This Bulletin highlights the many recent developments in the New Zealand financial services industry that may impact you.
Contents
- Kiwi Saver
- Taxation of investment income
- Proposed tax changes for general and limited partnerships
- Financial intermediaries
- Review of financial products and providers
- Business law reform Bill
- Securities Legislation Bill
- Trans-Tasman mutual recognition of securities
- Anti-money laundering
- Securities lending
- International financial reporting standards
KiwiSaver
As the default provider RFP date of 7th July 2006 has now closed, interest is now focussing on the selection process. Default providers are now awaiting selection of the shortlist which, under the published timetable, should be released by the end of July. The current timetable plans for the shortlisted candidates presenting in early August.
