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Regulation of financial advice

MBIE is responsible for administering legislation relating to the regulation of financial advice in New Zealand.

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.

Consultation on regulations for the Incorporated Societies Act 2022

MBIE sought feedback on what regulations should be made under the Incorporated Societies Act 2022 and what those regulations should prescribe.

Proposed changes to the Responsible Lending Code

The Ministry of Business, Innovation & Employment consulted on proposed changes to the Responsible Lending Code.

NZ-UK Free Trade Agreement Labour Chapter – guidelines for public submissions

Asia-Pacific Economic Cooperation (APEC)

New Zealand is a founding member of APEC which promotes trade and economic growth in the Asia-Pacific region. MBIE’s responsibilities include participating in APEC meetings including the Human Resources Development Working Group and its networks (the Labour and Social Protection Network and the Capacity Building Network).

Seeking feedback on the Customer and Product Data Bill (consumer data right)

We recently sought feedback on the exposure draft of the Customer and Product Data Bill (the draft law) and the accompanying discussion document. The draft law will give customers more control over their data, allowing them to safely and securely access, manage, and share this data with others.

Incorporated Societies Act 2022

This page sets out background information on the review of the Incorporated Societies Act 1908 and the enactment of the Incorporated Societies Act 2022.