Consultation is now closed on the Insurance Contract Law Options Paper.

MBIE and the Financial Markets Authority (FMA) are consulting on proposed changes to the FMA’s funding and the FMA levy.

The Ministry of Business, Innovation and Employment is seeking submissions on possible regulations to support the operation of the Financial Markets (Conduct of Institutions) Amendment Bill. The feedback from this consultation will be used to advise the Government on options for regulations.

MBIE is seeking submissions on possible amendments to the Financial Markets (Conduct of Institutions) Amendment Bill regarding the treatment of intermediaries of financial institutions.

We are reviewing the arrangements for providers of default KiwiSaver schemes to ensure they are delivering the best outcomes for default members.

Initial proposed changes to lending requirements announced by the Government today will help New Zealanders acquire credit safely and responsibly.

The Ministry of Business, Innovation and Employment (MBIE) has today confirmed the appointment of 3 new members of the Financial Markets Authority Board, along with the reappointment of a current board member.

In 2015 we consulted on increasing the maximum amount of compensation that dispute resolution schemes could award for disputes real property insurance claims from $200,000 to $350,000.

The Government has introduced changes to improve the annual statements for KiwiSaver investors to enable them to make positive decisions about their retirement savings.

On Friday 14 May 2021, the Minister of Finance and the Minister of Commerce and Consumer Affairs announced the 6 KiwiSaver providers who will offer default fund services from 1 December 2021.