On 7 August 2019 the Minister of Finance and the Minister of Commerce and Consumer Affairs released a discussion paper that sought feedback on proposed changes to KiwiSaver default provider arrangements. The consultation closed on 18 September 2019.
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On 17 June 2019 Cabinet made policy decisions on regulations to support measures to address the misuse of the Financial Service Providers Register.
The Financial Services Legislation Amendment Act introduces a new regulatory regime for financial advice.
The Asia region funds passport allows a managed fund based in one country to be offered more easily to investors in other participating countries.
The purpose of this discussion document is to seek feedback on the proposed financial institution licensing fees to apply to licence applications made under the CoFI regime. These fees are proposed to fund the costs the FMA will incur in assessing applications.