Contributed by: Marika Eastwick-Field, Emmeline Rushbrook and Nicole Browne
Published on: March 27, 2020
Over the course of the last week, in response to the significant disruption and other impacts of COVID-19, the Ministry of Business, Innovation and Employment (MBIE) has amended existing timeframes for compliance with new legislation and for providing submissions on proposed legislation.
MBIE has amended timeframes for the following financial services legislation:
These amended dates will be reviewed every three months, with further amendments to be advised by MBIE.
We expect that the above timeframes could be subject to further change as matters continue to develop, to ensure that the financial service industry has appropriate time to consider, consult on and implement these legislative reforms.
Please get in contact if you would like to discuss any of the above legislation with us.
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