The 14th Annual Financial Markets Law Conference - 2018
Financial Advice Code Working Group
Angus Dale-Jones is chair of the Financial Advice Code Working Group. He is a former financial services regulator, a Chartered Accountant, and holds a Masters degree in Business and Technology from the University of New South Wales. He worked for the Australian Securities and Investments Commission for 17 years, ultimately as Regional Commissioner of the Western Australian office. In 2008 Angus was appointed by the New Zealand Securities Commission (predecessor to the Financial Markets Authority) as director responsible for the implementation of the Financial Advisers Act. Since 2011 he has run his own compliance and conduct consultancy practice, while being a hands-on dad.
Institute of Financial Advisors
Stratus Financial Services
Michael Dowling is a Financial Adviser in Wellington. A shareholder and director of Stratus Financial Services Ltd that offers specialist financial advisers to support their clients in Superannuation, Investment, Insurance and Mortgage advice. Michael has been an adviser since 1989 when he joined AMP as a tiered agent. He became a Certified Financial Planner in 2006 and a Chartered Life Underwriter in 2007. Michael is also the Board Chair of the Institute of Financial Advisers and, along with the Chief Executive, has coordinated the Institute’s review of the Financial Advisers Act (2008) submissions as part of implementing their Strategic plan. Michael is currently on the establishment board of Financial Advice New Zealand.
David Ireland is a partner in the financial markets law team at Kensington Swan, and is top ranked by the Chambers Asia Pacific legal directory in the practice area of investment funds. David has acted as chair of this conference for several years, and is the current chair of the Code Committee appointed under the Financial Advisers Act, having served on that Committee since its inception in 2009. David is also a past chair of Workplace Savings NZ. Outside of his practice, David chairs the Onslow Cricket Club in Wellington and has received awards from both Cricket Wellington and New Zealand Cricket in recognition of his services to club cricket as a volunteer.
Jeremy Muir is a partner at MinterEllisonRuddWatts and leads the Financial Services practice. He works with retail and wholesale fund managers (including KiwiSaver and superannuation), trustee companies, derivatives issuers, Fintech businesses (including crowdfunding & peer-to-peer lending platforms), insurers and start-ups. Jeremy advises regularly on all aspects of the Financial Markets Conduct Act 2013 (FMCA), in particular managed investment schemes. He is admitted in New Zealand, England & Wales, Guernsey and the Cayman Islands.
General Counsel and Company Secretary
Nikko Asset Management
Hayley Cassidy is an experienced lawyer with expertise in corporate governance and current Financial Markets Law. Hayley is a Chartered International Company Secretary and Deputy Chair of the NZ Corporate Governance Forum. Hayley has completed post-graduate study in corporate governance, risk, compliance and advanced negotiation skills and commences study to become an accredited mediator in 2017. Hayley is Director/Owner of Carbine Consulting, which is a governance, compliance and project management company, and is General Counsel and Company Secretary at Nikko Asset Management NZ Ltd ("Nikko AM"). Hayley successfully project managed Nikko AM's transition to the new FMCA regime in New Zealand and is responsible for key external relationship management, including with regulators.
Chief Executive Officer
Financial Services Complaints ltd
Susan Taylor is the Chief Executive Officer of Financial Services Complaints Ltd (FSCL) and was appointed to her current role in October 2010. FSCL, established in April 2010, is an approved dispute resolution scheme under the Financial Service Providers (Registration and Dispute Resolution) Act 2008. FSCL has over 7,000 financial service providers, including many fund managers, financial advisers and trustee companies, as scheme participants. FSCL investigates complaints made by consumers against FSCL scheme participants. As CEO, Susan is the decision-maker on complaints, in the same way as an Ombudsman, and has the power to make binding decisions up to the sum of $200,000 where a complaint is upheld and a direct financial loss has been suffered by the consumer. Susan has more than 25 years’ experience in dispute resolution in the financial services industry and has presented at financial industry and consumer conferences both in New Zealand and overseas. Susan is a qualified lawyer and, prior to joining FSCL, Susan was the Deputy Banking Ombudsman. Susan is also a public member of the Advertising Standards Appeal Board.
