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Business Payment Practices Act repealed 08 March 2024

The Government has repealed the Business Payment Practices Act 2023.

Regulating companies and other entities Business
Government signals intention to repeal Business Payment Practices Act 2023 22 February 2024

The Government has today announced plans to repeal the Business Payment Practices Act 2023.

Business
Reducing barriers for financial services 01 February 2024

On 31 January 2024, the Government announced plans to reform the Financial Markets (Conduct of Institutions) Amendment Act (CoFI) and the Credit Contracts and Consumer Finance Act (CCCFA).

Financial markets and advisers Competition regulation
Repeat offender permanently banned by Registrar of Companies 23 November 2023

Raymond Anthony Andrews permanently prohibited from management of a company.

Regulating companies and other entities
New Grocery code of conduct mandatory for suppliers 11 September 2023

The Government announced a new mandatory Grocery Supply Code of Conduct supporting fairer trading relationships last week.

Competition regulation
Business payments regime passes into law 21 July 2023

A new Bill designed to reduce the stress and costs to small businesses of long payment wait times has passed its third reading on the 19 July.

Business
Consultation opens on anti-competitive land agreements 13 July 2023

The Ministry of Business, Innovation and Employment (MBIE) has opened consultation on a review into anti-competitive land agreements across the wider economy.

Competition regulation Building and construction regulation Economic Development
MBIE announces banking services panel 05 July 2023

The New Zealand Government Procurement (NZGP) branch of the Ministry of Business, Innovation and Employment (MBIE) has today announced an updated All-of-Government (AoG) panel providing a range of banking services to government agencies until 30 June 2027.

Financial markets and advisers
Practical information to improve regulation in an inter-connected world 03 July 2023

The Ministry for Business, Innovation and Employment has launched an online toolkit for people designing and implementing regulation about how international regulatory cooperation works in practice.

Trade Regulatory systems
Government announces market study into personal banking services 20 June 2023

Today the Government has announced that it will ask the Commerce Commission (the Commission) to undertake a market study into competition in New Zealand’s personal banking sector.

Financial markets and advisers Consumer protection

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