Governance Update - November 2016

Our November 2016 Governance Update outlines key governance developments, trends and emerging issues affecting directors. Highlights include:

• NZX is a step closer to introducing its new Corporate Governance Code, expected to be finalised early 2017
• The IoD, with Chapman Tripp, have called on the government to establish a high-level working group to look at the implications of artificial intelligence for New Zealand
• Feltex shareholders lost an appeal against directors and Steel & Tube Holdings Ltd remains liable for the debts of a subsidiary company
• The IoD submitted on governance and director-related matters including the FMA’s conduct guide, service performance reporting and the NZX Code.