Guidance library

Found 108 results. Displaying page 1 of 6

1. • Financial reporting
   • Issuers and offers

   15 May 2018

   Improving financial information in an equity PDS

   This handbook offers guidance for directors and shareholders of New Zealand FMC reporting entities about how to improve audit quality.

   Improving financial information in an equity PDS

   https://fma.govt.nz/compliance/guidance-library/improving-financial-information-in-an-equity-pds/

2. • AML/CFT

   14 May 2018

   AML/CFT programme guideline

   This guideline was updated in 2018 and is designed to help reporting entities develop their AML/CFT programme.

   AML/CFT programme guideline

   https://fma.govt.nz/compliance/guidance-library/amlcft-programme-guideline/

3. • AML/CFT

   14 May 2018

   AML/CFT risk assessment guideline

   This guideline was updated in 2018 and is designed to help reporting entities conduct a risk assessment, as required under section 58 of the Anti-Money Laundering and Countering Financing of Terrorism Act.

   AML/CFT risk assessment guideline

   https://fma.govt.nz/compliance/guidance-library/amlcft-risk-assessment-guideline/

4. • Issuers and offers
   • Managed investments

   18 April 2018

   General stocktake of fund updates

   This ‘stocktake’ meets a specific milestone to review quarterly fund updates and engage with the market on our findings. This review forms part of our strategic priorities for 2017-2018 to work with issuers and their professional advisers to improve disclosure documents and offer information.

   https://fma.govt.nz/compliance/guidance-library/general-stocktake-of-fund-updates/

5. • Issuers and offers
   • Managed investments

   10 April 2018

   Product disclosure statements: understanding investors’ information needs

   The purpose of this report is to help issuers and their advisers think about how they can make disclosure information more useful for investors. In the report we summarise feedback from investors about how they use disclosure information, and what other types of information they seek out.

   https://fma.govt.nz/compliance/guidance-library/pds/

6. • Crowdfunding and peer-to-peer lending
   • Fair dealing

   15 March 2018

   Fair dealing in advertising and communications – crowdfunding and peer-to-peer lending

   The aim of this guidance is to ensure licensed crowdfunding and peer-to-peer lending platforms understand their obligations when advertising or communicating with customers.

   Fair dealing in advertising and communications – crowdfunding and peer-to-peer lending

   https://fma.govt.nz/compliance/guidance-library/advertising-and-comms-in-crowdfunding-and-p2p/

7. • KiwiSaver and superannuation
   • Managed investments

   13 March 2018

   Self-select retirement schemes – information for scheme managers

   This information sheet explains how these schemes are regulated under the Financial Markets Conduct Act 2013 (FMC Act) and what exemptions and waivers may be available.

   Self select retirement schemes information for scheme managers

   https://fma.govt.nz/compliance/guidance-library/self-select-retirement-schemes/

8. • Corporate governance

   28 February 2018

   Corporate governance in New Zealand: Principles and guidelines

   This handbook assists directors, executives and advisers of non-listed and public-sector companies, and other entities, to apply corporate governance principles to their particular entity.

   https://fma.govt.nz/compliance/guidance-library/corporate-governance-in-new-zealand-principles-and-guidelines/

9. • AML/CFT

   14 December 2017

   AML/CFT amended identity verification code of practice 2013

   This provides a suggested best practice for all reporting entities conducting name and date of birth identity verification on customers (that are natural persons) they have assessed to be low to medium risk.

   https://fma.govt.nz/compliance/guidance-library/amlcft-amended-identity-verification-code-of-practice-2013/

10. • AML/CFT

    14 December 2017

    AML/CFT interpreting 'ordinary course of business' guideline

    This guideline is designed to help clarify the meaning of the phrase "in the ordinary course of business" in the definition of financial institution in the AML/CFT Act 2009.

    AML/CFT Interpreting ordinary course of business guideline

    https://fma.govt.nz/compliance/guidance-library/amlcft-interpreting-ordinary-course-of-business-guideline/

11. • AML/CFT

    14 December 2017

    AML/CFT designated business group: formation guideline

    This guideline is designed to help reporting entities forming a DBG understand the process for doing so. The DBG change notification form is on page 7 of this document.

