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Financial Services Quarterly
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Bell Gully's submission to Securities Commission's consultation on corporate governance principles
In the wake of Enron, corporate governance has been a hot topic throughout the corporate world - and New Zealand is no exception.
In September, the Securities Commission launched a national consultation process to establish consensus around a set of principles for corporate governance in New Zealand.
As part of this process, Bell Gully's corporate team prepared a detailed submission and letter for the Commission on the nine key issues identified for consultation:
- Ethical conduct
- Board composition and performance
- Board committees
- Reporting and disclosure
- Remuneration
- Risk management
- Auditors
- Shareholder relations
- Stakeholder interests
Submissions closed in November and the Commission expected to report its findings to the Minister of Commerce by the end of February.
Enquiries and information
For more information on any of the cases, articles and features in Financial Services Quarterly, please email Rachel Gowing or call on 64 9 916 8825.
Disclaimer
This publication is necessarily brief and general in nature. You should seek professional advice before taking any action in relation to the matters dealt with in this publication.
