Recent developments

Financial advisers feel the heat
Nick Stride has reported that Australian financial planners are reeling after the big shake-up in their industry and that their New Zealand counterparts are feeling increasingly nervous about what's in store for them.

Corporate governance principles for New Zealand
The Securities Commission has given its report on Corporate Governance Principles for New Zealand to the Minister of Commerce.

UPDATE: Changes to International Accounting Standards
In the Summer 2003 issue of Financial Services Quarterly, we commented on standards issued by the International Accounting Standards Board. The two standards that relate to financial instruments are Standard 32:Disclosure and Presentation and Standard 39:Recognition and Measurement.

UPDATE: Clarification of directors' and officers' disclosure regime
Bell Gully has welcomed the Securities Commission's clarification of the application of the new disclosure regime for directors and officers of publicly listed companies, due to come into force on 3 May.

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.