1. About us
  2. What we do

What we do

Page last updated: 21 Feb 2019

The Financial Markets Authority (FMA) plays a critical role in regulating capital markets and financial services in New Zealand.

We are the New Zealand government agency responsible for enforcing securities, financial reporting and company law as they apply to financial services and securities markets. We also regulate securities exchanges, financial advisers and brokers, auditors, trustees and issuers - including issuers of KiwiSaver and superannuation schemes. We jointly oversee designated settlement systems in New Zealand, with the Reserve Bank of New Zealand (RBNZ).

We are a member of New Zealand’s Council of Financial Regulators, alongside the Reserve Bank of New Zealand, New Zealand Treasury and the Ministry of Business, Innovation and Employment. We’re also a member of IOSCO - the International Organisation of Securities Commissions.

Our vision is to promote and facilitate the development of fair, efficient and transparent financial markets.

As a risk-based conduct regulator, we focus our resources on conduct that we think poses the most significant risk to achieving this objective.

For a list of our major achievements and activities over the last 12 months, please see our latest annual report