Recent developments

Non-bank deposit takers risk management guidelines released
The Reserve Bank has released its risk management programme guidelines for non-bank deposit takers.

Proposals for regulating financial advisers
The Securities Commission has released a paper outlining proposals for the regulation of financial advisers, to take effect late next year.

International financial crisis group makes recommendations
The Financial Crisis Advisory Group has published its recommendations relating to financial reporting and standards setting.

Capital Market Development Taskforce identifies big issues ahead
The Capital Market Development Taskforce has released a progress report identifying issues facing New Zealand's capital markets.

Inquiry into finance company failures
The Commerce Commission has set up terms of reference for its enquiry into finance company failures.

Financial reporting surveillance programme – Cycle 9
The Securities Commission continues to find inadequacies in matters previously referred to issuers.

Companies Office blog
The Companies Office has launched a blog site.

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.