Sanna specialises in funds management, financial services regulation and securities law, advising banks, asset managers and corporates on issues within the financial services sector.
Sanna joined Chapman Tripp in November 2013 following over two years as a senior in-house counsel at Société Générale Private Banking in London. Prior to that, Sanna was an associate in the asset management team at an international lawfirm, Norton Rose Fulbright, in London. She held this position for over five years and advised clients on the establishment of retail investment funds and hedge funds, and assisted in both corporate and investment fund IPOs. Sanna has also previously worked for a leading Finnish law firm in Helsinki.
Sanna advises on the full range of legislation affecting financial service providers, including the Securities Act, Financial Markets Conduct Act, Anti-Money Laundering and Countering Financing of Terrorism Act, Financial Advisers Act, Financial Service Providers (Registration and Dispute Resolution) Act and Insurance (Prudential Supervision) Act.
Sanna has advised:
- various financial sector participants on the impact of the Financial Markets Conduct Act 2013 and associated regulations and guidance, including advising on the new licensing requirements; financial reporting requirements for financial service providers; assisting clients in their transition to FMCA, and assisting in submissions on the financial markets conduct regulations
- custodians and brokers both in New Zealand and offshore in relation to providing custody and broking services in
- overseas insurers on the Insurance (Prudential Supervision) Act 2010, including matters of solvency and statutory fund aspects of the regime
- various offshore financial service providers on carrying on business in New Zealand, including advising on offering overseas financial products to New Zealand wholesale and retail investors; registration as a financial services provider; obtaining futures dealing authorisation and obligations under the financial adviser and anti-money laundering regimes, and
- on investment management agreements, fund distribution agreements, wealth management client services agreements, and custody agreements.