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The Securities Trustees and Statutory Supervisors Bill received its first reading on 23 March and submissions to the Commerce Committee closed on 6 May. The Commerce Committee reported back to parliament on 19 October 2010

An overview of the draft Financial Markets Conduct Bill.

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

There have been no further tax changes relating to Portfolio Investment Entity (PIE) and non-PIE funds of any note since the enactment of the Taxation (Budget Measures) Act 2010 and the Taxation (Annual Rates, Trans Tasman Savings Portability, KiwiSaver, and Remedial Matters) Act 2010 in September this year.

The proposals cover registration fees for offers on the new online register, FMA levies and fees for ongoing approvals,.

This is Part 4 of a detailed submission by Chapman Tripp in relation to the draft Financial Markets Conduct Bill.

The latest regulatory update from New Zealand has just been released. This bulletin summarises the current status of a number of key initiatives and legislative reforms facing the financial services industry, and updates likely timings.