Submissions

Caught in the crossfire: how proposed tax reforms could undermine NFPs and gover...

Proposed tax changes risk weakening not-for-profit boards and governance capability across New Zealand.

Capital markets reform submission supports reassessment of liability provisions

A significant aspect of these reforms centred on the climate-related disclosures (CRD) regime, with a focus on director liability.

• Climate change
• Reporting

Strengthening governance requirements within the Local Government (Water Service...

Independent governance is going to be the linchpin for success of the new water organisations.

New Zealand’s future productivity to 2050

We have provided a governance perspective to MBIE and MFAT for a strategic review of trends in productivity.

• Productivity

Strengthening the health and safety system to support governance

IoD proposes changes to clarify governance roles, promote accountability, and balance enforcement and guidance in the H&S system.

Support for removing directors' home addresses on the Companies Register

• Due diligence
• Privacy

Submission on climate-related disclosures timing challenges

A proposed one-month exemption to the existing climate statement disclosure timeframe is a good step, but may not be a step far enough.

• Climate change
• Reporting

Submission on the Future for Local Government draft report

Directors play a key role in local government and local governance through CCOs, port companies, independent appointments and more.

• Public sector

Submission on Assurance over Climate-related Disclosures

Occupational regulation and expanding the scope of assurance.

• Climate change
• Reporting

Submission on the Business Payment Practices Bill

We applaud this Bill as a response to the concerns raised by small businesses, but suggest better adherance to governance best practice.

• Director duties
• SME

Submission on the Companies (Directors Duties) Amendment Bill

While we support the Bill’s intentions there are options that may better address its objectives.

• Director duties
• Future-proofing
• Shareholders

IoD submission on the Charities Amendment Bill 2022

Our submission addresses three key areas.

• Accountability
• Director duties
• Not for profits

IoD submission on the parliamentary term

The IoD supports a move to a four year parliamentary term.

• Leadership
• Public sector

NZX corporate governance code review

IoD supports NZX’s reviews of its Corporate Governance Code, ESG Guidance Note, and Capital Raising Settings and Listing Options.

• ESG
• NZX
• Reporting

XRB consultation on Climate-related Disclosure Standards Exposure drafts

IoD supports governance, strategy and risk elements of XRB climate-related disclosure standards.

• Climate change
• ESG
• Risk oversight

Submission on the Future of Business

IoD has submitted on MBIE’s consultation paper: The future of business for Aotearoa New Zealand.

• ESG
• Purpose
• Transparency

Submission on Modern Slavery

IoD has submitted on MBIE’s set of proposals to help prevent modern slavery and worker exploitation.

• ESG
• Ethics
• Human rights

Submission on Aotearoa New Zealand Climate Standard 1: Climate-related Disclosur...

We continue to support the XRB's approach to developing climate-related disclosure standards.

• Accountability
• Climate change
• Director duties

Submission on NZX Corporate Governance Code

The NZX has been seeking feedback on the scope of the proposed review of the NZX Code.

• NZX
• Reporting

Submission on class actions and litigation funding

The Law Commission is undertaking a first principles review of class actions and litigation funding in New Zealand.

• Accountability
• Director duties
• Insurance

Submission on Aotearoa New Zealand Climate Standard 1: Climate-related Disclosur...

IoD has submitted on the XRB's consultation on the first stage of their development of climate-related disclosure standards.

• Accountability
• Climate change
• Director duties

Submission to Minister on the Crown Minerals Amendment Bill

The IoD raises concerns about the proposed director liability regime.

• Director duties
• Liability

Proposed financial reporting exemptions

FMA is considering introducing relief  for insolvent Financial Market Conduct reporting entities

• Director duties
• Reporting

Further consultation on modernising the Charities Act 2005

The DIA has published three consultation papers for targeted stakeholder feedback on initial options for modernising the Charities Act 2005.

• Accountability
• Director duties
• Not for profits

Submission on the Incorporated Societies Bill

The IoD welcomes efforts to modernise the legal framework for incorporated societies.

• Conflict of interests
• Director duties
• Not for profits

Submission on the Financial Sector (Climate-related Disclosures and Other Matter...

The Bill mandates climate-related disclosures by certain FMC reporting entities.

