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Legal, regulatory and compliance

Legal, regulatory and compliance guidance for boards and organisations

type
Resource
author
By Institute of Directors
date
24 Aug 2021
read time
1 min to read
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Director duties and solvency

The Government has a number of support and guidance measures available to assist directors and organisations in responding to the challenges created by COVID-19.

The IoD has developed a solvency test checklist for directors which sets out considerations in assessing solvency.

The IoD, working with business.govt.nz and the Companies Office, has developed a suite of online governance resources for directors of SMEs  including a module on directors’ duties.

Guidance from External Reporting Board (XRB) on financial reporting and auditing implications.

Annual meetings and COVID-19

Many organisations are required to hold their annual meeting within the next few months but they have once again been disrupted by COVID-19. Our article Annual meetings and COVID-19 provides some guidance and resources on annual meetings. 

Other guidance 

MinterEllisonRuddWatts has published a range of articles highlighting key legal issues for organisations.

KPMG has published information on anti-money laundering during COVID-19 (links to PDF on KPMG website).

Marsh has released its Global Insurance Market Index – 2021 Q2

The Commerce Commission has developed resources for organisations including guidance for lenders and borrowers. 

The Reserve Bank has a range of initiatives to support organisations respond to covid-19.

The IRD has published information on tax residence status under COVID-19

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