The New Zealand Stock Exchange has received a clean bill of health for its performance last year but has also been given three areas it needs to work on.
The Financial Markets Authority (FMA) today released its annual report on the NZX's compliance with its obligations under the Securities Markets Act and the Authorised Futures Exchange Notice.
Elaine Campbell, FMA head of compliance monitoring, said the NZX had been fully compliant and had met its statutory requirements for the period of January 1 to December 31 last year.
"NZX has committed itself to a programme of continuous improvement in all aspects of its operations that contribute to its delivery of fair, orderly and transparent markets.
"Where we did identify areas that need more work, NZX displayed a willingness to take this feedback on board, and a commitment to implementing our recommendations," Campbell said.