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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.
The Financial Markets Conduct (Conduct of Financial Institutions — Veterinary Professional Insurance Society Incorporated) Exemption Notice 2025 (Notice) exempts Veterinary Professional Insurance Society Incorporated (VPIS) from the requirements under the Financial Markets Conduct Act 2013
The Financial Markets Conduct (Conduct of Financial Institutions – Australia and New Zealand Banking Group Limited) Exemption Notice 2025 (Notice) relates to two independent and discrete activities undertaken by Australia and New Zealand Banking Group Limited (ANZBGL).
Exemption for Ventia Services Group from NZ climate disclosure rules due to compliance with Australian sustainability standards.
ANZ Group Holdings Limited exempted from NZ climate reporting under FMC Act due to immaterial side assets and ANZ Bank coverage.
Exemptions for overseas custodians of registered schemes from New Zealand auditor requirements under FMC Regulations 2014.
The Financial Markets Conduct (Conduct of Financial Institutions — First Insurance Limited) Exemption Notice 2025 (Notice) exempts First Insurance Limited (FIL) for three months from the requirements under the Financial Markets Conduct Act 2013 (as amended by the Financial Markets (Conduct of Financial Institutions) Amendment Act 2022)
This notice provides exemptions for certain overseas providers of custodial services from getting an assurance engagement with a New Zealand auditor that complies with certain requirements in the Financial Markets Conduct Regulations 2014 (FMC Regulations).
New FMC Act exemption offers 5-year financial reporting relief for NZ entities in liquidation, receivership, or VA.
The Financial Markets Conduct (Conduct of Financial Institutions — QBE Insurance (Australia) Limited) Exemption Notice 2025 (Notice) exempts QBE Insurance (Australia) Limited (QBE), for three months, from the requirements under the Financial Markets Conduct Act 2013 (as amended by the Financial Markets (Conduct of Financial Institutions) Amendment Act 2022)
FMA grants QBE 5-year exemption from CoFI licensing for aviation insurance, ensuring fair access with overseas law disclosure.