Open banking regulations now in force
ANZ, ASB, BNZ and Westpac are required to have open banking systems live from today.
ANZ, ASB, BNZ and Westpac are required to have open banking systems live from today.
The Government is progressing a package of reforms to strengthen New Zealand’s Capital Markets.
The Government is making changes to encourage new sharemarket listings, cut costs for smaller listed companies and improve visibility over private asset investment.
From 2018 to 2024, we held a review into New Zealand's insurance contract law to ensure it facilitates well-functioning insurance markets.
The Government is progressing reforms to streamline financial services.
The Ministry of Business, Innovation & Employment consulted on 2 proposals to strengthen New Zealand’s Capital Markets.
MBIE is seeking feedback on new draft standards that will support the implementation of regulated open banking in New Zealand.
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.
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.
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.
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