Friday 25th June 2010 |
Text too small? |
A swift final consultation round will get under way next week as the Code Committee for Financial Advisers releases last discussion points following the passage, yesterday, of late changes to the Financial Advisers Act.
In particular, new regulations under the Act will now allow mortgage brokers and life insurance advisers to voluntarily opt into the authorisation regime.
Passage of the Act "provides the committee with sufficient certainty to be able to formally proceed with completing our task of developing the draft Code of Professional Conduct for Authorised Advisers," Code Committee chair, Ross Butler said.
The Code will also be used as the benchmark for entities and groups seeking to become Qualifying Financial Entities.
The committee would release an updated draft code next week, hold "a final series of quick, targeted consultation, including public forums in mid-July.
"Our objective is to have a draft Code available before the end of July for formal presentation to the Commissioner for approval," said Butler.
Businesswire.co.nz
No comments yet
TGG - Response to media speculation
ARB - Annual Meeting Date and Director Nominations
CNU - Q4 FY25 Connections Update
MOVE FY25 Results and Investor Briefing 29 August 2025
RYM - First quarter trading update
July 11th Morning Report
IKE Announces equity raising of A$20 million
Chorus full year results date
FPH 2025 Notice of Annual Meeting and Voting Form
July 10th Morning Report