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  1. 24 February 2025

    FMA Exemption to complement XRB relief for assurance of Scope 3 GHG emissions reporting in 2025

    The FMA has approved in principle a class exemption for climate reporting entities, who use Adoption Provision 8 in NZ CS 2, from the assurance requirement in section 461ZH of the Financial Markets Conduct Act (FMC Act) to the extent that their climate statements are required to disclose scope 3 GHG emissions for accounting periods ending 31 December 2024 through to 30 November 2025.