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FMA: full pedal ahead, and a bit of tacking

New Zealand - February 20 2017 ​The Financial Markets Authority has refreshed its foundation Strategic Risk Outlook (SRO), published in 2015. It plans to steam ahead on its current…

Fiona Bennett, Victoria Heine, Bradley Kidd, Ross Pennington, Penny Sheerin, Roger Wallis, Tim Williams

Appeal court keeps parent company on the hook

New Zealand - August 17 2016 The Court of Appeal has dismissed an appeal by Steel & Tube Holdings Limited (STH) against the legal basis and quantum of a $750,000 judgment based…

Michael Arthur, Josh Blackmore, Pip England, Hamish Foote, Daniel Kalderimis

Can a lender use a Property Law Act notice to call up a loan?

New Zealand - March 11 2015 In a decision surprising to banks and other lenders, the High Court has ruled that a lender cannot issue a notice to accelerate a loan before the…

Michael Arthur, Cathryn Barber, Fiona Bennett, Ross Pennington, Emma Sutcliffe

Australia's Financial System Report – will the waves reach New Zealand?

Australia, New Zealand - December 12 2014 The Australian Financial System Inquiry Report, delivered on Sunday, makes 44 recommendations which, if adopted, will change the way in which…

Guidance on governance frameworks under the FMCA

New Zealand - October 7 2014 The Financial Markets Authority (FMA) has laid out its expectations for how issuers of debt securities and the managers and supervisors of managed…

Bradley Kidd, Ross Pennington, Penny Sheerin, Tim Williams, Mike Woodbury