News & Insights
Increased transparency of beneficial owners of companies and limited partnerships on the horizon for 2023
Significant changes to the corporate governance disclosure rules were proposed last year and a draft bill is expected to be released in mid 2023. These changes are intended to improve the transparency of beneficial ownership of companies and limited partnerships, and signal a major departure from the long-standing ability of these beneficial owners to remain anonymous.
FMA indicates greater enforcement ahead for 2023; a reminder of recent FMA warnings and guidance in the “eligible investor” space
Keynote speeches from the recent Financial Services Council Outlook in January 2023 from the Financial Markets Authority noted imminent changes to its enforcement regime with more effective, efficient intervention and a greater willingness to take enforcement action. We summarise what this means for "eligible investors" and self-certification for property investments, with the FMA expecting a higher level of compliance in this space.
- Resource Management
Wetlands: Sizeable sentencing penalties despite no direct evidence of ecological damage
The ecological importance of wetlands continues to be reflected in effluent discharge sentencing decisions. In this article we summarise a case where effluent was discharged to a man-made wetland and how the Court approached sentencing.
- TP Updates
Tavendale and Partners feature in Canterbury's Latitude Magazine
"Twenty-one years ago, Mark Tavendale had a vision to do things differently in the law sector – an ethos that called for fresh, innovative and personalised problem solving, and prioritising the wellbeing of their team." TP was featured in the Oct/Nov issue of Latitude, Canterbury's own lifestyle magazine, discussing our growth from a team of six to now over seventy staff.
Legal quarrel? Don’t rest on your laurels!
If you believe that you have a legal claim, New Zealand law requires that you actively take steps to pursue it within a defined period of time. If you fail to do so, the claim cannot proceed. This is known as the limitation period. So how long do you have to make a claim?
- TP Updates
CEO Gemma Wragg wins ALPMA Future Leader Award
TP's CEO Gemma Wragg was announced as the winner of the Future Leader Award at the 2022 Australasian Legal Practice Management Association.
Significant Changes to the Incorporated Societies Legislation
Clubs and other not-for-profit groups be aware: recent changes to incorporated societies legislation will require all clubs and not-for-profit organisations to review their rules and seek specialist advice to ensure they remain compliant, and all will need to re-register with the Registrar of Incorporated Societies.