18 October 2023

Financial Markets Conduct (Product Disclosure Statements in Te Reo Māori and English) Exemption Notice 2023

Name of Notice	Financial Markets Conduct (Product Disclosure Statements in Te Reo Māori and English) Exemption Notice 2023
Gazette Notification Date	2023-10-17
Date In Force	2023-11-01
LI Number	N/A
SL Number	SL2023/285
Act	Financial Markets Conduct
Type	Class Exemption
Expiry Date	2028-10-31

The Financial Markets Conduct (Product Disclosure Statements in Te Reo Māori and English) Exemption Notice 2023 provides an exemption for issuers of financial products who wish to provide their PDS in both te reo Māori and English, providing relief from the requirements in the FMC Regulations relating to the prescribed length limits and, if necessary, some prescribed statements and formatting.

The exemption is subject to conditions requiring all information in the PDS to be provided in te reo Māori and English. The conditions require that the English text of the PDS and the KIS must comply with the same word limits that are provided in the FMC Regulations with some flexibility for English words used in te reo Māori text.

This notice continues the relief granted under the Financial Markets Conduct (Product Disclosure Statements in Te Reo Māori and English) Exemption Notice 2018, on the same terms.

Download the Financial Markets Conduct (Product Disclosure Statements in Te Reo Māori and English) Exemption Notice 2023