Recent developments

IMF finds New Zealand's banking system efficient and adequately supervised
The IMF Financial Sector Assessment Programme undertook a Financial System Stability Assessment in both New Zealand and Australia in November last year.

IFRS now free for use in New Zealand
Commerce Minister Margaret Wilson has announced that the Accounting Standards Committee Foundation has agreed to allow free use of International Financial Reporting Standards in New Zealand.

Proposal for mutual recognition of securities offers
A joint discussion paper on the trans-Tasman mutual recognition of offers of securities and managed investment scheme interests has been released.

Tips for searching the PPSR
The Ministry of Economic Development has published a series of tips on how to get the best results when searching the Personal Property Securities Register.

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.