We are a member of the New Zealand Council of Financial Regulators (CoFR). This is an important forum for financial market regulators and policy agencies collaboration and information sharing. CoFR formally meets quarterly to discuss financial markets regulatory issues, risks and priorities. It comprises of senior leaders from each agency including the RBNZ Governor and the FMA Chief Executive who alternate chairing meetings. Representatives from other regulatory and government agencies are also invited to attend meetings as required.
CoFR has signed a regulatory charter that promotes good regulatory stewardship to monitor the performance and quality of the financial markets regulatory system. MBIE developed the charter as a management tool to set expectations and provide an overview of the regulatory system.
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