1. Compliance
  2. Auditors
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Who needs to comply

Auditors of issuers and audit firms need to comply. This section also includes information on accredited bodies.

2016 IFIAR survey results

The Independent Forum of Independent Audit Regulators (IFIAR) has issued the results of their annual inspections findings on the 6 largest global audit networks (Deloitte, KPMG, PWC, EY, BDO and Grant Thornton) earlier this month.   

Your obligations

Auditors are subject to appropriate scrutiny and accountability. Read here about our monitoring of auditors and the disciplinary process we follow.

Licensing and registration

Auditors of an issuer need to hold a licence. Audit firms need to be registered.

Financial reporting

Under the FMC Act 2013 there are financial reporting obligations for FMC reporting entities. 

 

Latest News

KiwiSaver trial to target decision-making a decade out from ...

5 May 2017

Media release MR No. 2017 – 158 May 2017 The FMA is working with ANZ to see if behavioural insights can prompt more ANZ KiwiSaver members to get retirement advice, or use retirement-planning tools when they hit 56 years old. The aim of this behavioural insights pilot is to examine if adjusting communications sent to ANZ KiwiSaver members aged 56, and users of their ‘lifetimes’ investment approach, results in more members checking they are on track...

The Financial Markets Authority publishes its first Conduct ...

20 February 2017

Media release MR No. 2017 – 05 20 February 2017 The Conduct Outcomes Report 2016 highlights the key issues and actions from the FMA’s enforcement, supervision and preventative activities for the financial year July 2015 to June 2016. Previously published as the Investigations and Enforcement Report, this report shows how the FMA has made use of the broad range of conduct regulation powers available under the Financial Markets Conduct Act 2013. Key ac...

FMA updates Strategic Risk Outlook and sets course for new e...

15 February 2017

Media Release MR No. 2017 – 04 15 February 2017 Today the Financial Markets Authority published its updated Strategic Risk Outlook (SRO). This is a foundation FMA document and sets out how the regulator identifies and prioritises the key risks to its overall objective of fair, efficient and transparent markets. In 2014, the FMA established seven strategic priorities to address the main risks and potential harms to financial markets. Those priorities an...

 

Latest Consultations

Consultation paper: Proposed exemption from the obligation t...

22 May 2017

First published 22 May 2017   Final date for submissions   5pm, Friday 9 June 2017   Consultation document Proposed exemption from the obligation to prepare scheme financial statements for bundled unit trusts Submission form Feedback form E-mail for submission consultation@fma.govt.nz (please use the title of the consultation paper for the subject line) Under the Securities Act 1978 (SA) a number of managers of managed investme...