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OVERSIGHT REVIEW OF NZX 2007

CONCLUSION

90. The Commission's overall conclusion is that NZX is satisfying its obligation to operate its markets in accordance with its Conduct Rules.
91. The Commission expects that future reviews of NZX will follow a similar format to the 2007 oversight review, in that they will focus on particular issues regarding NZX's performance of its statutory functions. The Commission believes that annual reviews of NZX are valuable because they allow the Commission and the market to receive information about NZX's performance on a regular basis.
92. The Commission's findings recorded as a result of this review, the actions and responses to these findings by NZX, NZX Discipline and the Special Division, and relevant intervening matters, will be reviewed next year.