The Government has agreed through Budget 2022 to increase the Financial Market Authority - Te Mana Tātai Hokohoko’s (FMA) annual operating funding from $60.805 million to $76.401 million in 2025/26.
Consultation is now closed on the Insurance Contract Law Options Paper.
MBIE and the Financial Markets Authority (FMA) are consulting on proposed changes to the FMA’s funding and the FMA levy.
The Ministry of Business, Innovation and Employment is seeking submissions on possible regulations to support the operation of the Financial Markets (Conduct of Institutions) Amendment Bill. The feedback from this consultation will be used to advise the Government on options for regulations.
MBIE is seeking submissions on possible amendments to the Financial Markets (Conduct of Institutions) Amendment Bill regarding the treatment of intermediaries of financial institutions.
Initial proposed changes to lending requirements announced by the Government today will help New Zealanders acquire credit safely and responsibly.
In 2015 we consulted on increasing the maximum amount of compensation that dispute resolution schemes could award for disputes real property insurance claims from $200,000 to $350,000.
On 30 August 2019 the Financial Markets (Derivatives Margin and Benchmarking) Reform Amendment Act 2019 received Royal assent. The Act amends aspects of New Zealand law which impede compliance with foreign margin requirements for over-the-counter derivatives.
This page explains how the Financial Markets Authority (FMA) is funded. It includes information about the 2021, 2019/20 and 2016 funding reviews.
This page has the background documents for Cabinet's 2016 decision for a new regulatory regime for providing financial advice in New Zealand.
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