Introduction The Financial Markets Conduct Bill was passed last night. This is a significant milestone for financial regulation in New Zealand. The FMC Bill rewrites many of the rules for how financial products and financial services are offered to the public and how they are governed and operated. It will replace the Securities Act 1978, […]
Financial Markets Conduct Bill passes third reading Read More »
Introduction Amongst the information that can be gleaned from the recent unveiling of a series of Cabinet decisions affecting the implementation of the Financial Markets Conduct Bill (“FMC Bill”) is the likely shape of the licensing regime for a number of financial services. This includes fund managers, providers of Discretionary Investment Management Services (“DIMS”),
FMC Bill – Licensing matters Read More »
FMC Bill Shape of Things to come Financial markets law reform – the shape of things to come Introduction In recent weeks the release of a number of Cabinet papers provides an insight into the likely shape of the next phase of the financial markets law reform process. Specifically, it is clear that the
Financial markets law reform – the shape of things to come Read More »