Trustee Supervisory Model - Cabinet Paper
[ Last Updated 19 June 2007 ]
Short Description
Trustees must be licensed. Trustees are retained as "frontline" supervisors of debt issuers, non-bank deposit takers, and collective investments schemes. The Securities Commission will approve trustee licences and monitor them on an ongoing basis.
Author
Hon Lianne Dalziel, Minister of Commerce
To: The Chair, Cabinet Economic Development Committee
An HTML version will be available shortly.
Back to Top