On 10 April 2018, the Minister of Commerce and Consumer Affairs released a discussion paper on new disclosure requirements for financial advice. The consultation closed on 25 May 2018.

This page outlines the development of the new regulatory regime introduced by the Financial Services Legislation Amendment Act.

This page outlines the development of the Financial Markets Conduct Regulations 2014 and various amendment regulations made since 2014.

We received 48 submissions through our online portal. 43 can be viewed below. A further 5 submitters did not want their submissions published. Redactions have been made in accordance with the Official Information Act 1982, and the Privacy Act 1993.

In June 2017, the Minister of Commerce and Consumer Affairs appointed a Financial Advice Code Working Group to develop the new code of conduct for financial advice.

This page outlines the development of the Financial Markets Conduct Act.

We monitor the Financial Markets Authority and Te Ara Ahunga Ora Retirement Commission

We are completing work that may result in changes in New Zealand in response to various international financial market reforms.

On 17 June 2019 Cabinet agreed on the licensing fees and changes to the FMA levy.

MBIE and the FMA are consulting on proposed changes to the FMA’s funding and the FMA levy.