Head of Supervision
Financial Markets Authority
James Greig is the Head of Supervision at the Financial Markets Authority. The Supervision team is responsible for monitoring and licensing under the Financial Markets Conduct Act, Financial Advisers Act, Financial Markets Supervisors Act and the Anti Money Laundering and Countering Financing of Terrorism Act. James has worked in the Australasian banking and financial services sector for over 20 years. During this time he has worked in a wide variety of financial crime, risk, compliance, operations, strategy and technology roles. James is an enthusiastic supporter of productivity improvement techniques including Lean and Six Sigma. He has a BCom, LLB and an MBA from The University of Auckland.
Simon Papa is the director of Cygnus Law. He advises a wide range of financial service businesses on regulatory and commercial matters, including on compliance with financial markets law, AML law & the law governing the FSPR. Simon advises clients in the FinTech sector including crowdfunding, payment and robo-advice businesses. Simon is a member of the Core Working Group of FinTechNZ. FinTechNZ is an industry working group supporting the development of financial innovation in New Zealand.
David is a highly experienced trial and appellate lawyer with a focus on criminal prosecutions, appeals and judicial review. This work includes regulatory enforcement and the conduct of civil penalty and recovery proceedings. His particular specialty is organised (profit-motivated) crime, including drug- and gang-related crime, corruption and immigration fraud, and actions to recover criminal proceeds. David works for enforcement agencies responsible for the anti-money-laundering regime and financial and insurance market supervision. In January 2012, he participated by invitation in the United Nations Office on Drugs and Crime's Expert Meeting to draft a model law to implement the Convention against Transnational Organised Crime.
Stephen is a litigation, regulatory and compliance lawyer. He has high-level experience in acting for private sector clients in the defence of regulatory disputes and business crimes, and has worked across Europe and the Middle East on some of the largest and most complex matters in these areas. Stephen also regularly appears in the District and High Courts on behalf of the Commissioner of Police, in applications brought under the Criminal Proceeds (Recovery) Act, and the Crown. Stephen also applies his knowledge from acting in regulatory disputes and prosecutions to advise on the development and implementation of compliance policies and procedures. He has advised clients on compliance with legal and regulatory obligations in the areas of money-laundering, bribery and corruption, financial sanctions, export control and trade sanctions, and other sector-specific regulatory obligations.
Former Board Member
Financial Markets Authority
Michael Webb is a commercial barrister specialising in corporate, financial markets, governmental, and regulatory law. Throughout his career his practice has had a focus on financial markets, regulation, law reform and the interface between law and public policy. He has advised extensively in New Zealand and internationally on financial market and regulatory matters and legislative design. In 2003 Michael was appointed as Chair of the Ministerial Taskforce on the Regulation of Financial Intermediaries. From 2011 to 2016 Michael was a foundation Board Member of the Financial Markets Authority in New Zealand. Michael is also an experienced board member of public and private sector entities, including in the financial services and infrastructure sectors. Michael is a frequent speaker at conferences in New Zealand and overseas on financial markets, corporate governance, banking, insolvency, and regulation.
Nick advises both private and public-sector clients in commercial and regulatory matters and in disputes involving professional negligence, misrepresentation and fraud. He also advises on corporate governance issues including health and safety compliance. Nick has particular expertise in financial markets law and teaches Corporate Finance at the University of Auckland Law School. He holds the Chartered Financial Analyst designation and serves on the Board of Directors of the CFA Society of New Zealand. He is a member of the Serious Fraud Office Panel of Prosecutors. Recent notable cases include the Mighty River Power procurement fraud trial, alleged employee theft at Ports of Auckland and the Mark Warminger market manipulation trial.