New Zealand

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FMA releases Conduct Outcomes Report

The New Zealand Financial Markets Authority (FMA) has released its Conduct Outcomes Report 2016 (Report), highlighting the key issues and actions from the FMA's enforcement, supervision and preventative activities for the...more

The promise of FinTech - More regulatory pointers

Earlier this month, we discussed the key results and considerations from IOSCO's updated survey on the use of automated investment advice. IOSCO noted that technology tools will affect all elements of the advice value chain...more

Testing employees for Hepatitis B - Reasonably practicable?

A recent WorkSafe New Zealand prosecution highlights the need for an employer's own health and safety policies to be implemented and followed - even if they are industry leading. Hepatitis B is a highly infectious virus...more

FMA releases Strategic Risk Outlook

The New Zealand Financial Markets Authority (FMA) has today released its Strategic Risk Outlook (SRO), expanding on the seven strategic priorities it established in 2014. You can find a copy of the SRO on the FMA's...more

M&A Global Intelligence Series: Warranty Time Limits and Caps

In M&A transactions, sellers routinely seek to limit their exposure under warranties and indemnities via reasonably standard exclusions and limitations. This article focuses on two of the most fundamental warranty...more

IRD consults on GST treatment of management fees and outsourced services

'Questions we've been asked' (QWBA) are statements issued by the Office of the Chief Tax Counsel of the New Zealand Inland Revenue Department (IRD) in response to queries received on specific tax issues which are likely to be...more

A guide to the FMA's view of conduct

With the transition to the Financial Markets Conduct Act 2013 (FMCA) now complete, the Financial Markets Authority (FMA) has shifted its focus to monitoring and supervising the conduct of financial service providers. As a...more

Advertising - Get it right

February has barely hit and we are already starting to see some action from the Commerce Commission in the Fair Trading space for 2017. Earlier this week the Commerce Commission filed charges against Bunnings (NZ)...more

IOSCO weighs in on the growth of robo-advice

7 At the end of December 2016, the International Organisation of Securities Commissions (IOSCO) published an update to its July 2014 Report on the IOSCO Social Media and Automation of Advice Tools Surveys The aim of the...more

New Year - New Insurance Law

In an earthquake related judgment issued in late December 2016, the High Court (Court) found a mutual duty of good faith applied to parties to an insurance contract, including during the claims handling process. A breach of...more

Public Decision Making newsletter - Summer Edition 2016

This newsletter summarises recent developments in resource management and local government law in New Zealand that are of particular relevance to local authorities and decision makers. In this edition, we address recent...more

Trademark Scam Results in More than $600,000 in Refunds in New Zealand

The records of applications and registrations at the U.S. Patent and Trademark Office are publicly available, allowing individuals and companies to evaluate the registered trademark rights of third-parties. Unfortunately,...more

U-turn on trans-Tasman patent processes

The New Zealand (NZ) government has recently done “a complete U-turn” on planned trans-Tasman processes in the latest round of patent reforms, as a NZ parliament member puts it. In a second reading with 160 for and 14...more

Life Sciences Spotlight - Asia Pacific Issue 7, 2016

Welcome to the seventh edition of Life Sciences Spotlight, and our very first AusBiotech/Biofest conference edition. We are very pleased to provide updates on a number of developments in the life sciences sector across...more

Insurance Review May 2016

It has been another active year for class action and mass tort litigation in Australia, with seemingly very few industries or sectors immune, even the legal industry upon which this burgeoning area of the law has been built....more

Energy Insights: An Update from the Fourth Quarter of 2015

In this edition of Seyfarth Shaw’s Energy Insights Newsletter, our Energy and Clean Technologies team covers important developments in Q4 2015 for the energy industry including collateral tax benefits granted to YieldCos, the...more

Life Sciences Spotlight - Asia Pacific - Issue 6, 2015

Trends and developments in cyber security and data protection: Why pharma and life sciences companies should take action. Pharmaceutical and life sciences companies are increasingly the target of cyber-attacks and...more

Australian & NZ single patent examination: Soon you may not have a choice

A single trans-Tasman patent regime allows counterpart Australian and NZ patent applications to be examined by a single examiner in either country. It now emerges that such combined examination can be made compulsory by the...more

White House Announces Long-Awaited Trans-Pacific Partnership Agreement

The Obama administration released the full text of the Trans-Pacific Partnership (TPP) agreement, on November 5, kicking off a 90-day window for congressional review. The TPP would arguably be the largest free trade...more

US China Trade War

The October blog post will be broken up into two parts. This October 15th post will comment on the TPP Agreement signed today and well as President Xi Jinping’s recent trip to the US and my impressions from Beijing, China...more

Health Alert (Australia) - August 24, 2015

In This Issue: - Judgments; Legislation; and Reports. - Excerpt from Judgements: Victoria 17 August 2015 - Bourke v Coroners Court [2015] VSC...more

Around the (E-Discovery) APAC World in 80 Seconds

Although the Asia-Pacific (APAC) region is generally light on rules governing e-discovery, it transforms into a heavyweight contender when U.S. litigants must collect and review data there. With an accelerated rate of...more

Treasury Consultation Paper – Another Step Towards Crowd-Sourced Equity Funding

On 4 August 2015, the Treasury of the Australian Government released a consultation paper, facilitating crowd-sourced equity funding and reducing compliance costs (Consultation Paper). This follows the previous discussion...more

Guide To Doing Business In New Zealand: Personal Property Securities Register (Updated)

PERSONAL PROPERTY SECURITIES REGISTER - The Personal Property Securities Act 1999 (PPSA) came into force in New Zealand on 1 May 2002. At the heart of this legislation is the Personal Property Securities Register (PPSR)...more

Guide To Doing Business in New Zealand: Employment Laws (Updated)

EMPLOYMENT LAWS - TERMS AND CONDITIONS OF EMPLOYMENT - Terms and conditions of work performed by employees in New Zealand are governed by: • Legislation governing employment terms and working conditions,...more

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