New Zealand: NZX review of corporate governance reporting requirements - an update

NZX has published an update in respect of its review of the corporate governance reporting requirements within the NZX Main Board Listing Rules: see here. Following the publication of a discussion paper last year (here, pdf), and in response to comments received, NZX is working with several organisations (including the Financial Markets Authority) to address the fragmentation of corporate governance reporting requirements in New Zealand. The FMA has informed NZX that it will consider whether to update its Corporate Governance in New Zealand Principles and Guidelines once the NZX review is complete. NZX has stated that it will publish a consultation paper with firm proposals in the third quarter of this year.