CMD Taskforce's final recommendations to feature in Securities Act review
Further light has been shed on the likely direction of the Government's Securities Act review after the release of the Capital Market Development Taskforce's final recommendations and the Government's initial responses to those recommendations. In this article, partner Glenn Joblin provides details and commentary on some of the key aspects of the Taskforce's recommendations which have been signalled for inclusion in the review.
Early announcement on financial reporting changes
In an early announcement aimed at putting business concerns to rest, Commerce Minister Simon Power announced on 24 February that the Government has decided that large non-issuer companies will not be required to file their financial statements with the Registrar of Companies. Partner Gavin Macdonald outlines the details.
Handling confidential information – proposed ASIC best practice guidelines
Senior associate Stephen Layburn comments on the Australian Securities & Investment Commission's proposed best practice guidelines for handling confidential information in corporate transactions which, once finalised, New Zealand regulators may also seek to adopt.
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This publication is necessarily brief and general in nature. You should seek professional advice before taking any action in relation to the matters dealt with in this publication.