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Review of Securities Law

Review of Securities Law

Over the last few years there has been wide ranging reform of the legislation that governs the financial sector. This reform has been timely following the global economic crisis and the failure of many New Zealand finance companies. The next step in the reform is the comprehensive review of the securities law. The Government has recently released Cabinet's paper setting out its recommendations on changes to the Securities Act 1978. The main recommendations are highlighted in this note.

By Melissa Higham - 6 May 2011

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The Regulatory Reform Bill - slashing red tape for business

The Regulatory Reform Bill - slashing red tape for business

The Regulatory Reform Bill, designed to slash red tape and remove unnecessary requirements for businesses passed its first reading last week.

By Melissa Higham - 28 Feb 2011

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Copyright (Infringing File Sharing) Amendment Bill

Copyright (Infringing File Sharing) Amendment BillThe Copyright (Infringing File Sharing) Amendment Bill is intended to deter file sharing copyright  infringement. It has recently been reported on at select committee level.

By Mike Worsnop - 8 Nov 2010 - 1 comment

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Consumer Legislation Reforms

Consumer Legislation Reforms

As discussed in a previous blog, the Ministry of Consumer Affairs launched a review of all New Zealand consumer laws in June this year. The review looked at consolidating and simplifying our Consumer legislation.

By Melissa Higham - 4 Oct 2010

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Company Directors and Registration

Company Directors and Registration

The Government announced yesterday that it plans to tighten requirements around company directors and company registration. The proposed measures are designed to protect New Zealand's company registration process against increasing threats of criminal activity from overseas.

By Melissa Higham - 10 Sep 2010

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Prevention of Identity Fraud

Prevention of Identity Fraud

A new bill has been introduced to Parliament this month to help prevent identity fraud. The bill will allow private agencies, such as banks and finance companies, access to the government's database.

By Melissa Higham - 31 Aug 2010

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Consumer law review

Consumer law review

The Ministry of Consumer Affairs has this week launched a review of all consumer law. This will involve a review of the Consumer Guarantees Act, the Sale of Goods Act, the Door to Door Sales Act and another 7 or 8 similar statutes. The way in which all consumer legislation interacts and works together is a key driver to this review.

By Melissa Higham - 18 Jun 2010

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