We hold responsibilities relating to trade, including technical barriers to trade, import tariffs, trade remedies, competition, intellectual property and government procurement. This work makes it easier for New Zealand exporters to trade with other countries, maintains fair market competition, and ensures that products imported into New Zealand are safe.
New Zealand’s conformance system plays an important role in our communities and economy.
The Government has taken legislation through Parliament to change New Zealand’s law relating to the misuse of market power (section 36 of the Commerce Act), along with other minor changes to the treatment of intellectual property rights and covenants in the Commerce Act.
The targeted review of the Commerce Act 1986 began in November 2015 with the release of an Issues Paper. Submissions on the Issues Paper closed on 9 February 2016 and cross-submissions closed on 21 July 2016.
On 17 February 2017 the Minister of Commerce and Consumer Affairs released an exposure draft of the Financial Services Amendment Bill for a 6-week public consultation period. We are also seeking feedback on a proposal for existing industry participants to transition to the new regime.
On 6 November 2014, 4 amendment Acts received Royal Assent. Together these Acts improve the efficiency and effectiveness of the accounting and audit markets.
This page lists the application fees payable to the Commerce Commission for clearances and authorisations, collaborative activities, mergers and restrictive trade practices.
The Commerce (Cartels and Other Matters) Amendment Act amends the Commerce Act 1986 to better provide for pro-competitive collaboration between businesses, while also deterring anti-competitive cartel conduct.
On 30 August 2019 the Financial Markets (Derivatives Margin and Benchmarking) Reform Amendment Act 2019 received Royal assent. The Act amends aspects of New Zealand law which impede compliance with foreign margin requirements for over-the-counter derivatives.
This page explains how the Financial Markets Authority (FMA) is funded. It includes information about the 2021, 2019/20 and 2016 funding reviews.
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