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One of the NZVCA’s core objectives is to work with government to develop a world-best regulatory and tax framework for the New Zealand venture capital and private equity industry.
Submissions
 NZVCA Recomendations on Securities Legislation May2010.pdf
NZVCA_AANZ Submission Securities Law Review August2010.pdf
This submission is presented jointly by the NZVCA and Angel Association.
We are each concerned about the application of certain key exemptions and exceptions provided for in the Securities Act in the context of early stage (including Angel), private equity and venture capital investment in New Zealand. In essence, we are concerned that the current regulatory regime is unduly complex and uncompromising, and therefore hinders access to capital and the bringing of good ideas to market.
The purpose of our submission is to highlight issues and propose some relatively accessible solutions. Some of our solutions echo recommendations of the Capital Developments Taskforce and some echo features of legal frameworks in other jurisdictions.
2009 NZVCA REGULATORY AND TAX RECOMMENDATIONS
May 2009
The New Zealand Private Equity and Venture Capital Association (NZVCA) has gone through an extensive consultation process to consider improvement in the New Zealand regulatory environment for venture capital and private equity investment.
This report highlights suggested changes which would make New Zealand a better place to do business and lighten regulatory load while maintaining sensible policy settings.
The NZVCA would be happy to discuss this report further. For more information contact Colin McKinnon (Executive Director, NZVCA) on +64 9 302 5218 or colin.mckinnon@nzvca.co.nz or Nick Wells (Partner, Chapman Tripp) on +64 9 357 9004 or nick.wells@chapmantripp.com.
 NZVCA SUBMISSIONS FINANCIAL SERVICE PROVIDERS
NZVCA EXPERT PANELS
The Expert Panels work with the Regulatory and Taxation Working Group on policy development and submissions.
Securities issues for Private Equity and Venture Capital (including Trans Tasman harmonisation)
Coordinator:
Michael Pollard - Simpson Grierson
Panel:
Shelley Cave - Simpson Grierson
Jeremy Muir - Minter Ellison
Rachel White - PricewaterhouseCoopers
Andrew Wallace - Russell McVeagh
Tim Tubman – Chapman Tripp
Fund Structures and international investment
Coordinator:
Nick Wells - Chapman Tripp
Panel:
Jeremy Muir - Minter Ellison
Rachel White - PricewaterhouseCoopers
Vicki Lawson - PricewaterhouseCoopers
Chris Bargery - Russell McVeagh
Taxation
Coordinator:
Graeme Olding – Chapman Tripp
Panel:
Casey Plunket - Chapman Tripp
Richard Williams – Ernst & Young
Stephen Conder - Deloitte
Mike Morgan - PricewaterhouseCoopers
Adam Rae - PricewaterhouseCoopers
Brent Lawgun - Maui Capital Limited
If you would like to know more about any of these initiatives or if you would like to become involved in any of the NZVCA’s regulatory and tax initiatives please call the NZVCA Executive Director, Colin McKinnon (09 302 5218).
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