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Consultation opens on additional measures in new financial conduct regime 21 April 2021

The Ministry of Business, Innovation and Employment (MBIE) has opened consultation on outstanding aspects of the upcoming regime governing conduct in the financial sector.

Introduction of mandatory climate-related disclosures 13 April 2021

The Financial Sector (Climate-related Disclosures and Other Matters) Amendment Bill was introduced to Parliament on 12 April 2021.

Strong industry experience appointed to New Zealand Growth Capital Partners Board 20 January 2021

Four new members with strong capital and business experience have been appointed to the New Zealand Growth Capital Partners Board, the Ministry of Business, Employment, and Innovation announced today.

New chair appointed to New Zealand Growth Capital Partners Board 03 December 2020

David Smol has been appointed chair of New Zealand Growth Capital Partners Board, the Ministry of Business, Employment, and Innovation announced today.

KiwiSaver default provider RFP opens 01 October 2020

The Government has today released the Request for Proposals (RFP) to appoint the next set of KiwiSaver default providers.

Changes to FMA levies 29 July 2020

The Government has confirmed the updates to the Financial Markets Authority (FMA) levy to implement increases in the FMA’s funding, including confirming the levies that will apply for the new financial advice regime.

Disclosure requirements and commencement date set for new financial advice regime 25 June 2020

The Government has set new disclosure requirements to ensure that consumers seeking financial advice can make more informed decisions. It has also set the start date for the new financial advice regime as 15 March 2021.

New measures targeting high-cost lenders, mobile traders take effect 05 June 2020

New measures that protect consumers who borrow from high-cost lenders and mobile traders came into effect on 1 June 2020.