1. Compliance
  2. Consultation
  3. Consultation paper:Proposed exemption for same class offers of ASX NZX-quoted financial products

Consultation paper:Proposed exemption for same class offers of ASX NZX-quoted financial products

First published 23 May 2018 

Final date for submissions

5pm, Wednesday 13 June 2018

 (this consultation has concluded)

Consultation documents

Consultation paper: Proposed exemption for same class offers of ASX NZX-quoted financial products 

Draft Notice: Proposed exemption for same class offers of ASX NZX-quoted financial products

Submission form

Feedback form

E-mail for submission consultation@fma.govt.nz (please use the title of the consultation paper for the subject line)

We are consulting on our proposed exemption to allow for same class offers of ASX-quoted financial products of ASX/NZX-listed issuers on an equivalent basis as the same class offers exclusion in Schedule 1 of the FMC Act. 

We propose an exemption from Part 3 (Disclosure) and Part 4 (Governance) of the FMC Act accompanied by a term stating that offers made in reliance on the exemptions will not be regulated offers.

It will apply to ASX-quoted products of ‘exempt issuers’ that are on ASX’s Official List and have a secondary listing with NZX.

Please send your feedback to consultation@fma.govt.nz (please use the title of the consultation paper for the subject line).

Submissions closed 5pm, Wednesday 13 June 2018.