1. Compliance
  2. Consultation


Consultation helps us to make informed and effective policy decisions, so is an important part of our policy development process.

Our consultation is designed to encourage quality engagement from interested businesses and individuals, balanced with the need to complete policy work within the required timeframe.

When consulting on policy development we will:

  • post upcoming consultation on our homepage calendar as they are scheduled
  • publish consultation documents that clearly describe the issue we’re seeking feedback on
  • provide a reasonable amount of time for respondents to provide quality feedback.  If you need more time, please contact us
    • publish the feedback we receive through consultation, usually via a summary of the key themes, our response and the names of submitters
    • undertake further consultation if our initial proposal changes significantly and we need additional feedback  
    • publish a regulatory impact statement for significant policy decisions.

For the latest on policy decisions and matters we are still exploring legislative tool solutions see our 'Regulation Updates' section. If you would like to be notified when consultations open for submissions please subscribe to our consultation alerts.

Open consultation



Closed consultation - awaiting a response


Read our closed consultations that are awaiting a response

Closed consultation - with response


Read our closed consultations which include the consultation document and response or update.

Proposal for annual declaration of compliance for Financial Markets Conduct Act 2013 licensees - closed on 21 Dec 2015

Requirement for managers of multiple participant schemes to register participation agreements - closed on Friday 17 March 2017

Disclosing non-GAAP financial information - closed on Friday 7 April 2017


Regulatory returns for prescribed intermediary services - see our repsonse to submissions 

Reviews of the Financial Markets Authority funding and the Financial Markets Authority levy -  see Minister's announcement 3 November 2016

Exemption for small offers of co-operative shares - see page 18 of our September Regulation update

Exemptions impacting overseas businesses, and restricted schemes - see pages 15-17 of our September Regulation update

Class designation of shares to managed investment products in a MIS - see pages 19-20 of our September Regulation update

Recognition of overseas regimes – proposed exemption relief - see pages 15-16 of our September Regulation update

Proposed exemptions for existing property schemes - see page 13 of our September Regulation update

Forestry schemes issues and exemption proposals -  see pages 13-14 of our August Regulation update

Proposed variations to standard conditions of market services licences - see update 22 March 2016 

Draft guidance on disclosure of certain fees and returns by managed funds - see update 29 February 2016

A guide to the FMA's view of conduct - closed Monday 31 October 2016 - See our final guidance published on 2 February 2017

KiwiSaver advice - see our guidance note released on Wednesday 8 March 2017

Proposed transitional relief for non-NZX brokers to allow limited use of buffers - see our update on Monday 10 April 2017