We are New Zealand’s Financial Conduct Regulator

The Financial Markets Authority – Te Mana Tātai Hokohoko

We're responsible for promoting and facilitating fair, efficient, and transparent financial markets in New Zealand

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The Financial Markets Authority (FMA) is New Zealand's principal conduct regulator for financial markets. As an independent Crown entity, we work to ensure financial markets are fair, efficient, and transparent - supporting a strong economy and the financial wellbeing of all New Zealanders.

We licence and supervise financial services providers, enforce standards, and provide guidance to help firms comply with the law. We also offer resources to help consumers make informed financial decisions.

Our approach is outcomes-focused, transparent, and risk-based. We collaborate across the system to improve financial outcomes and act where we can make the greatest impact.

 

Learn more about what we do

RECOMMENDED READING

Financial Conduct Report

The Financial Conduct Report sets out the FMA's regulatory priorities for the next 12 months to support our statutory objective of fair, efficient and transparent financial markets, and demonstrates our outcomes-focused approach in practice.  

We encourage boards, executives and leaders to use the Financial Conduct Report to understand FMA’s regulatory priorities for the coming year and consider any insights for their business to secure better outcomes for consumers and markets. 

View the Financial Conduct Report

Latest news

FMA censures Opes for breaching financial advice provider licensee obligations  
FMA censures Opes for breaching financial advice provider obligations, citing record-keeping, client understanding, and conflict risks.
Two Kaupapa Māori research papers released to fill gaps in sector data
FMA releases Kaupapa Māori research on Māori consumer experiences and innovative providers in Aotearoa financial markets.
Tower ordered to pay $7 million penalty for misleading representations
General insurer Tower has been ordered to pay a $7 million penalty for misleading representations that resulted in more than $11 million in overcharge ...
FMA releases thematic review on financial institutions’ product and services reviews
FMA releases thematic review on financial institutions’ product and service reviews to improve consumer outcomes and fair practices.
EU allows continued use of New Zealand regulated financial benchmarks
FMA welcomes EU decision recognising NZ financial benchmarks as equivalent ensuring BKBM use in EU from January 2026.
FMA cancels HGL’s financial advice provider licence
FMA cancels Hope Group Limited’s financial advice licence over serious conduct breaches, false applications, and client overcharging.