Governance and accountability
Clear cross-business lines of oversight and accountability, including across artificial intelligence use or development, enables effective risk management.
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Artificial Intelligence strategy and business guidance now available
The Government has released the first New Zealand strategy for Artificial Intelligence (AI) alongside guidance for businesses to invest with confidence in AI.
Artificial Intelligence system specific considerations
There are particular concepts about how Artificial Intelligence works and is used that are important to understand for mitigating any associated risk.
Use and outputs
Having humans-in-the-loop, and understanding how to use artificial intelligence systems effectively and securely, is key to responsible artificial intelligence use and deployment.
Administrators of financial benchmarks
On 30 August 2019 the Financial Markets (Derivatives Margin and Benchmarking) Reform Amendment Act 2019 received Royal assent. The Act introduces a licensing regime for administrators of financial benchmarks.
Consultation on exposure draft of regulations under the Financial Markets (Conduct of Institutions) Amendment Act 2022 – prohibition of certain sales incentives
The Ministry of Business, Innovation and Employment (MBIE) sought feedback on an exposure draft of proposed regulations under the Financial Markets (Conduct of Institutions) Amendment Act 2022 regarding the prohibition on certain sales incentives.
Exporting cosmetics to China
If you want to register (with a view to exporting) non-animal tested cosmetics in China, you need documentary evidence that the product will be manufactured under international Good Manufacturing Practice (GMP) conditions applicable to the cosmetics industry. China only accepts this documentary evidence if it comes from a government authority. To help with this, MBIE has created a two-step process.
Fair Pay Agreements legislation
On 20 December 2023, the Fair Pay Agreements legislation was repealed.
Our international labour relations
The Ministry of Business, Innovation and Employment (MBIE) provides advice on relevant international labour issues and assesses the impact of international developments on New Zealand's labour interests.
Reviewing regulated ACC payments for treatment
MBIE, in conjunction with ACC, conducts a biennial review of the Cost of Treatment Regulations.