Bell Gully

NZ First's 'woke banking bill' could represent a significant incursion into the contract between financial institutions and their customers, Bell Gully suggests

NZ First's 'woke banking bill' could represent a significant incursion into the contract between financial institutions and their customers, Bell Gully suggests

Bell Gully's Richard Massey & Ravi Maharaj provide an update on the Consumer Data Right following a key Select Committee report

Bell Gully's Richard Massey & Ravi Maharaj provide an update on the Consumer Data Right following a key Select Committee report

Bell Gully's Blair Keown identifies seven key questions in the 'fit for purpose financial services conduct regulation' consultation

Bell Gully's Blair Keown identifies seven key questions in the 'fit for purpose financial services conduct regulation' consultation

IAG New Zealand’s successful appeal overturns Tribunal’s push for expanded insurer responsibilities in home insurance claims, with Bell Gully highlighting the significance of the judgment

IAG New Zealand’s successful appeal overturns Tribunal’s push for expanded insurer responsibilities in home insurance claims, with Bell Gully highlighting the significance of the judgment

Financial institutions must report cyber incidents to the RBNZ; can decide themselves if they're 'material'

Financial institutions must report cyber incidents to the RBNZ; can decide themselves if they're 'material'

MBIE highlights where it sees lenders' interpretation and implementation of credit contracts and consumer finance regulations as too onerous and restrictive

MBIE highlights where it sees lenders' interpretation and implementation of credit contracts and consumer finance regulations as too onerous and restrictive

Will changes to credit contracts and consumer finance laws lead to a government-induced credit crunch or protect borrowers from predatory lending?

Will changes to credit contracts and consumer finance laws lead to a government-induced credit crunch or protect borrowers from predatory lending?

Government officials warn well-resourced property owners, resident associations and developers may use covenants to limit intensification; Say 'further intervention' could be considered

Government officials warn well-resourced property owners, resident associations and developers may use covenants to limit intensification; Say 'further intervention' could be considered

Parties seeking to sell or issue shares should be emboldened by the fact that doing so will now be far less likely to result in the forfeiture of prior year tax losses

Parties seeking to sell or issue shares should be emboldened by the fact that doing so will now be far less likely to result in the forfeiture of prior year tax losses

The Reserve Bank says it will address recommendations from the Financial Action Task Force 'to the extent feasible' within the scope of its government funding agreement

The Reserve Bank says it will address recommendations from the Financial Action Task Force 'to the extent feasible' within the scope of its government funding agreement

A recent Supreme Court decision will change the nature and impact of class actions in New Zealand, with consequences for consumers, investors, corporates, litigation funders and insurers

A recent Supreme Court decision will change the nature and impact of class actions in New Zealand, with consequences for consumers, investors, corporates, litigation funders and insurers

Top courts confuse with starkly differing positions, leaving directors with personal liabilities over issues even judges can't agree on. "Perfectly sensible business decisions" tossed in favour of legal niceties and after-the-fact perspectives

Top courts confuse with starkly differing positions, leaving directors with personal liabilities over issues even judges can't agree on. "Perfectly sensible business decisions" tossed in favour of legal niceties and after-the-fact perspectives

Bell Gully's Simon Watt and Kate Redgewell say mandatory climate-risk reporting for the financial sector will be a relatively big shift for a number of organisations

Bell Gully's Simon Watt and Kate Redgewell say mandatory climate-risk reporting for the financial sector will be a relatively big shift for a number of organisations

Bell Gully poses the question of whether NZ will follow Australian move to ease responsible lending rules as Morgan Stanley assesses the impact of the move on the parents of NZ's big four banks

Bell Gully poses the question of whether NZ will follow Australian move to ease responsible lending rules as Morgan Stanley assesses the impact of the move on the parents of NZ's big four banks

From the latest court ruling, businesses are advised to review their standard-form contractual terms to ensure they are fair and transparently presented; and front-foot the upcoming expansion of the UCT regime to some B2B contracts

From the latest court ruling, businesses are advised to review their standard-form contractual terms to ensure they are fair and transparently presented; and front-foot the upcoming expansion of the UCT regime to some B2B contracts

Bell Gully's Richard Massey and Timothy Shiels summarise the extensive additional changes proposed to the Credit Contracts and Consumer Finance Act by Parliament's Finance and Expenditure Committee

Bell Gully's Richard Massey and Timothy Shiels summarise the extensive additional changes proposed to the Credit Contracts and Consumer Finance Act by Parliament's Finance and Expenditure Committee

Changes to the Commerce Act to address anti-competitive behaviour could be one step closer as MBIE prepares policy advice for the Government

Changes to the Commerce Act to address anti-competitive behaviour could be one step closer as MBIE prepares policy advice for the Government

Government's proposed conduct licensing regime for financial service providers features a high-level fair treatment standard across all retail customer related parts of their business

Government's proposed conduct licensing regime for financial service providers features a high-level fair treatment standard across all retail customer related parts of their business

Bell Gully's Richard Massey takes a look at what ASIC's loss in a landmark responsible lending case against Westpac means for New Zealand lenders

Bell Gully's Richard Massey takes a look at what ASIC's loss in a landmark responsible lending case against Westpac means for New Zealand lenders

Bell Gully's David Craig details how a new bill gives regulators sweeping crisis management powers over financial market infrastructures deemed to be systemically important, mirroring powers the RBNZ has over banks

Bell Gully's David Craig details how a new bill gives regulators sweeping crisis management powers over financial market infrastructures deemed to be systemically important, mirroring powers the RBNZ has over banks

Will a new digital services tax backfire? Is it an 'ugly tax' that will bite some local companies hard, despite being aimed at tax-avoiding FAANGS? Should we worry about potential US retaliation? LawNews investigates

Will a new digital services tax backfire? Is it an 'ugly tax' that will bite some local companies hard, despite being aimed at tax-avoiding FAANGS? Should we worry about potential US retaliation? LawNews investigates

The enforcement of e-commerce terms and conditions have not been tested in New Zealand courts yet. Can firms bind online customers with such terms, and how will 'fairness' standards apply?

The enforcement of e-commerce terms and conditions have not been tested in New Zealand courts yet. Can firms bind online customers with such terms, and how will 'fairness' standards apply?

The Law Commission dusts off a review of class actions and litigation funding after getting a green light from Minister of Justice Andrew Little to resume stalled project

The Law Commission dusts off a review of class actions and litigation funding after getting a green light from Minister of Justice Andrew Little to resume stalled project

Bell Gully says New Zealand business needs to accept the growing impact of climate change 

Bell Gully says New Zealand business needs to accept the growing impact of climate change 

Company with a website where access is by invitation only, that claims to both manage US$11 bln of oil & gas assets & have expertise in blockchain technology, eyes NZX IPO

Company with a website where access is by invitation only, that claims to both manage US$11 bln of oil & gas assets & have expertise in blockchain technology, eyes NZX IPO