The Financial Markets Supervisors Act 2011 requires supervisors to be 'Licensed supervisors'. The Act gives us the power to oversee these supervisors' performance.
This section defines the types of supervisors covered by the Supervisors Act.
To be authorised to provide a personalised DIMS service you must first meet the prescribed eligibility criteria.
See the current list of businesses who hold a licence to provide supervisor services.
The FMC Act 2013 has financial reporting obligations for 'FMC reporting entities'. On these pages you can find out who needs to comply and what you need to do.
Part 4 of the FMC Act resets the accountability framework for managed investment schemes and debt securities. It imposes statutory duties of care on licensed supervisors and on managers of managed investments schemes.
Read how the FMC Act provides for fair dealing in relation to financial products and services and sets out minimum compliance standards of behaviour for people operating in the financial markets.
The Anti-Money Laundering and Countering Financing of Terrorism Act (AML/CFT Act) 2009 and its Regulations place obligations on New Zealand’s financial institutions to detect and deter money laundering and terrorism financing. Find out how it affects you.
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...
8 February 2017
Media Release MR No. 2017 – 02 8 February 2017 The Financial Markets Authority (FMA) has issued a formal warning to 12 reporting entities under section 80 of the Anti-Money Laundering and Countering Financing of Terrorism Act (the Act). Under section 59(2) of the Act, the FMA required reporting entities to submit their audit of their Anti-Money Laundering and Countering Financing of Terrorism (AML/CFT) risk assessment and AML/CFT programme by 25 Nove...
2 February 2017
Media release MR No. 2017 – 01 2 February 2017 Today the FMA published the final version of the guide into the FMA’s view of conduct. The FMA has also published submissions from industry, considered as part of the consultation process. The Financial Markets Conduct Act’s focus on conduct is a significant shift in financial services regulation. It means the FMA will assess providers based on their conduct, which is what their customers experience fr...
21 February 2017
First published 21 February 2017 Final date for submissions 5pm Friday 17 March 2017 Consultation document Proposed transitional relief for non-NZX brokers to allow limited use of buffers Submission form Feedback form E-mail for submission email@example.com (please use the title of the consultation paper for the subject line) We are seeking views on a proposal for a class exemption from the Financial Advisers Act 2...