Financial Services Quarterly
Legislation/In Parliament
Consumer law overhaul planned
Plans are afoot to simplify consumer legislation by consolidating 10 current laws into a smaller number of enhanced laws.
Developments to restore confidence of investors in New Zealand's capital markets
Minister of Commerce Simon Power has announced some major developments for the financial industry "to restore the confidence of mum and dad investors in [New Zealand's] capital markets".
Government announces 'super-regulator' for financial markets
Legislation to establish a new single regulator for New Zealand's financial markets is expected to be introduced this year.
Insolvency Practitioners Bill introduced
The Insolvency Practitioners Bill introduces a negative licensing system that gives the Registrar of Companies the power to prohibit individuals from providing corporate insolvency services, or to place them under supervision, for up to five years.
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.
Disclaimer
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.
