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Financial Markets Conduct Act 2013

Dealing in financial products on markets - Disclosure of relevant interests in quoted financial products by directors and senior managers of listed issuers

299: What disclosure required

You could also call this:

"What company leaders must tell people about their dealings"

Illustration for Financial Markets Conduct Act 2013

When you are a director or senior manager of a listed issuer, you must tell people about your interests, or when you buy or sell something. You must tell the licensed market operator that your issuer has an agreement with. You must also put this information in the interests register of your issuer. You have to keep this register as part of this law. The register is where you record your interests.

You must also disclose other information about your interests, or when you buy or sell something, in the way that the regulations say. The regulations will say what extra information you need to give. You can find more information about this in the Financial Markets Conduct Act 2013 regulations and the Securities Act 1988, for example in s 19U.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM4091443.

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298: Disclosure of relevant interests and dealings in relevant interests in relation to specified derivatives, or

"Tell people about your interests in certain company financial products if you're a company director or senior manager."

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300: Form and method of disclosure, or

"How bosses must tell people about their interests and dealings"

Part 5Dealing in financial products on markets
Disclosure of relevant interests in quoted financial products by directors and senior managers of listed issuers

299What disclosure required

  1. The director or senior manager must disclose the relevant interest, acquisition, or disposal—

  2. to the licensed market operator with which the listed issuer is a party to a listing agreement; and
    1. in the interests register of the listed issuer kept under this subpart.

      1. The director or senior manager must also disclose, in the prescribed manner, any further matters relating to the relevant interest, acquisition, or disposal that are required by the regulations.

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