01922cas a2200241 a 4500 AALejournalIMF003395 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451830286 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. New Zealand : Financial Sector Assessment Program-Detailed Assessments of Observance of Standards and Codes-International Organization of Securities Commission (IOSCO)-Objectives and Principles of Securities Regulation. Washington, D.C. : International Monetary Fund, 2004. 1 online resource (43 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper evaluates the Observance of Standards and Codes on the International Organization of Securities Commission (IOSCO) Objectives and Principles of Securities Regulation for New Zealand. New Zealand equity markets are comparatively small with market capitalization of about 44 percent of GDP. Reflecting a preference for property investment, ownership of New Zealand-listed equities remains mostly in the hands of offshore investors and domestic institutional investors, with only about one-fourth held directly by households. Securities market intermediaries include sharebrokers, futures dealers, investment advisers, and managers of collective investment schemes, including contributory mortgage brokers. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2004/417 Full text available on IMF http://elibrary.imf.org/view/journals/002/2004/417/002.2004.issue-417-en.xml IMF e-Library