Rules and Guidance Consultations

This page includes details of market developments and consultations undertaken by NZX on the NZX rule sets.

Should you wish to receive updates on policy related matters, please email us at policy@nzx.com with your request to be added to our mailing list.

This page was last updated on 4 April 2025.

Prescribed Person Trading Review

NZX is consulting on amendments to its settings governing participants’ obligations in relation to trading activity undertaken by their Prescribed Persons.

The proposed amendments seek to ensure that the Prescribed Person obligations are fit for purpose, while also ensuring Participants are not faced with an unnecessary compliance burden. The consultation paper, along with exposure drafts of the proposed amendments to NZX’s Rules and Guidance, are available below:

We invite interested parties to provide their views on the matters raised in the consultation paper by emailing a written submission to policy@nzx.com. Alternatively, please get in contact with us to provide a verbal submission. Please note that the final date for submissions is Thursday, 17 April 2025.

Business Continuity Plans and Disaster Recovery Arrangements

NZX and NZX Clearing are consulting on amendments to regulatory settings in relation to requirements placed on participants when developing business continuity plans (BCPs) and disaster recovery arrangements. The proposed amendments align the obligations across NZX and NZX Clearing’s rule sets and reflect IOSCO recommendations where appropriate.

NZX and NZX Clearing have also developed a Guidance Note intended to assist participants in interpreting and meeting their obligations.

The consultation paper, along with exposure drafts of the proposed amendments to NZX and NZX Clearing’s regulatory settings and the new Guidance Note are available below:

We note that consequential amendments to the Derivatives Procedures and Clearing & Settlement Procedures, removing the existing BCP requirements. These deletions are contained in the excerpt provided above.

We invite interested parties to provide their views on the matters raised in the consultation paper by emailing a written submission to policy@nzx.com. Please note that the final date for submissions is Friday 16 May 2025.