Consultation Papers on draft minimum standards and conditions for new licenses

 

Shaping the future of our markets

Published at 13 November 2013

The Financial Markets Conduct Act 2013 (the Act) introduces licensing for providers offering certain types of financial services.

We are now consulting on the proposed minimum standards for these licence types:

We invite you to review these consultation papers and share your feedback with us. This is our chance to work together to shape the future of our financial markets.

The final date for submissions is 12 December 2013.

How do I make a submission?

Please use this feedback form. This is also on the final page of each 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 {insert title of consultation paper} standards and conditions’ in the subject line.

Alternatively, you can make an online submission on our engagement site www.talktous.fma.govt.nz. You need to register to be able to use the site.

Where can I get more information?

You’ll find more information about the changes on our website www.fma.govt.nz, or at the Ministry of Business Innovation and Employment site www.mbie.govt.nz

If you have questions about the licensing consultation process, please get in touch.

Simon Smith

Manager Compliance Monitoring FrameworkEmail: simon.smith@fma.govt.nzTel: 04 4742440