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Feedback sought on Responsible Lending Code

  • Chapman Tripp
  • -
  • New Zealand
  • -
  • July 15 2014

The proposed code is intended to assist compliance with the responsible lending principles set out in the Act, and is due to come into effect from

Credit contract law reform now enacted

  • Bell Gully
  • -
  • New Zealand
  • -
  • July 10 2014

The Credit Contracts and Consumer Finance Amendment Act 2014, which was discussed in the previous issue of Corporate Reporter here, received Royal

Changes for the Financial Service Providers’ Registration and Dispute Resolution regime

  • Bell Gully
  • -
  • New Zealand
  • -
  • July 10 2014

The Financial Service Providers (Registration and Dispute Resolution) Act 2008 (FSP Act) has been amended by the Financial Service Providers

Further cabinet policy decisions for DIMS providers

  • Bell Gully
  • -
  • New Zealand
  • -
  • July 10 2014

Cabinet has agreed that the following requirements should be introduced for Authorised Financial Advisers (AFAs) providing personalised DIMS from 1

CCCFA: Responsible Lending Code submissions invited

  • Bell Gully
  • -
  • New Zealand
  • -
  • July 9 2014

The Credit Contracts and Consumer Finance Amendment Act 2014 (the CCCF Amendment Act) received the Royal Assent on 7 June 2014 (refer to our earlier

FMCA DIMS transition and further changes announced

  • Chapman Tripp
  • -
  • New Zealand
  • -
  • June 17 2014

Transitional provisions for the new requirements governing discretionary investment management services (DIMS) in the Financial Markets Conduct Act

Financial services quarterly - Winter 2014

  • Bell Gully
  • -
  • New Zealand
  • -
  • June 3 2014

Marshalling leads to equitable mortgages being worth more than the paper they are written on Through a process known as "marshalling", the High Court

Credit contract law reform given the green light by Parliament

  • Bell Gully
  • -
  • New Zealand
  • -
  • May 29 2014

The Credit Contracts and Consumer Finance Amendment Act 2014 underwent its final reading this week and is expected to receive Royal Assent on 4 June

Further changes to the financial service providers registration and dispute regime

  • Bell Gully
  • -
  • New Zealand
  • -
  • May 21 2014

The Financial Service Providers (Registration and Dispute Resolution) Amendment Bill (which was formerly part of the Credit Contracts and Financial

Care needed on lender assignment clauses in loan facility agreements

  • Chapman Tripp
  • -
  • New Zealand, USA
  • -
  • May 8 2014

The need for thoughtful drafting of lender assignment clauses in bank loans has been underlined by a recent US judgment. Although the decision does