Our Expertise
For All Areas
Finance Regulation
We provide specialist advice on the regulation and supervision of the financial sector.
We regularly advise banks and other financial institutions, investment banks, investment advisers and brokers, corporates, and government and quasi-government bodies on all areas of financial services regulation.
Areas on which we have provided expert advice include durable compliance by registered banks with their conditions of registration, compliance with the prudential supervision standards applicable to banks and non-bank deposit-takers, the regulation of trustee companies, the application of securities laws to financial institutions and trustee companies, the regulation of financial service intermediaries (including investment advisers' and brokers' licensing, disclosure, and conduct obligations), the regulation of consumer financial services, and countering money laundering and terrorism financing.
We also assist our clients to develop compliance procedures, appropriate documentation, and compliance training programmes.
Our Experience
- Advice to Australasian banks on their conditions of registration and adherence to the Reserve Bank's prudential supervision standards
- Advice to an Australasian bank on changing its New Zealand operating model
- Advice to finance companies on the non-bank deposit-taker regime
- Advice on New Zealand's anti-money laundering legislation, including its applicability to a United States bank providing global electronic payment services
- Advice on compliance of banks' terms and conditions with the Code of Banking Practice
- Advice on compliance with the Credit Contracts and Consumer Finance Act, including a lender's disclosure obligations and permitted finance costs
- Advice on the regulation of over-the-counter and embedded derivatives in New Zealand
- Advice on cross-border security deposit, custody, and settlement arrangements
- Advice on regulatory issues relating to the establishment and operation of an online brokerage service
