Issuer Training Modules

If you are the Primary Authorised Representative for a primary listed equity Issuer, you are required to access all training modules via the Safetrac website and pass the prescribed test for each module available on Safetrac. Primary Authorised Representatives for primary listed equity Issuers must complete and pass the test for the eight modules by 24 January 2025.

Existing Issuers – Listing Rule requirements

The NZX Listing Rules (including Listing Rule 1.7.2 and 1.22) require issuers to appoint a Primary Authorised Representative and a Secondary Authorised Representative.

These requirements include that primary listed equity Issuers must ensure that their Primary Authorised Representative has successfully completed the Authorised Representative Training by 24 January 2025. The relevant Primary Authorised Representatives must pass the test of all eight modules to meet this requirement.

NZ RegCo encourages Secondary Authorised Representatives to undergo Authorised Representative Training, although there is no Listing Rule requirement for them to do so.

Please note that while individual weblinks to each module are available below, Primary Authorised Representatives for primary listed equity Issuers must complete and pass the test for each module while logged in to the Safetrac website. Users will receive email confirmation after passing the test for each module.

Prospective Issuers

Applicants who are seeking to list on NZX must also appoint a Primary and Secondary Authorised Representatives. Primary Authorised Representatives for primary listed equity Issuers must successfully complete the Authorised Representative Training prior to listing.

Training Modules

The Issuer Training Modules are available here:

Issuer Training Modules

The Primary Authorised Representative for each primary listed equity Issuer is required to access all training modules via this link and pass the prescribed test for each module.

The modules available through Safetrac include a test and are designed, subject to individual professional requirements, to qualify for continuing professional development (CPD) time. Each module is expected to take no more than 45 minutes to complete.

The NZX Listing Rule training modules are:

Subject	Summary	Available?
Continuous Disclosure	Information on Continuous Disclosure, when disclosure is required, and other disclosure obligations under the NZX Listing Rules	Yes Quick view
Shareholder Meetings	NZX Listing Rule obligations that apply in relation to shareholder meetings	Yes Quick view
Periodic Reporting	Summary of financial reporting obligations along with other event-based disclosures under the NZX Listing Rules	Yes Quick view
Issuing Securities and Raising Capital	Information on raising capital and issuing securities, including disclosure requirements, prescribed templates, and MAP data	Yes Quick view
Trading Halts and Suspensions	Information on trading halts and suspensions, and the process issuers and advisers must follow when seeking one	Yes Quick view
Regulatory Landscape for NZX Listed Issuers	Information on NZX and NZ RegCo, including a summary of various matters NZX listed issuers should be aware of	Yes Quick view
Corporate Governance	Key corporate governance requirements under the NZX Listing Rules, and the NZX Corporate Governance Code	Yes Quick view
Major and Related Party Transactions	Overview of major and related party transactions including information issuers should include in a notice of meeting	Yes Quick view

Please note that the "Quick view" version of each training module is a copy of the module content. Accessing the "Quick view" versions does not constitute passing the Authorised Representative Training.

The Authorised Representative Training (as defined in the Listing Rules) is the online training and associated tests available on the Safetrac website. To complete the Authorised Representative Training, an Authorised Representative must pass the test for each of the eight modules.

Refresher training

Primary Authorised Representatives for primary listed equity issuers must undertake the Authorised Representative Training every three years. The date that Authorised Representatives must use to calculate this anniversary is the date that all eight modules were completed, and the tests were passed.

Webinar

On 13 June 2024, NZ RegCo hosted a webinar on the Authorised Representative requirements and Issuer training modules. The presentation is available here and a recording can be viewed here.

Questions

If you have any questions in relation to the Issuer Training Modules please contact NZ RegCo Issuer Regulation – issuer@nzregco.com