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Before taking formal action, service providers should review their contractual documentation to confirm payment terms, late payment interest clauses, and debt recovery cost provisions, and ensure their invoice is valid and clearly states the amount owing, services provided, due date, and payment details.

The Court has clarified some fundamental aspects of the PPSA regime – e.g. all security interests are fixed in nature.

The Financial Markets Authority (FMA), New Zealand's regulator for financial services, has released a guidance note to licensed peer-to-peer (P2P) lending services, licensed crowdfunding services ...

The Brief Counsel covers an overview of the remainder of the reform process and disclosure directions for the new regime.

Ensure your debt collection practices are transparent and comply with relevant laws.

Financial advisors and their duty of care to their clients.

This is Part 7 of a detailed submission by Chapman Tripp in relation to the draft Financial Markets Conduct Bill.

Those retail KiwiSaver scheme providers and trustees who have yet to submit on the Ministry of Economic Development (MED) Discussion Paper - Periodic Reporting Regulations for Retail KiwiSaver Schemes – should consider doing so now.

NZX should be commended for the more proactive approach it is taking in publishing these useful resources for issuers.

The New Zealand Government has released its much awaited discussion document entitled Business Tax Review. Readers of the discussion document may feel somewhat deflated – the hope was for a document containing proposals for reform that would be of benefit to businesses across the country, however, the reality is a document that contains very little in terms of details of proposed reforms and certainly contains nothing new.

The exposure draft Financial Markets Conduct Bill (the draft Bill) has some important implications for the Financial Advisers Act (FAA).

Government initiatives for reform of the financial services sector continue to gather momentum. We take this opportunity to update you on the progress of various proposed reforms in the sector.

The Ministry of Economic Development (MED) has released a discussion document on the fees and levies to fund the latest developments.

Big receiverships often test legal boundaries, and the Crafar group receivership is no exception. Gibson & Stiassny v StockCo & Ors is the longest decision to date on the Personal Property Securities Act 1999 (PPSA).

The recent spate of finance company failures has left many investors out-of-pocket and dented public confidence in investing in finance companies or other non-bank deposit takers.

Most financial services businesses will need to register by 1 December 2010 under the Financial Service Providers (Registration and Dispute Resolution) Act (FSPA). Specialist financial advisers, discretionary investment managers and investment planners have until 31 March 2011.

The MBIE has made improvements to the Financial Services Legislation Amendment Bill as part of the consultation process.