JD Supra New Zealand
- JD Supra
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- Financial Law Insight - Financial Markets Consultation Tsunami to Herald in the New Year
2020 has started off with a hiss and a roar on the regulatory reform consultation front, with a Review of the Financial Markets Authority Funding and Levy settings released at the end of January and the Financial Market Infrastructures Bill and the Financial Markets (Conduct of Institutions) Amendment Bill both having their first readings in Parliament on 12 February. In the background, we also have some targeted consultation under way for the proposed Financial Markets Conduct (Regulated Financial Advice Disclosure) Amendment Regulations.
- NEW ZEALAND - A Legal Guide for Business Investment and Expansion (Updated)
Welcome to the 2019 edition of the Meritas Legal Guide for Business Investment and Expansion in New Zealand. New Zealand is a land of opportunity for foreign investors and those wanting to conduct business in the country. Globally successful in a number of key industries, such as resources, agribusiness, financial services, education and tourism, the nation’s diverse economy is expanding and producing globally significant research, innovation and development. With strong economic and cultural ties and a strategic location in the growing Asia-Pacific region, New Zealand’s low-risk business environment hosts a diverse and highly skilled workforce. To assist foreign investors and businesses operate to their full potential in New Zealand, the New Zealand firms in the global legal network Meritas is proud to present this guide. Designed to provide practical and useful insights into the 10 most common questions facing foreign investors and businesses wanting to operate in New Zealand, this guide will consider... Please see full Guide below for more information.
- New Zealand Privacy Commissioner: Companies Need To Be Fully Transparent About Data Processing
Click to accept – not always good enough, says the New Zealand Privacy Commissioner. Companies need to be fully transparent about their data processing practices and take steps to ensure that this is conveyed to the individuals.
- Littler Global Guide - New Zealand - Q2 2019
Workplace Changes for Workers in the Screen Industry Proposed Bill or Initiative - Key changes in New Zealand’s workplace relations for the screen sector workers are set to be implemented soon. The New Zealand government has commenced drafting the legislation at the start of June 2019; the law is expected to be passed in mid-2020. The proposed changes aim to clarify whether or not screen sector workers are entitled to employment rights including collective bargaining.
- New Zealand: Critical Employment Law Changes
New Zealand employers should be aware that there are several significant legislative changes to the Employment Relations Act 2000 (the Act) taking effect this spring. This article briefly reviews key amendments that recently took effect, or take effect today. We also highlight potential changes to privacy laws in New Zealand.
- Establishing A Business Entity In New Zealand
TYPES OF BUSINESS ENTITIES - There are various entities available in New Zealand from which a business can be operated. The most commonly adopted entities are: 1. Company (including Incorporated Joint Venture (JVC)) 2. Partnership 3. Limited Partnership (LP) 4. Unincorporated Joint Venture (JV) 5. Trading Trust. Each has its advantages and disadvantages, and each pose different obligations and requirements, both from a regulatory perspective and an internal perspective.... Please see full Chapter below for more information.
- New Zealand Privacy Bill Would Add Authorization and Data Breach Notification Requirements
As a proposed Privacy Bill works its way through the New Zealand Parliament, key changes aim to strengthen the protection of confidential and personal information.
- A Global Roadmap To Personal Data Protection: Asia Pacific, Europe & USA - New Zealand
The protection of personal information is seen as important in New Zealand with robust privacy laws which are generally observed and enforced. New Zealand privacy laws were traditionally seen as “adequate” under the European Union’s 1995 Data Protection Directive, however with the advent of the GDPR, New Zealand now lags behind the EU. Consequently, New Zealand’s privacy laws are under review with changes designed to ensure that New Zealand is aligned with the EU and other major trading partners likely to come into force next year. Please see full Chapter below for more information.
- New Zealand Moves to Streamline Procedure for Employee Equal Pay Claims
The New Zealand Government recently introduced the Equal Pay Amendment Bill, which aims to enable women to lodge pay equity claims more easily. If enacted, the new law would impose certain obligations on an employer that receives an equal pay claim from an employee.
- IP: Lock & Key
Registration of a trade mark is the first step in protecting a brand. However, it is also important for brands to keep a watch on competitors and oppose applications to register marks which are similar to their brands. This was highlighted in a recent New Zealand case involving Australian handbag and accessories business Mimco. Originally published in Ragtrader - June 2018. Please see full publication below for more information.
- Guide To Doing Business In New Zealand: Entry Into New Zealand
ENTRY TO NEW ZEALAND - A visa or permit is not required to visit New Zealand if the visitor is an Australian citizen, British citizen, or a citizen of a country which has a visa waiver agreement with New Zealand (entitles up to a three-month visit). New Zealand has visa...
- Environment: The Concept of Legal Personality – From Companies to Natural Entities?
New Zealand’s Parliament has just passed a bill to enable the Whanganui River to be recognised as a legal person. It will now be represented by two nominees: one appointed by the Maori community (or Iwi), and another appointed by the government....
- Sweeping Workplace Changes in New Zealand
On April 1, 2011, the Government’s Employment Relations and Holiday Act went into effect, setting forth several key workplace changes for employers with operations in New Zealand. This article will discuss the practical issues that employers must focus on while implementing the requirements of this ...
- Guide To Doing Business In New Zealand: Exchange Control
EXCHANGE CONTROL - Currency movements in and out of New Zealand are subject to certain controls. The Anti-Money Laundering and Countering Financing of Terrorism Act 2009 imposes restrictions on transfer of money to detect and deter money laundering and the financing of...
- New Zealand Looking Set to Implement Domestic Violence Reform
A bill aimed at enhancing protections for victims of domestic violence in New Zealand has received strong cross party support this year. This means that the proposed changes, including a number of changes relating to employment, are likely to be enacted in 2018....
- Red Notices: How Member Countries React to Finding Red Notice Subjects
While people who are the subject of Red Notices may be arrested when they encounter law enforcement officials with knowledge of the outstanding Red Notice, the fact is that a Red Notice is not an arrest warrant. Although some of INTERPOL's member countries treat a Red Notice as ...
- Guide To Doing Business in New Zealand: Employment Laws
EMPLOYMENT LAWS - TERMS AND CONDITIONS OF EMPLOYMENT - Terms and conditions of work performed by employees in New Zealand are governed by: • Legislation governing employment terms and working conditions, including legislation...
- New Zealand Expands Parental Leave Rights One Month Too Late for PM and Partner
New Zealand’s Prime Minister Jacinda Ardern and partner Clark Gayford are expecting their first child in June 2018, just shy of the July 1 effective date of a new law extending the period of paid parental leave from 18 to 22 weeks. The Parental Leave and Employment Protection Amendment Bill, passed ...
- Variations in Treatment of Red Notice Subjects from Member Country to Member Country
A reader posted a question recently in response to a previous post about the manner in which INTERPOL member countries respond to locating a Red Notice subject. The reader specifically asked whether Red Notice subjects would be arrested in every member country upon their arrival to the country.
- Contracting Across The Tasman
When businesses decide to venture across the Tasman to set up a new Australian or New Zealand based office, it is sometimes in the belief that the easiest and best option is to start by engaging contractors. Employers can be forgiven for thinking that this would be preferable to getting to grips...