Back
Page last updated: 02 June 2026

Credit Contracts and Consumer Finance Act (CCCFA)

Transfer of responsibility for regulation of consumer credit will take place on 1 July 2026

From 1 July 2026 the Financial Markets Authority (FMA) will take on regulatory responsibility for the Credit Contracts and Consumer Finance Act (CCCFA), becoming the single conduct regulator for financial markets, including consumer credit.

The transfer is happening under the Credit Contracts and Consumer Finance Amendment Bill, which passed its third reading in the House on 30 May 2026.

The Commerce Commission, FMA and the Ministry of Business, Innovation and Employment (MBIE) are working together to achieve a seamless transfer. Until 1 July 2026, lenders should continue to engage with the Commerce Commission on CCCFA matters.

Read our FAQs on the transfer here: CCCFA transfer frequently asked questions

For any queries about current CCCFA matters please visit the Commerce Commission website or contact their team via email. 

We are updating this page regularly as we prepare for the transfer.

In November 2025, together with the Commerce Commission we held a series of roadshows for lenders to understand more about the transfer and what it will mean to be regulated by the FMA. The online webinar recording is available here. 

Download the presentation slides [PDF 1.1MB]

Credit Contracts and Consumer Finance Amendment Bill – Key Dates

  • 1 July 2026: FMA takes over regulatory responsibility for the CCCFA from the Commerce Commission.
  • 30 May 2026: The Credit Contracts and Consumer Finance Amendment Bill had its third reading in the House and has been passed 
  • 26 May 2026: Committee of whole House
  • 14 May 2026: Second reading in the House and debate on changes suggested by the select committee
  • 31 March 2026: The Minister of Commerce and Consumer Affairs release an Amendment Paper, proposing a number of amendments to the Bill including a transfer date of 1 July 2026.
  • 20 October 2025: Finance and Expenditure Select Committee reported back to the House, recommending by majority that the Bill be passed.
  • 20 May 2025: First reading and referred to the Finance and Expenditure Select Committee
  • 31 March 2025: Credit Contracts and Consumer Finance Amendment Bill Introduced to Parliament
  • March 2024: Cabinet approved the transfer of regulatory responsibility for the CCCFA from the Commission to the FMA

The Amendment Bill also makes a number of other changes to the CCCFA and you can read more about the Amendment Bill and changes to the CCCFA on the Ministry of Business, Innovation and Employment’s website.

 

Useful links