New Zealand Takeovers Panel

New Zealand Takeovers Panel company information, Employees & Contact Information

Established in 2000 under the Takeovers Act 1993, the Takeovers Panel is an independent Crown entity which regulates New Zealand's takeovers market. Our mandate is to strengthen investor confidence in New Zealand’s capital markets by enforcing the Takeovers Code. The Code is aimed at ensuring that all shareholders, no matter their size or influence, have equal opportunity to participate in transactions involving Code companies (companies listed on the New Zealand Stock Exchange, or which have 50 or more shareholders and 50 or more share parcels). As a specialist regulator, the Panel: • enforces the Takeovers Code to ensure that Code-regulated transactions are transparent and equitable; • assists participants in complying with their Code obligations; • reviews market practice and undertakes policy development; • considers applications for exemptions from the Code; • recommends reform to takeovers law; and • promotes public understanding of takeovers law. The Panel plays a sharply focused role in a fast-paced environment. We operate with speed and accuracy to create clarity and certainty, responding with genuine interest and expertise to enable compliance rather than inhibit development. We have a significant mandate, and everything we do is designed to ensure we deliver. The current Panel consists of 11 members who are senior lawyers, investment bankers and other business leaders. The Panel is assisted by the Panel Executive, a full-time collegial team consisting of a Chief Executive, General Counsel, a team of specialist lawyers and support staff.

Company Details

Employees
21
Founded
-
Address
70 The Terrace, Wellington,6011,new Zealand
Industry
Government Administration
NAICS
Public Administration
Justice, Public Order, and Safety Activities
Space Research and Technology
Legal Counsel and Prosecution
Correctional Institutions
Parole Offices and Probation Offices
Fire Protection
HQ
Wellington
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