1. Compliance
  2. Designations

Designations

 

Under the FMC Act, we have powers to make designations that change the way products or services are regulated. Our 2 designation powers are:

  • the power to change how a product is categorised under the FMC Act 
  • the power to remove a statutory exemption or exclusion.

Businesses can apply for a designation to be made in respect of financial products, providing reasons why they believe a designation is justified.

About designations

How to apply

Find out what to include in your designation application and how how long it will take.