Capital Markets Reforms
The Government is progressing a package of reforms to strengthen New Zealand’s capital markets.
The Government is progressing a package of reforms to strengthen New Zealand’s capital markets.
The Government has progressed reforms to streamline financial services, with just one bill yet to be passed.
This page describes the financial markets conduct regulatory system, its objectives and our qualitative assessment of it. It also lists the main statutes and changes to regulation either planned or in progress.
We are seeking insights on how we can ensure our capital markets remain dynamic and competitive in the face of market innovations, and feedback on targeted proposals for regulatory change.
The Government is seeking feedback on the next phase of capital markets reforms aimed at supporting business growth, improving access to investment, and strengthening New Zealand’s capital markets.
Members can withdraw their KiwiSaver savings when they qualify for NZ Superannuation (age 65). You may also be able to get some or all of your savings earlier if you’re buying your first home, moving overseas, have a serious illness or a life‑shortening congenital condition, or are experiencing significant financial hardship.
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.
ANZ, ASB, BNZ and Westpac are required to have open banking systems live from today.
With innovations like digital wallets and payment apps rapidly transforming the New Zealand payments market, the Ministry of Business, Innovation and Employment (MBIE) is asking if the rules for payment services are still fit for purpose.
Following the independent investigation into the conduct of Financial Markets Authority (FMA) Chair Craig Stobo, Commerce and Consumer Affairs Minister Cameron Brewer has released the report.
Crown copyright © 2026
https://www.mbie.govt.nz/search
Please note: This content will change over time and can go out of date.