Financial markets conduct regulation
We provide policy advice on a range of issues relating to the financial markets conduct regulatory system.
On this page
We provide policy advice in the following areas of financial markets conduct regulation:
Regulation of financial advice
International financial reforms
We are also the monitoring agency for the Financial Markets Authority and the Commission for Financial Capability.
Legislation we administer
- Financial Markets Authority Act 2011(external link) — New Zealand Legislation
- Financial Markets Conduct Act 2013(external link) — New Zealand Legislation
- Financial Markets Supervisors Act 2011(external link) — New Zealand Legislation
- Financial Service Providers (Registration and Dispute Resolution) Act 2008(external link) — New Zealand Legislation
- KiwiSaver Act 2006 (Part 4 and Schedule 1)(external link) — New Zealand Legislation
- Contracts of Insurance Act 2024(external link) — New Zealand Legislation
- New Zealand Superannuation and Retirement Income Act 2001 (Part 4 and Schedule 6)(external link) — New Zealand Legislation
In this section
2024-25 Capital Markets Reforms
The Government is progressing reforms to strengthen New Zealand’s capital markets. The reforms focus on growing a productive economy by making adjustments to market settings to remove unnecessary compliance costs for businesses ensure the sector keeps up with international competitors, and help Kiwis access good jobs and rising real income.
2024-25 financial services reforms
The Government is progressing reforms to streamline financial services.
Financial Markets Conduct Act
The Financial Markets Conduct Act 2013 (FMC Act) governs how financial products are offered, promoted, issued and sold, and the ongoing responsibilities of those who offer, issue, manage, supervise, deal in, and trade them. The FMC Act also regulates the provision of certain financial services (including financial advice services) and the conduct of financial institutions.
Crown entities we monitor
We monitor the Financial Markets Authority and Te Ara Ahunga Ora Retirement Commission
KiwiSaver
MBIE are responsible for administering certain aspects of the KiwiSaver Act 2006.
International financial reforms
We are completing work that may result in changes in New Zealand in response to various international financial market reforms.
Insurance contract law review
From 2018 to 2024, we held a review into New Zealand's insurance contract law to ensure it facilitates well-functioning insurance markets.