Under the FMC Act the manager of a registered managed investment scheme (MIS), other than a restricted scheme, must be licensed.
Many financial market professionals require a licence in order to do business. As a fund manager, find out how to apply for a licence here.
See the current list of businesses who hold a licence to provide a managed investment scheme.
See all our guidance specifically for managed investment schemes here.
To be authorised to provide a personalised DIMS service you must first meet the prescribed eligibility criteria.
Putting investor interests first is at the heart of raising the standards of how financial advice is conducted.
The FMC Act has requirements for financial product offer information. This section outlines those requirements, and provides information about when they don’t apply.
KiwiSaver is a priority focus for FMA. Participants involved in KiwiSaver management, distribution and oversight must meet regulatory standards and act with customers’ best interests in mind. See what your obligations are here.
Part 4 of the FMC Act resets the accountability framework for managed investment schemes and debt securities. It imposes statutory duties of care on licensed supervisors and on managers of managed investments schemes.
Find out more about exemptions for fund managers, current notices and how to apply for one.
Read how the FMC Act provides for fair dealing in relation to financial products and services and sets out minimum compliance standards of behaviour for people operating in the financial markets.
The Anti-Money Laundering and Countering Financing of Terrorism Act (AML/CFT Act) 2009 and its Regulations place obligations on New Zealand’s financial institutions to detect and deter money laundering and terrorism financing. Find out how it affects you.
Applicants must pay a fee when they either apply for a new licence for financial market services or apply to vary an existing licence. The relevant fees are set by the Ministry of Business, Innovation and Employment and outlined in the Financial Markets Conduct (Fees) Regulations 2014. Review the full list of fees.
13 December 2016
Media releaseMR No.2016 – 3813 December 2016 Earlier this year the FMA consulted on a guide on good conduct, signalling to New Zealand financial services providers what to expect from interaction and engagement with the conduct regulator. With a broad range of industry submitting, the process has given the FMA valuable insight into how New Zealand financial services providers view the topic of conduct regulation in general; and the intent and content o...
20 September 2016
The inaugural New Zealand International Fraud Film Festival (Fraud Film Festival) is coming to Auckland’s Q Theatre in November. The festival is timed to coincide with November’s Fraud Awareness Week and will open on Friday, 18 November.
16 January 2017
First published 16 January 2017 Final date for submissions 5pm Friday 17 March 2017 Consultation document Requirement for managers of multiple participant schemes to register participation agreements Submission form Feedback form E-mail for submission firstname.lastname@example.org (please use the title of the consultation paper for the subject line) We are seeking views on a proposal for a possible class exemption from the Fin...