NZBCX are a Bitcoin focused exchange based in Wellington, New Zealand. They offer a very simple and clear interface. NZBCX claim to be New Zealand's longest running Bitcoin exchange. When signing up you are asked to provide several forms of ID. This includes a passport or driving license, proof of address and live photo. This is comparable to traditional banking and suggests a commitment to local regulation.
There are user reports noting that verification for trading can take some time. Staff have responded to these concerns online citing recent problems with banking partners. Recently their application to register as a Financial Service Provider has been accepted. This level of responsibility and transparency makes this an exchange to watch in future.