• Climate change
• Director duties
• ESG

Submission on strengthening body corporate governance

The IoD submitted on the Unit Titles (Strengthening Body Corporate Governance and Other Matters) Amendment Bill.

• Accountability
• Conflict of interests
• Director duties

Submission on class actions and litigation funding

The Law Commission is undertaking a first principles review of class actions and litigation funding in New Zealand.

• Accountability
• Director duties
• Insurance

Submission on IFRS Foundation’s consultation paper on sustainability reporting

The IFRS Foundation have published a consultation paper to identify the demand in the area of sustainability reporting.

• ESG
• Reporting

Submission on Phase 2 of the Reserve Bank Act review - consultation 3

Phase 2 of the Reserve Bank Act Review is a broad review of the Reserve Bank’s governance and accountability framework and its financial…

• Accountability
• Compliance
• Director duties

Submission on Phase 2 of the Reserve Bank Act review - consultation 2

The Institute of Directors’ submission on Phase 2 of the Reserve Bank Act review - Consultation 2.

• Public sector

Submission on the Financial Markets (Conduct of Institutions) Amendment Bill

The IoD supports the intent of the Bill to improve culture and conduct in financial institutions in New Zealand.

• Accountability
• Conduct
• Director duties

Emergency petition to empower directors to govern in extraordinary times

The IoD urges the government to provide interim relief from personal liability (under the Companies Act 1993) where an organisation is…

• Liability

Feedback on the Sustainable Finance Forum’s Interim Report

The Sustainable Finance Forum’s Interim Report summarises why New Zealand needs to shift to a sustainable economy and sets out priority…

• Purpose
• Reporting
• Stakeholders

Submission on the Education and Training Bill

The Education and Training Bill (Bill) replaces all major existing education and training legislation. Our submission focuses on provisions…

• Accountability
• Director duties
• Not for profits

Submission on climate-related financial disclosures

The IoD recognise the importance of climate-related financial disclosure and agree that the TCFD recommendations would be appropriate in NZ.

• Climate change

Submission on addressing temporary migrant worker exploitation

IoD support the goal and objectives of the Temporary Migrant Exploitation Review being carried out by MBIE.

• Future-proofing

Submission on the Productivity Commission’s draft report into local government f...

The Institute of Directors’ submission on the Productivity Commission’s draft report into local government funding and financing.

• Public sector

Submission on the Climate Change Response (Zero Carbon) Amendment Bill

The Institute of Directors’ submission on the Climate Change Response (Zero Carbon) Amendment Bill.

• Climate change

Submission on the Credit Contracts Legislation Amendment Bill

Institute of Directors' submission on the Credit Contracts Legislation Amendment Bill.

• Compliance
• Liability

Feedback on Capital Markets Review

Institute of Directors' feedback on the Capital Markets Review.

Submission on conduct of financial institutions options paper

Institute of Directors' submission on conduct of financial institutions options paper.

• Conduct
• Director duties
• Liability

Submission on the technological change and the future of work

Institute of Directors' submission on the technological change and the future of work.

• Digital
• Future-proofing

Submission on Extended External Reporting Assurance

Institute of Directors' submission on Extended External Reporting Assurance.

• Audit
• Reporting

Submission on modernising the Charities Act

The Institute of Directors' submission on modernising the Charities Act.

• Not for profits

Submission on the report by the Tomorrow’s Schools Independent Taskforce

The Institute of Directors' submission on the independent taskforce's report on the Tomorrow's Schools' review.

• Public sector

Submission on the Reform of Vocational Education

The Institute of Directors' submission on the Government's consultation discussion document on vocational education reform.

• Public sector

Submission on Phase 2 of the Reserve Bank Act Review

Institute of Directors' submission on the Treasury's consultation document on the Reserve Bank Act 1989 review phase 2.

• Board composition
• Public sector

Submission on the review of the Protected Disclosures Act 2000

The Institute of Directors' submission on the State Services Commission's discussion document on the Protected Disclosures Act 2000 review…

• Conduct

Submission on draft NZX Guidance Notes

The Institute of Directors' submission on the NZX draft guidance notes consultation.

• NZX

Submission to the Tax Working Group on the proposal to introduce director person...

