Consultation paper: Including an annual declaration of compliance in regulatory returns and updating the standard regulatory returns condition

First published 16 April 2018 

We are seeking feedback from market licensees on a proposal to require licensees to make an annual declaration of compliance as part of the regulatory return.

Licensees will be asked to confirm they have adequate systems, processes and controls in place to ensure compliance with their market services obligations and that they have operated effectively over the relevant period.

We are also proposing to update the wording of the market service licence condition that requires licensees to submit a regulatory return.

Submissions closed at 5pm, Monday 14 May 2018

If you have questions please email consultation@fma.govt.nz. In the subject title please state 'Consultation on including an annual declaration of compliance in regulatory returns and updating the standard regulatory returns condition'.