Financial Markets Conduct Bill | NBR

Film director Taika Waititi

Crowdfunding to come under microscope in securities law overhaul

The revamp of New Zealand's 34-year-old securities law looks set to capture a relatively new way of raising small amounts of money from hordes of people if it strays into the territory of offering returns.

Wed, 11 Jul 2018

Commerce Committee chairman Jonathan Young

NZ policymakers back criminal sanctions for reckless directors

Parliament's Commerce Committee has tweaked the Financial Markets Conduct Bill's wording to spell out where liability falls.

Wed, 11 Jul 2018

Law overhaul threatens to make offer documents too simple

INFINZ says short-form offer documents many investors rely on may limit directors from judging what needs to be included.

Wed, 11 Jul 2018

Collins tables stop-gap bill to protect Public Trust from litigation

Justice Minister Judith Collins has introduced stop-gap legislation to protect state-owned Public Trust from liability for failed finance company trustees if those firms choose to ditch their res

Wed, 11 Jul 2018

Rick Shera: not for the faint-hearted

Kickstarter opens to Kiwis

Move comes as Financial Markets Conduct Bill will allow new capital-raising powers for Kickstarter.com-style, and crowd-funded equity. Lawyer broadly enthusiastic, but also sounds warning.

Tue, 15 Oct 2013

Don Holborow: people could be caught out

Premium

Lawyers sound the alarm on investment law change

The government is pressing ahead with controversial changes to New Zealand’s company liability regime, despite warnings from the legal profession.

NBR Contributor

Wed, 24 Jul 2013

Law firms team up to flag flaws in NZ securities law review

Top law firms unusually band together to give Parliament free advice to stamp out flaws in the proposed overhaul of the nation's decades-old Securities Act.

BusinessDesk

Fri, 15 Jun 2012

Reckless directors not criminal, law review submitters say

The government is casting too wide a net in deeming "reckless" directors to be criminally culpable, say a number of submissions on the revamp of New Zealand's decades-old Securities Act.

BusinessDesk

Tue, 12 Jun 2012

Premium

Petricevic to be banned from the boardroom for life?

Jailed Bridgecorp boss Rod Petricevic will not be allowed back around a board table if the Financial Markets Authority has its way.

NBR Contributor

Mon, 30 Apr 2012

Former One News presenter turned Hanover pitch man Richard Long

Why Hanover poster boy is not under FMA gun

Lucky escape for celebrity endorser.

NBR Contributor

Wed, 04 Apr 2012

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