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Legal and regulatory update: quarterly regulation metrics released

30 July 2020 – NZX released its Quarterly Regulation Metrics for Q2 2020, containing information on NZX Rules and policy consultations as follows:

·        Consulting on proposals to amend the disclosure setting for direct listings, with submissions closing on 31 July

·        The proposed “Hygiene Review” of Listing Rules has been deferred to later in 2020

·        Considering submissions on the consultation on the introduction of a Mid-Point Order Book, an anonymous unit order book, intended to be made available in 2021.

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