Commission takes steps to ensure lenders know their obligations
Published on 17 November 2016
In September we held Lender Seminars in Auckland, Wellington and Christchurch to help lenders to be aware of their obligations. We presented on recent developments in law, our internal processes and external activities in the credit industry.
$600,000 returned to NZ trademark holders after Commission investigation
Published on 17 November 2016
The Commission worked with ANZ Bank to successfully return around $600,000 to trademark holders who were misled about the need to pay an invoice from Swiss company, TM Publisher (TMP).
Welcome from Brent Alderton - September 2016
Published on 21 September 2016
Welcome to our September edition of Bulletin.
Australia’s regulatory conference explores global issues
Published on 21 September 2016
The Australian Competition & Consumer Commission and Australian Energy Regulator’s annual regulatory conference was held in Brisbane last month, providing a valuable opportunity for us to discuss some of the key issues relevant to New Zealand with global experts.
Litigation update
Published on 21 September 2016
2016 continues to be a busy year for our legal team with 33 criminal and civil proceedings currently before the courts and an additional 10 cases approved internally for litigation.
Electricity sector assessed as Unfair Contract Terms project continues
Published on 21 September 2016
As part of an ongoing review of standard form consumer contracts we have now released a report detailing our findings in the energy retail sector.
Consultations update – IMs, telco and Orion
Published on 21 September 2016
A number of projects are currently in or just emerging from the consultation stage.
Welcome from Brent Alderton – July 2016
Published on 12 July 2016
Welcome to our July edition of Bulletin.
Guilty verdict for payday lender a reminder for reasonable fees
Published on 12 July 2016
Earlier this month, South Auckland payday lender Twenty Fifty Club Ltd and its sole director Gavin John Marsich were found guilty of 16 charges each in relation to their payday loan business.
Input methodologies review – draft decisions
Published on 12 July 2016
Over the past month we have published a significant amount of information on the input methodologies (IMs) review for businesses regulated under Part 4 of the Commerce Act.
