Description
Attend and earn 0.5 CPD hour
* This interactive online recording includes questions and quizzes requiring critical thinking about the topics, so you have no annual limits to the number of points/hours you can claim with this format of learning. Please verify with your CPD rules
Chair
Patrick Learmonth, Partner, Stace Hammond Lawyers
Self-Reporting Breaches, and Class Actions
There is an increasing focus by regulators on entities self-reporting breaches of key legislation including the Fair Trading Act, CCCFA (which has far wider scope than financial services) and FMCA. New Zealand is also facing a rise in class actions which creates a tension and heightened risks for entities reporting a breach. Examine:
- Regulator activity and trends
- Trends in the class action space
- Expectations of regulators to self-reporting
- The tension between regulator expectations and class actions
- How entities can assess and reduce their risks
Presented by Emma Peart, Senior Associate, Chapman Tripp
Learning Objectives:
- Understand regulatory expectations for self-reporting under NZ legislation and how they intersect with class action risk
- Learn strategies to assess legal exposure and reduce organisational risk when managing breach disclosures
Presenters
Patrick Learmonth, Partner, Stace Hammond Lawyers
Patrick Learmonth is a partner in the Auckland office of Stace Hammond Lawyers and specialises in advising business clients on a wide range of legal issues relevant to their businesses. He has over 30 years experience advising on corporate, commercial and trust matters with particular expertise in company law and insolvency, mergers and acquisitions, restructuring, succession planning, joint ventures and shareholder agreements, trust law and trustee advice, intellectual property - licensing, copyright, and franchising, information technology - software development and licensing and websites and trade practices, fair trading and anti competitive behaviour in business markets, privacy law and mediation of commercial and trustee disputes. Patrick acts for a wide range of business clients, local and international, particularly in the consumer product retail, wholesale and manufacturing sectors and the IT industry. Patrick is a member of the New Zealand Law Society Complaints Service Committees and also convener for the Franchise Association of New Zealand complaints committee. Prior to joining Stace Hammond Patrick was a partner for over 20 years at the Auckland office of national law firm, Kensington Swan.
Emma Peart, Senior Associate, Chapman Tripp
Emma is a commercial litigation and arbitration lawyer with a particular focus on advising and representing clients in banking and financial services matters. She advises and represents public and private sector clients on complex commercial and regulatory matters and disputes. Emma is experienced in representing clients in regulatory investigations, court proceedings and alternative dispute resolution including arbitration. Emma advises a broad range of clients on the implications of key commercial and regulatory legislation such as the Credit Contracts and Consumer Finance Act (CCCFA), sanctions regimes, AML/CFT Act, Contract and Commercial Law Act, Commerce Act, FMCA, and the Fair Trading Act. She is also part of Chapman Tripp’s leading international law team and is experienced in international and cross-border proceedings. After undertaking post-graduate study at the University of Cambridge, Emma worked in the Global Disputes team in London for a leading international law firm.
