Guidance Library

Annual AML/CFT report user guide

The Annual AML/CFT report user guide is designed to help reporting entities complete their annual AML/CFT report.

MIS liquidity risk management review

Recommendations on liquidity stress testing frameworks, processes and procedures for managed investment schemes (MIS).

Financial advice given for the purpose of complying with lender responsibilities

This information sheet explains the circumstances that may exclude a lender from some Financial Markets Conduct Act 2013 (FMC Act) obligations related to financial advice. The exclusion applies only in relation to consumer credit contracts and certain credit-related insurance contracts.

Managed fund fees and value for money

Guidance and principles to help managers and supervisors of KiwiSaver schemes and other managed investment schemes to demonstrate how they are meeting their existing obligations, statutory duties, and conduct expectations in respect of fees and value for money.

KiwiSaver performance fees

This guidance note is intended for the managers and trustees of KiwiSaver schemes. It sets out the criteria against which FMA will assess the reasonableness of KiwiSaver performance fees.

Australian Licensees Exemption Notice guidance

This guidance note provides an overview of the exemption notice relating to Australian advice businesses giving advice to New Zealand retail clients, and the circumstances in which a business may be able to rely on it.

Complying with the prohibition on the notice of trusts on registers

This information sheet explains the FMA’s expectations in regards to how issuers of regulated products can comply with the prohibition on the notice of trusts being entered on the register that is required to be kept by the issuer.

Disclosure framework for integrated financial products

This document gives guidance on the advertising and disclosure expectations of the Financial Markets Authority in respect of financial products that incorporate non-financial factors.

Providing overseas firms’ research reports to retail clients

Research reports produced by overseas firms may be distributed by New Zealand advice firms to their retail clients. This information sheet discusses how this will be regulated under the Financial Markets Conduct Act 2013 (FMC Act) from 15 March 2021.

Green bonds – same class exclusion

This information sheet explains the circumstances in which an issuer can make an offer of green bonds under the same class exclusion. It also explains when the Financial Markets Authority (FMA) might consider granting an individual exemption to facilitate offers of green bonds with the same credit characteristics as quoted ‘vanilla’ bonds from the same issuer.

Who will need a licence to provide financial advice?

Only those operating under licensed financial advice providers can give advice to retail clients. This advice can be provided in various ways, including directly through online facilities such as digital advice, or through financial advisers or nominated representatives.

Audit quality - a director’s guide

Audit quality – a director’s guide offers guidance for directors and shareholders of New Zealand FMC reporting entities about how to improve audit quality.

Financial reporting – review findings and guidance for entities in light of COVID-19

This document outlines what we have seen in our recent reviews of financial reporting, and sets out our expectations and areas that entities should consider when preparing financial statements, particularly in light of the COVID-19 situation.

FMA’s reviews of financial reporting

FMA’s reviews of financial reporting is a statement outlining our approach to financial reporting reviews, highlighting selected areas of interest for our 2019/20 reviews. It will be useful for anyone involved in preparing or approving financial reporting for FMC reporting entities. Read more.

COVID-19: KiwiSaver significant financial hardship applications

COVID-19: KiwiSaver significant financial hardship applications – alternative steps to verify identity and financial circumstances

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