Offer information

 

Clear, concise and effective offer information helps investors make more informed investment decisions.

Offers under the FMC Act

The Financial Markets Conduct Act 2013 (FMC Act) introduces new requirements for financial product offer information. This section outlines the new requirements, and provides information about when they don’t apply.

Offers under the Securities Act

For businesses intending to make offers under the FMC Act please see above. For businesses intending to continue to make offers under the transitional provisions of the Securities Act regime, please see here.

FAQs

Find answers to your questions about offer information topics.

Transition information sheets

We have developed a series of information sheets to help providers of financial products understand how and when they will need to transition to the FMC Act regime. Each sheet includes a working example of the key activities for each product type and indicative timings, including useful tools that will help to address each step of the transition. We will update each information sheet as we develop additional guidance and tools.

Crowdfunding issuers

Under exemptions in financial market laws, crowdfunding issuers do not need to prepare a prospectus and investment statement if you are using a licensed crowdfunding service provider. Instead you will provide more limited information about your business when you make offers. 

Peer-to-peer lending borrowers

Under exemptions in financial market laws, peer-to-peer lending borrowers don't need to prepare certain documents if you are using a licensed peer-to-peer lending provider. Instead you will need to provide information about your loan request to your provider so they can present your request for investors to read.