September 2025

Outcome of FMA case stated – on use of eligible investor certificates

At the end of last week, the High Court delivered its decision on the case stated proceeding brought by the FMA, seeking a High Court determination about the use, confirmation, and acceptance of ‘eligible investor certificates’ for ‘wholesale’ investments.  To recap, the ‘eligible investor’ route is one of the key hard-wired exceptions from the FMC […]

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Incorporated Societies – get cracking with re-registration

The deadline for all incorporated societies to re-register under the Incorporated Societies Act 2022 is now less than 6 months away.  Every incorporated society must re-register under the 2022 Act before 5 April 2026.  If that is not done, the society will cease to exist.  After re-registration, the society will continue operating as the same

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Law Commission review of company directors’ duties and liabilities underway

The Law Commission has announced its review of directors’ duties and liabilities. This is the second limb of the package of measures announced by the previous Commerce Minister with the aim of modernising the Companies Act 1993 and related corporate governance laws. Terms of reference The terms of reference published by the Law Commission has

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