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Japan: Act Against Unjustifiable Premiums and Misleading Representations Amended

(Jan. 6, 2015) The Act Against Unjustifiable Premiums and Misleading Representations (Act No. 134 (May 15, 1962)) was amended twice in 2014, in June and November. This Act regulates premiums and representations in connection with transactions of goods and services in order to ensure fair competition and thereby to protect the interests of general consumers. […]

New Zealand: Implementation of Financial Markets Conduct Act 2013 Commences

(May 2, 2014) On April 1, 2014, the first implementation phase of the Financial Markets Conduct Act 2013 (FMC Act) commenced in New Zealand. (Financial Markets Conduct Act, Ministry of Business, Innovation and Employment website (last updated Apr. 2, 2014); Financial Markets Conduct (Phase 1) Order 2014, New Zealand Legislation website.) The legislation, which was […]