NZ's proposed reform of the Collective Investment Scheme regime

This article, authored by Emma Harding, was first published in BNA International's World Securities Law Report in September 2010.

Significant change to the regulation of collective investment schemes (CISs) may flow from the recently launched Securities Law Review.  They get their own chapter in the Ministry of Economic Development’s (MED’s) 200 page discussion document and are the subject of 45 questions for consultation.

This article summarises the areas marked for reform and identifies some potential issues. 

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Related topics: Funds, KiwiSaver & superannuation; Collective investment schemes; Financial services regulation

Financial services regulation; Funds, KiwiSaver & superannuation

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