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Financial Markets Conduct Act 2013

Dealing in financial products on markets - Operation of licensed markets

358: Power to disclose further information

You could also call this:

"Telling authorities more information to help them do their job"

Illustration for Financial Markets Conduct Act 2013

If you are a licensed market operator, you can give more information to the FMA to help them do their job. You can also give information to the Takeovers Panel to help them do their job. The FMA and the Takeovers Panel have important roles, and you can help them by sharing information that you think might be useful.

You can look at the related law from 1986 to see how this rule compares to an older rule. This older rule is from a law called the 1988 No 234. It is similar to the current rule about sharing information with the FMA and the Takeovers Panel.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM4091522.

Topics:
Money and consumer rights > Banking and loansBusiness > Industry rulesBusiness > Fair trading
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357: Licensed market operator must give FMA or Takeovers Panel other information and assistance on request, or

"Licensed market operators must help the FMA or Takeovers Panel with information and access when asked."

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359: Licensed market operator must give notice and have regard to submissions on continuous disclosure determinations, or

"Market operators must tell people about changes to company information rules and listen to feedback"

Part 5Dealing in financial products on markets
Operation of licensed markets

358Power to disclose further information

  1. A licensed market operator may provide to the FMA any information that the licensed market operator considers may assist the FMA in the performance of the FMA's functions.

  2. A licensed market operator may provide to the Takeovers Panel any information that the licensed market operator considers may assist the Takeovers Panel in the performance of its functions.

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