Back

Search results

Close advanced search

Found 5965 results. Displaying page 1 of 398

  3. 22 March 2023

    Board and governance

    The FMA was established by the Financial Markets Authority Act 2011. The Minister of Commerce and Consumer Affairs is responsible for the FMA. The Minister sends us an annual Letter of Expectations. Our current Minister is the Hon Dr David Clark. This page introduces our Board and governance. We also provie details of our CE expenses on this page.

    https://www.fma.govt.nz/about-us/governance-and-board/

    Tags
    FMA Board, FMA
    Type
    Page

  6. 20 March 2023

    Climate related disclosures

    The New Zealand government has introduced a new regime making climate-related disclosures mandatory for some organisations. Organisations covered (known as Climate Related Entities or CREs) will have to make annual disclosures covering governance arrangements, risk management, strategies and metrics and targets for mitigating and adapting to climate change impacts. The requirement applies to the larger publicly listed companies, big insurers, banks, non-bank deposit takers and investment managers. Read more on the FMA website

    https://www.fma.govt.nz/business/focus-areas/ethical-finance/climate-related-disclosures/

    Tags
    Directors, Ethical finance, Climate related disclosure, Roles, Business, Managed investment schemes, Supervisor
    Type
    Page

  8. 17 March 2023

    Financial advice regulatory regime - now in full effect

    Financial advice regulatory regime now in full effect and all financial advice providers (FAPs) must hold or operate under a full licence from the FMA if they want to provide regulated financial advice to retail clients.

    https://www.fma.govt.nz/news/all-releases/media-releases/financial-advice-regulatory-regime-now-in-full-effect/

    Tags
    Media release, Authorised body under a FAP, Financial Advice Provider, Financial Adviser, New Financial Advice regime, Roles, Business, News & Insights, Nominated representatives
    Type
    Page

  11. 16 March 2023

    How the FAP licence classes compare

    Before you apply for a Financial Advice Provider (FAP) licence, you’ll need to decide whether you want to be considered for a Class 1, Class 2, or Class 3 licence. Use this table as a general guide to help you determine the class of FAP licence that is best suited to you and your plans for your business.

    https://www.fma.govt.nz/assets/Licensing-guides/How-the-FAP-licence-classes-compare.pdf (57 KB)

    Tags
    Financial Advice Provider, Licence guide, Roles, Licensing & registration, Business
    Type
    PDF

  15. 15 March 2023

    Business or individual with financial advisers

    Business or individual with financial advisers is a way you can operate under the new financial advice regime. Holding a financial advice provider licence in your individual name means you cannot call yourself a financial adviser and you will be personally responsible for any liabilities incurred as a financial advice provider, including liabilities for breach of legal duties (we will provide more information about this soon).See the licensing requirements; costs; duties and obligations, and next steps you should take here.

    https://www.fma.govt.nz/business/legislation/new-financial-advice-regime/getting-prepared/with-financial-advisers/

    Tags
    New Financial Advice regime, Business
    Type
    Page