Page last updated: 25 March 2025

Financial Institutions

The CoFI Act creates a new market service of “acting as a financial institution." We refer to this market service as the “financial institution service”. The licence for this new market service is known as a “financial institution licence”. 

 

Topics covered in this section

Upcoming events and announcements

22 Jul 2025 Tue 9:00am

New Zealand Risk & Resilience Summit 2025

The Summit is the key event for professionals involved in risk and resilience across various industries in New Zealand. It brings together risk leaders, industry experts, and policymakers to share strategies that go beyond traditional risk management approaches. FMA speaker Head of Insurance Jane Brown.

23 Jul 2025

Advanced Auditing course: Climate Change Assurance

06 Aug 2025

CoFI and incentives regulations webinar

12 Aug 2025

Future of Financial Services, New Zealand 2025 Conference

Latest

Financial Conduct Report
The Financial Conduct Report is an annual publication providing key regulatory priorities for the coming year for the financial advice, investment man ...
New Financial Conduct Report sets out key areas of FMA focus for the year ahead
The FMA has today released The Financial Conduct Report designed to provide clarity to the financial sector on what to expect from the regulator in th ...
AML/CFT guidance for Financial Institutions on risk ratings for new customers
This guidance is for financial institutions that operate as providers of online marketplaces. It explains how to comply with the Anti-Money Laundering ...
Consumer Confidence Factsheet 2025
A nationwide Consumer Confidence Survey was commissioned by the FMA in 2024, with the aim of gaining a better understanding of New Zealanders’ exper ...
​Key takeaways from the CrowdStrike event survey​
In October 2024, the FMA conducted a survey to see how well financial service providers were prepared for and responded to the CrowdStrike incident.
Fair conduct programme insights report
Insights from the FMA’s review of fair conduct programmes received from financial institutions ahead of the commencement of the CoFI regime