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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)
The Financial Markets Conduct Regulations 2014 require managers of managed investment schemes (MIS) to disclose the performance of an appropriate market index alongside the past performance of their funds in their quarterly fund updates (the market index requirement).
FMA grants QBE 5-year exemption from CoFI licensing for aviation insurance, ensuring fair access with overseas law disclosure.
FMA grants exemption to WNZ and PWC under FMC Act 2013 with conditions to reduce audit costs and improve LP transparency.