Financial Markets Conduct (Revocation of Exemptions) Notice 2025
FMC Act update: Revokes 4 exemption notices from 12 June 2025, aligning with new Financial Markets Conduct Regulations 2025 changes.
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While the law gives us broad powers to grant exemptions from compliance with specific provisions in the FMC Act, we consider that our exemption power only extends to compliance provisions, not to liability provisions.
FMC Act update: Revokes 4 exemption notices from 12 June 2025, aligning with new Financial Markets Conduct Regulations 2025 changes.
Westpac exempt from FMC Act subpart 6A for cross-border services to certain NZ consumers under 2025 exemption notice.
The Financial Markets Conduct (Conduct of Financial Institutions – Marac Insurance Limited) Exemption Notice 2025, exempts Marac Insurance Limited (MIL)
The Financial Markets Conduct (Climate-related Disclosure – FMG Insurance Limited) Exemption Notice 2025 (Notice) exempts FMG Insurance Limited (FMGIL).
FMA grants Xero Limited exemption under FMC Act for ASX share plan offer to NZ investors, effective 27 June 2025.
Harbour Asset Management Limited exempted from disclosing borrower names in Hunter Private Credit Fund under FMC Regulations 2025, with conditions applied.
FMA grants Interactive Brokers LLC exemptions for NZ client money rules, aligning with US regulations from July 2025 to July 2030.
The Financial Markets Conduct (Climate-related Disclosures—Assurance Engagement) Exemption Notice 2025 (Notice) concerns disclosure requirements for climate statements, or group climate statements.
FMA grants 2025 exemption to Craigs Investment Partners entities for ESOP offers, allowing distribution of stapled securities to eligible participants outside typical regulatory constraints.
FMA grants Booster Group exemption from Part 3 of the FMC Act for share offer under court-approved scheme of arrangement.
Exemption notice for Alliance Group & Top Hat Co under FMC Act 2013 for share offers via court-approved scheme of arrangement.
Exemption for Takeovers Panel under FMC Act clarifies substantial holding disclosures, reducing market confusion and promoting confidence.
The Financial Markets Conduct (Helios Energy) Exemption Notice 2025 (the Notice) exempts Helios Energy Hold LP (Helios) from compliance with the disclosure and governance requirements of Parts 3 and 4 of the Financial Markets Conduct Act 2013 (Act), in respect of offers of limited partnership interests in Helios (including options to acquire those partnership interests) (interests), made under Helios’ staff incentive scheme (scheme) to certain employees, contractors and other eligible persons.
The Financial Markets Conduct (CIP Group) Exemption Notice 2025 (Notice) exempts CIP Holdings No. 2 Limited (CIPH2L), CIP Holdings Limited (CIPHL), and Crown TopCo Limited (New TopCo), from Part 3 of the Financial Markets Conduct Act 2013 (Act)
Exemption notice for Consilium NZ Limited managing KiwiWRAP KiwiSaver Scheme, detailing exemptions from FMC Act and Regulations.