Quick takes
NZX Director Independence Review update: implications for directors
Changes announced will enhance robustness of governance practices for New Zealand-listed issuers.
The NZX Listing Rules set out mandatory requirements for issuers listed on the NZX Main Board/Debt Board (and those wishing to list).
This is the first major review of the Listing Rules since 2003 and will also impact NZX’s other markets.
Our submission focuses mainly on the proposed market structure, and governance and board/director matters in relation to equity issuers.