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The
Financial Markets Authority has published for consultation an updated edition of its Corporate Governance Handbook: see
here (
pdf). The consultation follows the publication earlier this year by the
NZX of an updated edition of its corporate governance code (
here,
pdf). The FMA regards the NZX Code as providing the primary guidance on governance practices for NZX listed companies; the focus of the FMA Handbook has therefore moved away from listed companies and is intended instead to provide practical guidance for directors of non-listed companies including state owned enterprises and public sector entities.
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