Confirmation that first to register has priority *

New Zealand - December 17 2012
The Court of Appeal has confirmed that priority is determined by date of registration under the Personal Property Securities Act (PPSA).

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Trans-Tasman mutual recognition of financial advisers announced *

Australia, New Zealand - September 12 2012
The Australian Securities & Investments Commission (ASIC) and New Zealand’s Financial Markets Authority (FMA) have announced mutual recognition arrangements for Australian and New Zealand financial advisers.

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Financial Markets Conduct Bill report released *

New Zealand - September 12 2012
The Commerce Committee has released its report on the Financial Markets Conduct Bill (the Bill).

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Government releases exposure draft of Credit Contracts and Consumer Finance Amendment Bill *

New Zealand - June 21 2012
The Government has released a draft of the Credit Contracts and Consumer Finance Amendment Bill (the Bill), designed to protect consumers from irresponsible lenders.

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Financial Markets Authority developments *

New Zealand - June 21 2012
The FMA has released the final version of its new regulatory guide on improving disclosure in prospectuses and investment statements.

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