1. Compliance
  2. Consultation
  3. Consultation papers
  4. Consultation paper:Proposed exemption to enable dual-language product disclosure statements

Consultation paper:Proposed exemption to enable dual-language product disclosure statements

First published 17 April 2018 

Final date for submissions

5pm, Thursday 17 May 2018

 (this consultation has concluded)

Consultation documents

Consultation paper: Proposed exemption to enable dual-language product disclosure statements 

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 considering using our exemption powers to enable issuers to provide dual-language product disclosure statements (PDS). This would allow a PDS to be provided in full in both te reo Māori and English.

We think this would mean a PDS could be provided in a more engaging and accessible form for those who are more comfortable receiving information in te reo Māori.

If granted, the exemption will exempt issuers from the prescribed PDS length limits and, if necessary, some prescribed statements and formatting – subject to certain conditions.

We are also consulting on whether an exemption should also extend to PDSs provided in English and any other language, subject to any applicable conditions.

We welcome your feedback on the exemption proposal.

Submissions closed 5pm, Thursday 17 May.

If you would prefer to meet with us in person to discuss the proposed exemption, please email consultation@fma.govt.nz by Thursday 3 May.