NZX launch new regulatory agency: NZ RegCo
The NZX board announced in March the proposal to adopt a new regulatory operating and governance model which would structurally separate the exchange's commercial and regulatory roles. The model is similar to that used by other international exchanges such as the Singapore Exchange (SGX).
NZ RegCo is governed by an independent establishment board chaired by Trevor Janes, with board members Annabel Cotton, Elaine Campbell, John Hawkins and Mike Heron QC.
It will be led by Joost van Amelsfort as CEO, who has served as NZX head of market supervision since 2014.
NZX chairman, James Miller, described the move to NZ RegCo as ground-breaking in the 150-year history of New Zealand’s capital markets, and aligned with global best practice – in terms of the structure, governance and the operating model.
Click the button below to subscribe and will have free unlimited access for a limited time to full article and all other articles on the site.
You will also be able to comment on articles on Good Returns.
