Longer arm of the law

With the game-changing Financial Markets Conduct Bill (FMCB) expected to come into effect during 2014, directors of public issuers need to be aware of the significant changes that will increase their responsibilities and potential liability.

Not only will these changes affect directors, but they will also reshape the financial services industry's competitive environment. Directors who leave a response until then do so at their peril.

There are two main work streams directors need to address now in order to be prepared for these "once in a generation" changes:

1. Review the strategic impact of the FMCB upon your business
2. Ensure that management is ready to implement the necessary changes ... READ MORE

Released the NZ Herald - 8 May 2013 and by Minter Ellison - 13 May 2013