Recent developments

What is the Reserve Bank's role in relation to prudential supervision of banks?
Reserve Bank Governor Dr Alan Bollard has discussed the Bank's regulation and supervision goals and processes.

Corporate governance in New Zealand: Consultation on issues and principles
At the request of the Minister of Commerce, the Securities Commission is developing an agreed set of corporate governance principles for New Zealand.

Financial Sector Assessment Program
New Zealand is to participate in a voluntary assessment under the Financial Sector Assessment Program, a joint IMF and World Bank effort to promote the soundness of financial systems in member countries.

UPDATE: Changes to stamp duty legislation in Australia
As reported in the Winter 2003 edition of Financial Services Quarterly, recent changes to stamp duty legislation in Australia may affect the way that Australian and trans-Tasman facilities are structured.

UPDATE: Disclosure obligations for directors and officers
The directors' and officers' disclosure obligations mentioned in the Winter 2003 edition of Financial Services Quarterly have yet to come into force.

Enquiries and information

For more information on any of the cases, articles and features in Financial Services Quarterly, please email Rachel Gowing or call on 64 9 916 8825.