This is Part 6 of a detailed submission by Chapman Tripp in relation to the draft Financial Markets Conduct Bill.

This Brief Counsel highlights some of the key changes to the Bill, particularly in relation to the liability settings.

The Ministry of Justice has now released its consultation document on first priority matters in relation to the Anti-Money Laundering and Countering Financing of Terrorism Act 2009 (the AML/CFT Act). This will provide an important opportunity to influence key design elements of the new regime, including which entities and transactions should be exempt, various applicable threshold values, customer due diligence (CDD), third party reliance and designated business group issues, and annual rep

The Australian Financial System Inquiry Report, delivered on Sunday, makes 44 recommendations.

This is Part 3 of a detailed submission by Chapman Tripp in relation to the draft Financial Markets Conduct Bill.

The Amendment Bill includes minor changes, but much of the regulation will come from the forthcoming Code of Conduct.

The paper analyses the legal exposure of investment banks, trustees, auditors and other expert advisers under the FMCA.

This is an overview of issues for managed funds, including KiwiSaver schemes, unit trusts and superannuation schemes.

2008 will see some major changes for the New Zealand insurance industry with the tabling of two Bills in late 2007 for the financial industry at large, and a further bill specific to insurance contracts to be tabled shortly.

The Financial Markets Conduct Bill has now been passed and represents a significant achievement for all involved.

The sweep of powers proposed for the new Super Regulator – the Financial Markets Authority - is spelt out in the Financial Markets (Regulators and KiwiSaver) Bill introduced to Parliament during last week. The Bill reflects key policy decisions on the shape of the FMA, with a few surprises.

We highlight the main things to look out for in the new regimes of the reform of New Zealand's capital markets law.

The Options Paper for the review of the financial advisers regime gives three scenarios, from modest to sweeping reforms.

Key changes proposed in the draft Financial Markets Conduct Bill.

MBIE released a Consultation Paper and Exposure Draft of reforms to the regulation of financial advice in New Zealand.

An overview of the key components of the exposure draft Financial Markets Conduct Bill.

The near-final draft of the FMC Regulations deals with concerns raised by KiwiSaver and superannuation scheme providers.

2006 has seen unprecedented change in the financial services sector. It is a full time job to not only adapt to the changes but also to anticipate the developments that are ahead.

The KiwiSaver Bill will progress in parallel with the tender process, providers will be in the unenviable position of tendering to provide services while there is still uncertainty and a lack of detail in a number of key areas. We elaborate on this.

Bulletin summarises the current status of a number of key initiatives and legislative reforms facing the financial services industry, and updates likely timing.