforcement of trading misconduct, and understanding of permitted trading
conduct by market participants
o Market engagement - constructive engagement with issuers and
participants, to support compliance frameworks, organisational culture and
market conduct
NZX's Head of Market Supervision Joost van Amelsfort commented: "NZX's
regulatory function contributes to the operation of 'fair, orderly and
transparent' markets, to the ongoing development of New Zealand's capital
markets, and ultimately to lowering the cost of capital for issuers."
"To be an effective regulator, NZX Regulation takes a proactive approach to
addressing market trends, changes in technology and law and developments in
international best practice. The NZX Regulatory Agenda reflects the focus and
investment we place on effective oversight of our markets."
"This agenda also provides further transparency to the market in terms of the
matters NZX Regulation is currently focussed on, to help drive engagement
with those participating in New Zealand's capital markets."
NZX's Regulatory Agenda 2016 can be downloaded here:
http//www.nzx.com/regulation/publications
For further information please contact:
Kate McLaughlin
Head of Communications
T: 09 309 3654
M: 027 533 4529
E: [email protected]
About NZX Limited
NZX builds and operates capital, risk and commodity markets and the
infrastructure required to support them. We provide high quality information,
data and tools to support business decision making. We aim to make a
meaningful difference to wealth creation for our shareholders and the
individuals, businesses and economies in which we operate. To learn more
about NZX, please visit: http://www.nzxgroup.com
End CA:00281072 For:NZX Type:GENERAL Time:2016-04-20 08:30:30
