Guidance

 

Guidance note: Governance under Part 4 of the FMC Act

This guidance note outlines our expectations for how issuers of debt securities, managers of managed investment schemes and their supervisors should approach their governance accountabilities and responsibilities.

It describes how the overarching duties of care, acting in the best interests of clients, and fair dealing set the scene for how each participant meet their governance responsibilities. It also describes how participants must interact with each other and with the FMA and addresses the need for governing documents to be effective and fit for purpose.

Information sheet: Reporting duties under Part 4 of the FMC Act

This information sheet outlines new reporting duties under Part 4 of the FMC Act. It includes a table showing the reporting requirements for debt issuers, MIS managers / trustees of restricted schemes, supervisors, auditors, custodians, actuaries, investment managers and administration managers.

Guidance note: Statements of Investment Policy and Objectives under the FMC Act

This guidance note outlines how we expect managers of managed investment schemes and their supervisors to approach SIPOs under Part 4 of the FMC Act.

Also see our Information sheet on Reporting SIPO limit breaks

Corporate governance

Good corporate governance and board behaviour supports the principles underpinning the FMC Act.

Information about our expectations for good corporate governance can be found in these publications:


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