This regulatory impact statement provides an analysis of process options for the next steps to address problems with section 36 of the Commerce Act (the prohibition on the misuse of market power).
An analysis of policy options to ensure information can be gathered to learn lessons from building failures, including when there are challenges securing the cooperation of involved parties.
Assesses the likely effects of the options on the objectives of reducing the risk of drowning, compliance costs for pool owners and administrative costs for councils, and increasing certainty and consistency.
This Regulatory Impact Statement makes three recommendations for additional financial product information to be disclosed to KiwiSaver investors through the annual statements they receive from their KiwiSaver providers.