Cabinet Decisions July – November 2016
In July 2016 the Government agreed to the design of a new regulatory regime for the provision of financial advice in New Zealand. The new regime aims to improve access to quality financial advice while not imposing undue compliance costs on the industry or becoming a barrier to innovation.
- Cabinet paper [PDF 259KB]
- Regulatory impact statement: Review of the Financial Advisers Act 2008 [PDF 952KB] and
- Regulatory impact statement: Amendments to the Financial Service Providers (Registration and Dispute Resolution) Act 2008 and Regulations [PDF 290KB]
- Minister’s media release
- Factsheet [PDF 130KB]
- Frequently asked questions [PDF 160KB]
In November 2016 the Government made further decisions regarding specific elements within the new regime.