The rules made by a securities exchange that govern the conduct of business on securities markets operated by the securities exchange and persons authorised to undertake trading activities on those securities markets.

The Participant Rules and Listing Rules of NZX.

Financial Sector Assessment Programme, conducted by the International Monetary Fund.

International Organization of Securities Commissions.

IOSCO's Objectives and Principles of Securities Regulation (October 2003) which are accepted as the international standards for securities regulation by the International Monetary Fund and the World Bank.

Any entity which is or has been listed on the NZSX, NZAX or the NZDX.

Rules made by NZX that govern the conduct of Issuers listed on NZX's markets, approved as Listing Rules under the Securities Markets Act 1988.

Market Announcement Platform.

An organisation accredited by NZX to participate in the markets that NZX operates.

A group within NZX led by the Head of Market Supervision comprising two teams - NZX Regulation and Compliance.

New Zealand Alternative Stock Market.

New Zealand Stock Market.

A disciplinary body constituted by NZX under the NZX Discipline Rules.

The NZX Discipline Rules as made by NZX.

A team within NZX's Market Supervision Group which focuses on regulation of Issuers.

New Zealand Exchange Limited.

A team within NZX's Market Supervision Group which focuses on regulation of Market Participants.

Rules made by NZX that govern the conduct of business on securities markets operated by NZX and persons authorised to undertake trading activities on those markets, approved as Business Rules under the Securities Markets Act 1988.

2007 calendar year.

The division of NZX Discipline that exercises the powers and functions of NZX in relation to NZX or a related entity as a Listed Issuer.