The Institute of Directors' submission on the Tax Working Group's proposal to introduce director personal liability for PAYE and GST…

• Liability

Submission on the reform of the State Sector Act 1988

The Institute of Directors' submission on the State Services Commission's discussion document on the proposed reform of the State Sector…

• Public sector

How scheduler payment rules apply to non-resident directors’ fees

The Institute of Directors' submission on the Inland Revenue's exposure draft on how scheduler payment rules apply to non-resident…

Companies (Clarification of Dividend Rules in Companies) Amendment Bill

The Institute of Directors' submission on the Companies (Clarification of Dividend Rules in Companies) Amendment Bill.

• Shareholders

Increasing the transparency of beneficial ownership of companies and limited par...

The Institute of Directors' submission on increasing the transparency of the beneficial ownership of New Zealand companies and limited…

Submission on publishing directors’ residential addresses

The Institute of Directors' submission to MBIE on the future of publishing directors’ residential addresses on the Companies Register.

Submission on the review of the ASX Corporate Governance Council’s Principles an...

The Institute of Directors' submission on the ASX Corporate Governance Council's consultation draft updating its Principles and…

Submission on the development of the Zero Carbon Bill

The Institute of Directors' submission on the Ministry for the Environment's discussion document on the development of the Zero Carbon Bill.

• Climate change

Submission on the exposure draft of the NZX Listing Rules

The Institute of Directors' submission on the exposure draft of the NZX Listing Rules.

• NZX

Submission on the Privacy Bill

The Institute of Directors' submission on the Privacy Bill which will replace the Privacy Act 1993.

• Privacy

Submission on the future of tax in New Zealand

The Institute of Directors' submission on the Future of Tax paper published by the Tax Working Group.

The State Sector and Crown Entities Reform Bill

The Institute of Directors' submission on the State Sector and Crown Entities Reform Bill.

• Public sector

Submission on the criminalisation of cartels

The Institute of Directors' submission on the Commerce (Criminalisation of Cartels) Amendment Bill.

• Liability

Submission on management banning orders under the Fair Trading Act

The Institute of Directors' submission on MBIE's consultation on a proposed amendment to management banning orders under the Fair Trading…

Submission on the Trusts Bill

the Institute of Directors' submission on the Trusts Bill which will replace the Trustee Act 1956.

• Director duties
• Not for profits

Submission on the FMA corporate governance handbook

The Institute of Directors' submission to the FMA on the proposed revisions to the FMA Corporate Governance Handbook.

Submission on personalised digital advice

The Institute of Directors' submission on the Financial Market Authority's draft exemption to enable personalised digital advice.

Submission on the NZX Listing Rules review

The Institute of Directors' submission on the NZX Listing Rule Review discussion paper.

• NZX

Service Performance Reporting

The Institute of Directors' submission to XRB on revised service performance standard.

• Reporting

Submission on introducing director identification numbers and insolvency law ref...

The Institute of Directors' submission on introducing director identification numbers and insolvency law reform.

Submission on Inland Revenue exposure draft

Institute of Directors' submission on the Inland Revenue’s exposure draft.

• Director remuneration

Submission to the FMA on disclosing non-GAAP financial information

The Institute of Directors' submission to the FMA on disclosing non-GAAP financial information.

• Reporting

Submission on the review of the Unit Titles Act 2010

The Institute of Directors' submission on the review of the Unit Titles Act 2010.

Submission on the exposure draft of the Trusts Bill

The-Institute of Directors' submission on the exposure draft of the Trusts Bill.

Submission on NZX Continuous Disclosure (Correcting Consensus Guidance)

The Institute of Directors' submission on NZX Continuous Disclosure (Correcting Consensus Guidance).

• NZX

Submission on the Regulatory Systems (Commercial Matters) Amendment Bill

The Institute of Directors' submission on the Regulatory Systems (Commercial Matters) Amendment Bill.

Submission on the FMA's conduct guide

The Institute of Directors' submission on the FMA's conduct guide.

• Conduct
• Ethics

Submission on the NZX Corporate Governance Code

The Institute of Directors' submission on the NZX Corporate Governance Code.

• NZX

Submission on the review of corporate insolvency law

The Institute of Directors' submission on the review of corporate insolvency law.

Submission on Local Government Act 2002 Amendment Bill (No 2)

The Institute of Directors' submission on the Local Government Act 2002 Amendment Bill (No 2).

• Public sector