Interim report on the Financial Advisers Bill
The Finance and Expenditure Committee has considered the Financial Advisers Bill, particularly the definition of "financial adviser" and the institutional arrangements for supervising them, and has released its interim report.
Law change makes it easier for local authorities to re-enter the public debt-securities market
A recent amendment to the Securities Act 1978 will simplify the disclosure requirements and make it easier for local authorities to issue debt securities to the public. In this article, partner Glenn Joblin outlines the scope of the amendment.
Securities Commission completes Cycle 6 of its Financial Reporting Surveillance Programme
In Cycle 6 of the Securities Commission's Financial Reporting Surveillance Programme, the commission reviewed the financial reporting practices of 30 issuers with balance dates from 31 December 2006 to 30 April 2007. Twenty of the 30 annual reports reviewed had matters that prompted the commission to write to the respective issuers.
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