October 2013

Introduction The Financial Markets Conduct Act (“FMC Act”) was passed on 28 August 2013. This is a significant milestone for financial regulation in New Zealand. The FMC Act rewrites many of the rules for how financial products and financial services are offered to the public and how they are governed and operated. It will replace

3 October 2013 Financial Markets Conduct Act – timeline Introduction The Financial Markets Conduct Act has been passed and received the assent on 13 September 2013. This is a significant milestone for financial regulation in New Zealand. The FMC Act rewrites many of the rules for how financial products and financial services are offered to