Open banking regulations now in force
ANZ, ASB, BNZ and Westpac are required to have open banking systems live from today.
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Changes to the Fair Trading Act
The Government has announced decisions to increase maximum penalties for breaching the Fair Trading Act 1986.
Financial Reporting Act 2013
This page summarises the changes to the financial reporting system introduced by the Financial Reporting Act 2013. It also provides background to the review of the financial reporting framework that led to the new Act.
Statement regarding Craig Stobo
The Ministry of Business, Innovation and Employment (MBIE) has commenced an investigation into matters that have been raised about Financial Markets Authority (FMA) Chair Craig Stobo.
Water levy design confirmed
The Government has confirmed the design of a levy that will recover the costs of a new economic regulation regime for water services.
Appendix 2: Summary of proposed fees and levies
Proposed Companies Office fees and levies set to recover $42 million expenditure.
Review of New Zealand Companies Office Fees and Levies (2025)
The Ministry of Business, Innovation and Employment (MBIE) is seeking written submissions on proposals for fees and levies that would recover the costs of operating the New Zealand Companies Office (the Companies Office) and its associated statutory registers. The Companies Office is a business unit within MBIE.
Capital Markets Reforms
The Ministry of Business, Innovation & Employment consulted on 2 proposals to strengthen New Zealand’s Capital Markets.
Mandatory climate-related disclosures
Some financial market participants must disclose their climate-related risks and opportunities in annual climate statements.
Chapter 1: Purpose of consultation
The Financial Sector (Climate-related Disclosures and Other Matters) Amendment Act 2021 (CRD Act) introduced a new climate-related disclosures regime in New Zealand. This consultation document seeks feedback on 2 issues related to the assurance requirement in the CRD Act.