Our team provides advice on all aspects of financial regulation in New Zealand to help our clients understand the rules and minimise the risk of regulatory intervention into their business. Our focus is on the commercial objectives of our clients, helping to get the regulatory framework to work for them, not against them.
We have close relationships with supervisors and regulators. We are tuned into international developments and the effect offshore regulation can have on our markets.
Banks, non-bank deposit takers and insurers are subject to prudential supervision by the Reserve Bank. We have extensive experience in this area, advising banks, non-bank deposit takers and insurers on all aspects of prudential regulation and their relationship with the Reserve Bank.
Our experience includes advising:
The Financial Markets Authority (FMA) regulates New Zealand's securities markets and the conduct in these markets. We advise on conduct rules (including insider trading, market manipulation and continuous disclosure), financial reporting, licencing requirements and compliance with NZX listing rules.
Our experience includes:
The FMA regulates the provision of advice by financial advisers and the registration of financial service providers and proposals are currently underway to overhaul the financial advisers regime. We advise on disclosure and conduct obligations, discretionary investment management services, obligations applying to brokers and custodians, and registration requirements.
The Reserve Bank, the Financial Markets Authority and Department of Internal Affairs are the three AML/CFT supervisors in New Zealand. We advise reporting entities on all aspects of the AML/CFT Act and sanctions and regularly draft and review AML compliance programmes.
The Commerce Commission is responsible for promoting compliance with New Zealand's credit contracts and consumer finance regime. We have market-leading experience advising credit providers on issues relating to this regime, in relation to the provision of both credit and insurance products.
New Zealand financial regulators all have statutory powers to request information and commence investigations. We have the experience and procedures in place to urgently and appropriately assist with information requests and investigations, including to try and minimise the risk of reputational and enforcement action.
Partner, Banking and Finance
Special Counsel, Banking and Finance
Senior Associate, Litigation
Special Counsel, Corporate Advisory
Senior Associate, Banking and Finance
Banking and Finance
Funds Management, KiwiSaver and Superannuation