This code was produced by: Financial Markets Authority (FMA)
This handbook assists directors, executives and advisers of non-listed and public-sector companies, and other entities, to apply corporate governance principles to their particular entity. The Financial Markets Authority (FMA) last published this handbook in 2014. That version provided advice for listed and unlisted companies. In 2017, the NZX published an updated corporate governance code (the NZX Code) for companies listed on their licensed markets. This was based on the 2014 handbook. FMA now view the updated NZX Code as the primary guidance on corporate governance practices for NZX-listed companies. Therefore FMA have refocused their handbook on non-listed companies and entities, many of which have a significant impact on New Zealand’s financial markets.