    AML CFT designated business group – formation guideline

    https://fma.govt.nz/compliance/guidance-library/amlcft-designated-business-group-formation-guideline/

12. • AML/CFT

    14 December 2017

    AML/CFT designated business group: scope guideline

    This guideline is designed to assist reporting entities to understand which obligations may be shared by members of a designated business group (DBG).

    AML/CFT designated business group – scope guideline

    https://fma.govt.nz/compliance/guidance-library/amlcft-designated-business-group-scope-guideline/

13. • AML/CFT

    14 December 2017

    AML/CFT enhanced customer due diligence guideline

    This guideline assists you to conduct enhanced customer due diligence (EDD) on your customers under the Anti-Money Laundering and Countering Financing of Terrorism (AML/CFT) Act 2009 (the Act).

    AMLCFT enhanced due diligence guidance

    https://fma.govt.nz/compliance/guidance-library/amlcft-enhanced-customer-due-diligence-guideline/

14. • Corporate governance
    • Financial reporting

    23 November 2017

    Audit quality - a director’s guide

    This handbook offers guidance for directors and shareholders of New Zealand FMC reporting entities about how to improve audit quality.

    171122 Audit Director Guide 2017

    https://fma.govt.nz/compliance/guidance-library/audit-quality-a-directors-guide-2/

15. • Issuers and offers
    • Managed investments
    • Supervisors

    11 October 2017

    Bank Bill Benchmark Rate and closing rates resource sheet

    This resource sheet explains how BKBM and closing rates operate and are regulated in New Zealand. It is aimed at local bank staff involved in trading activity or oversight of trading activity.

    https://fma.govt.nz/compliance/guidance-library/bank-bill-benchmark-rate-and-closing-rates-resource-sheet-2/

16. • FMC Act
    • Issuers and offers
    • Managed investments
    • Supervisors

    27 September 2017

    Guidance on substantial product holder disclosures

    This guidance is for: anyone who has, or may have, a substantial holding in a listed issuer, fund management firms and their employees and other interested parties. It aims to assist substantial product holders in understanding their obligations and help to promote consistency in disclosures.

    https://fma.govt.nz/compliance/guidance-library/guidance-on-substantial-product-holder-disclosures/

17. • Managed investments

    19 July 2017

    Fee disclosure by managed funds

    This guidance helps managers and supervisors understand how fees should be disclosed in Product Disclosure Statements, fund updates and, in respect of KiwiSaver schemes, confirmation information. It includes guidance on the classification and disclosure of performance-based fees, management and administration charges, underlying fund charges, and how to use third-party information.

    https://fma.govt.nz/compliance/guidance-library/fee-disclosure-by-managed-funds/

18. • Financial reporting

    13 July 2017

    Disclosing non-GAAP financial information

    We describe financial information outside of financial statements that is not prepared and presented in accordance with generally accepted accounting practice (GAAP), or is presented as an alternative to statutory profit, as ‘non-GAAP financial information.’

    https://fma.govt.nz/compliance/guidance-library/disclosing-non-gaap-financial-information/

19. • AML/CFT

    4 July 2017

    AML/CFT Sector Risk Assessment

    This sector risk assessment is a preliminary assessment by the AML/CFT supervisors to assess the risks of money laundering across the sector they will supervise.

    https://fma.govt.nz/compliance/guidance-library/aml-cft-sector-risk-assessment-report/

20. • Issuers and offers

    1 July 2017

    Offering financial products in New Zealand and Australia under mutual recognition (MRSO)

    This is a guide for New Zealand and Australian issuers offering financial products or interests in managed or collective investment schemes in both countries. It explains what issuers have to do under the trans-Tasman mutual recognition scheme for offers of financial products.

    Offering financial products in New Zealand and Australia under mutual recognition (MRSO)

    https://fma.govt.nz/compliance/guidance-library/offering-financial-products-in-new-zealand-and-australia-under-mutual-recognition-mrso/