If you are able to file your annual return or annual confirmation on time, we would encourage you to do so. However, for the foreseeable future, we will not be taking any enforcement action, or removing entities from our registers, should they fail to submit their annual returns on time.
We appreciate that these are challenging times for everyone, and that circumstances related to COVID-19 may be affecting your ability to meet your legal and procedural obligations as an incorporated society over the coming months.
The Registrar of Companies has published minimum standards, conditions and requirements for ongoing competence for the licensing of insolvency practitioners, and minimum standards for the accreditation of bodies, after a period of public consultation.
The New Zealand Credit & Finance Institute (NZCFI) are running a workshop in Wellington concentrating on the legal aspects of the Personal Property Securities Act (PPSA) and its application in the PPSR system.
In December 2019, the first e-Invoice was exchanged between New Zealand businesses using the global, standards based framework – Peppol, setting the scene for billions of dollars in business transaction savings each year.
Public consultation is now open on the discussion document for implementation of the Insolvency Practitioners Regulation Act 2019: Proposed standards, conditions & policies for accredited bodies. This runs until 7 February 2020.
Public consultation has begun on the discussion document for implementation of the Insolvency Practitioners Regulation Act 2019 — Proposed minimum standards and conditions for the licensing of insolvency practitioners.
Morgan DeVere Corporate Finance Limited has been fined $40,000 following its conviction at the Wellington District Court on two charges of breaching the Financial Services Providers (Registration and Dispute Resolution) Act 2008.
The Financial Markets Authority has obtained a conviction against Morgan DeVere Corporate Finance Limited (Morgan DeVere) for falsely claiming it was registered on the Financial Services Providers Register (FSPR).