Jim McElwain is joining INFINZ as its new Executive Director.

The Reserve Bank have released a consultation paper on the implementation of Basel III capital adequacy requirements in New Zealand

Subject: Financial Markets Conduct Bill

Date: 6th September 2011

After a successful Conference, some presentations will be made available to those who attended.  Please contact Kim Whiteman on events@infinz.com for further information.

Conference Agenda

A list of presentations as they become available now listed.

The discussion document considers a range of potential changes to the fees and levies that fund the institutions that regulate New Zealand’s corporate environment and financial markets.

Capital markets specialist Craig Stobo has been appointed chair of the establishment board for the proposed Local Government Funding Agency (LGFA.).

Click here for more details.

Congratulations to the winners of the 2011 INFINZ Annual Awards.

Please click here for a complete list.

Established by Cabinet in March 2010 to look at the benefits of establishing a funds domicile and investigate the broader financial services opportunities for New Zealand.

Paul Hocking, after nine years, has resigned from INFINZ.

For a list of the 2011 INFINZ Awards Finalists, please click here.

The Cabinet Paper addressing the policy behind the proposed review of securites laws has been released.  INFINZ will now begin an intensive review process utilising the Working Group it established in 2010 to address the review of securites laws.  The proposed timetable should see new securities law enacted by the ned of 2012

The response to the call for nominations in the various INFINZ Awards is very pleasing and the outcomes should prove to be very interesting.  The number of nominations is high.

There has been media coverage given to dissatisfaction in some quarters with the provisions of the Financial Markets (Regulators and Kiwisaver) Bill. INFINZ made a submission on 9 November which is broadly supportive of the Bill.

Eighteen new members bring the number of industry professionals who are members of INFINZ to a new peak

The Reserve Bank today released a consultation paper on the introduction of a regulatory framework for the development of covered bond programmes by New Zealand banks

Advocacy work currently being undertaken by INFINZ addresses the Financial Markets Authority and the Savings Working Group

The Group of Governors and Heads of Supervision, the oversight body of the Basel Committee on Banking Supervision, has announced a substantial strengthening of existing capital requirements that would see the minimum common equity requirement increase from 2 percent to 4.5 percent.

The workshops arranged by INFINZ where members of the industry can join with their peers and officials from the Ministry of Economic Development to ‘stress test’ the wording of the wholesale carve-out within the Financial Advisers Act 2008 have proven to be very useful to all concerned.

It has been announced that the introduction of new Securities laws arising from the review of the Securities Act and Securities Markets Act will be delayed until 2012 rather than in 2011.