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  2. Consultation
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  4. Consultation: Financial Reporting - Regulatory policy for financial reporting designations and exemptions

Consultation: Financial Reporting - Regulatory policy for financial reporting designations and exemptions

 

Shaping the future of our markets

When the Financial Markets Conduct Act 2013 comes into effect on 1 April 2014 we will have regulatory powers to vary the financial reporting obligations of FMC reporting entities by:

  • Varying public accountability designations, and
  • Granting exemptions.

We are now seeking feedback on how we intend to apply our new powers, and the immediate changes we propose to make to both designations and exemptions under these powers.

Consultation: Financial Reporting - Regulatory policy for financial reporting designations and exemptions

We invite you to review our policies and the proposed changes and share your feedback on them with us. This is our chance to work together to shape the future for our industry.

Submissions close on 28 February 2014.

Consultation workshops

Open meetings:

  • FMA Wellington: Friday 14 February, 2 p.m.
  • FMA Auckland: Friday 21 February, 2 p.m.

Legal advisers:

  • FMA Wellington, Friday 14 February, 10 am.
  • FMA Auckland, Friday 21 February, 10 a.m.

Please register asap as numbers are limited by emailing Raksha.Magan@fma.govt.nz

How do I make a submission?Please use this feedback form. This is also on the final page of the consultation paper – this gives the details of what you need to do. Forms must be submitted electronically in both PDF and word formats and emailed to consultation@fma.govt.nz – please put ‘Feedback - Financial Reporting’ in the subject line.

Where can I get more information?You’ll find more information about the changes on our website www.fma.govt.nz. If you have questions about the consultation process, please get in touch.

Jeromy MeermanCompliance Monitoring - Senior Accountant Surveillance

Email: jeromy.meerman@fma.govt.nz Tel: 09 300 0426