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Commerce

Associated Ministers

17 March, 2010

FINANCIAL SERVICE PROVIDERS (PRE-IMPLEMENTATION ADJUSTMENTS) BILL - First Reading Speech

Speech by Commerce Minister Simon Power

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15 March, 2010

Reappointment of chair of Testing Laboratory Registration Council

Commerce Minister Simon Power today announced the reappointment of Dr Robin Pratt as Chair of the Testing Laboratory Registration Council.

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9 March, 2010

Work fast-tracked to tighten up KiwiSaver regulation

Minister of Commerce Simon Power has asked officials to fast-track work to ensure the integrity of KiwiSaver is maintained for the 1.3 million people and $4.88 billion of their money invested in the scheme.

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2 March, 2010

Minister calls for submissions on Anti-Counterfeiting Trade Agreement

Commerce Minister Simon Power is calling for submissions on a range of intellectual property proposals in the digital arena to help develop the proposed Anti-Counterfeiting Trade Agreement (ACTA).

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26 February, 2010

Cabinet makes key decisions on finance sector laws

Cabinet has this week made key decisions about the implementation of the Financial Advisers Act and the Financial Service Providers Act which were both passed into law in 2008.

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24 February, 2010

Govt not introducing filing for large non-issuer companies

The Government has decided that large non-issuer companies will not be required to file their financial statements with the Registrar of Companies.

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23 February, 2010

Section 92A bill introduced to Parliament today

A bill repealing Section 92A of the Copyright Act will be introduced into Parliament today by Commerce Minister Simon Power.

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22 February, 2010

10th annual Competition Law and Regulatory Review Conference

Thank you, Brent, for the introduction and for welcoming me to the 10th Annual Competition Law and Regulatory Review Conference.

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18 February, 2010

Govt responds to capital market recommendations

Commerce Minister Simon Power today released the Government's action plan for responding to the Capital Market Development Taskforce report.

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17 February, 2010

First reading speech for Financial Service Providers (pre-implementation adjustments ) Bill

17th February - Speech by Commerce Minister Simon Power for first reading of the Financial Service Providers (pre-implementation adjustments ) Bill

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17 February, 2010

Changes for financial advisers pass first reading

A bill that simplifies the implementation of the Financial Advisers Act and reduces costs while encouraging public confidence in the industry passed its first reading in Parliament last night.

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15 February, 2010

Appointment to the Copyright Tribunal

Commerce Minister Simon Power has today announced the appointment of Peter Dengate-Thrush to the Copyright Tribunal for a term of five years.

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28 January, 2010

Commerce Commission chair reappointed

Dr Mark Berry has been reappointed as chair of the Commerce Commission, Commerce Minister Simon Power announced today.

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27 January, 2010

Cartels discussion document released

A discussion document that proposes options for the criminalisation of cartels was released for public consultation today.

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21 January, 2010

Minister looks at company registration process

Commerce Minister Simon Power has asked officials to provide advice to him on whether key aspects of company registration could be strengthened.

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16 December, 2009

Govt favours three-notice procedure for s92A

The Government favours a three-notice procedure to deal with illegal copying of material over computer networks, Commerce Minister Simon Power said today.

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16 December, 2009

Govt welcomes final report on capital markets

The Government will consider the recommendations of the Capital Market Development Taskforce's final report as a matter of priority, Commerce Minister Simon Power said today.

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15 December, 2009

Bill improves quality of corporate trustees' supervision

A bill that requires corporate trustees and certain statutory supervisors to be licensed was introduced to Parliament today by Commerce Minister Simon Power.

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14 December, 2009

New regulations for moratorium proposals

Debt issuers, including finance companies dealing with moratoria, will face tougher measures from 31 January next year, Commerce Minister Simon Power announced today.

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14 December, 2009

Securities Commission appointment

Shelley Cave has been appointed as a new member of the Securities Commission, Commerce Minister Simon Power announced today.

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10 December, 2009

Commerce Act deadline extended

The Commerce Commission has been given a six-month extension to finalise input methodologies under Part 4 of the Commerce Act, Commerce Minister Simon Power announced today.

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8 December, 2009

Amendments to Financial Advisers Act introduced

A bill that simplifies the implementation of the Financial Advisers Act and reduces costs while encouraging public confidence in the industry was introduced to Parliament today by Commerce Minister Simon Power.

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24 November, 2009

Minister in Australia to talk single economic market

Commerce and Justice Minister Simon Power is in Australia this week for talks with his Australian counterparts.

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18 November, 2009

Legal protection for NZ settlement systems

Legislation providing legal backing for settlement systems - a key part of the infrastructure underpinning New Zealand's financial markets - was passed by Parliament last night.

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5 November, 2009

Govt addressing concerns over financial advisers

Commerce Minister Simon Power acknowledged today that a mystery shopper exercise undertaken by Consumer NZ highlighted some serious deficiencies in the financial adviser industry.

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30 October, 2009

Insolvency Amendment Bill passed

A bill that prevents fraudulent debts from being written off was passed by Parliament last night, Commerce Minister Simon Power said today.

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23 October, 2009

Improved auditor regulation to be introduced

The Government is to introduce an improved auditor regulation which will apply to statutory audits in New Zealand, Commerce Minister Simon Power said today.

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21 October, 2009

Proposed fees for financial sector

A discussion document on fees regulations for financial service providers and financial advisers was released for public consultation today by Commerce Minister Simon Power.

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13 October, 2009

Remaking the Trans-Tasman World

Speech to the New Zealand Institute of International Affairs

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13 October, 2009

Government committed to single economic market

The Government's commitment to the ongoing development of the trans-Tasman single economic market (SEM) agenda was today outlined by Commerce Minister Simon Power.

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