New Zealand Financial Markets Authority Market Releases Review Of NZX Technology Issues
New Zealand Financial Markets Authority Market Releases Review Of NZX Technology Issues Date 27/01/2021 A review of NZX by the Financial Markets Authority (FMA), released today, has found the stock exchange failed to meet its licensed market operator obligations due to insufficient technology resources. As a licensed market operator, NZX is required to meet certain obligations under the Financial Markets Conduct Act (FMC Act). One of those obligations is to have sufficient technology resources to operate its licensed markets properly, including arrangements to ensure market disclosures...