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Commerce Minister Simon Power today announced the reappointment of Mike Willing as a member and vice-chair of the governing board of the Joint Accreditation System of Australia and New Zealand (JAS-ANZ).

JAS-ANZ is responsible for overseeing a joint accreditation system that ensures safety and quality, and underpins environmental management schemes. As a trans-Tasman organisation, JAS-ANZ strengthens trade between New Zealand, Australia and other countries.

Commerce Minister Simon Power has released a discussion document aimed at making investing in KiwiSaver easier to understand for everyday investors.

The discussion paper outlines proposals that require retail KiwiSaver providers to report quarterly on key investment information, including:

Commerce Minister Simon Power today announced the establishment of a committee to conduct disciplinary proceedings arising out of complaints against authorised financial advisers.

“The aim of the Financial Advisers Act is to build confidence in the professionalism and integrity of financial advisers,” Mr Power said.

“A key part of that is making financial advisers accountable for the advice they give.”

Commerce Minister Simon Power has welcomed changes to a bill which enables greater co-operation between the Commerce Commission and its international counterparts.

Mr Power said the Commerce Commission (International Cooperation and Fees) Bill is particularly important to advancing the Single Economic Market Outcomes Framework announced by the New Zealand and Australian Prime Ministers in August last year.

New Zealand Commerce Minister Simon Power and Australian Parliamentary Secretary to the Treasurer David Bradbury today announced cross-appointments between the Australian Competition and Consumer C

Commerce Minister Simon Power leaves tonight on a four-day trip to Hong Kong and Singapore which is primarily focused on the financial sector.

Commerce Minister Simon Power today welcomed the Commerce Select Committee's changes to the Copyright (Infringing File Sharing) Amendment Bill.

Commerce Minister Simon Power says Cabinet has approved regulations which set out the details of disclosure statements required under the Financial Advisers Act 2008.

Commerce Minister Simon Power today announced the appointment of John Lumsden as a new member and chair of the Standards Council.

Commerce Minister Simon Power today announced that the Government will release a draft exposure bill on the criminalisation of cartels.

Commerce Minister Simon Power has announced the delegations for new Associate Commerce Minister John Boscawen.

Commerce Minister Simon Power today welcomed the appointment of Sean Hughes as chief executive-designate of the Financial Markets Authority.

Commerce Minister Simon Power is calling for public submissions on a discussion document on the securities trustees and statutory supervisors regulations which was released today.

Commerce Minister Simon Power today announced the appointment of Murray Jack to the Securities Commission.

The Government today placed into statutory management two wholly-owned subsidiaries of IHC New Zealand Incorporated, Commerce Minister Simon Power said today.

New Zealand's Minister of Commerce, Simon Power, the Australian Minister for Finance and Deregulation, Senator Penny Wong, and the Australian Parliamentary Secretary to the Treasurer, the Hon David

Two bills that are critical to rebuilding investor confidence in New Zealand's financial markets passed their first reading in Parliament today.

Cabinet has agreed for regulations to be developed to allow insurance advisers and mortgage brokers to be voluntarily authorised under legislation covering financial advisers.

Commerce Minister Simon Power today approved the Code of Professional Conduct for Authorised Financial Advisers.

The Government today placed into statutory management two further companies that hold assets on behalf of businesses associated with Mr Allan Hubbard, Commerce Minister Simon Power has announced.

Minister of Commerce, Simon Power, leaves for Australia this afternoon where he will be the first New Zealand Minister to meet members of the new Australian Government.

A bill that strengthens auditor regulation was introduced to Parliament today by Commerce Minister Simon Power.

A bill to improve the governance and management of retail KiwiSaver schemes was introduced to Parliament today by Commerce Minister Simon Power.

The Financial Markets Authority will have significant new powers under a bill introduced to Parliament today.