FMA consultation on expiring class exemption notices

Today the Financial Markets Authority (FMA) published a consultation paper seeking feedback in relation to its review of 16 expiring class exemption notices that support the regime under the Financial Markets Conduct Act 2013. These notices will expire between August and December 2021.

The consultation paper and the consultation page containing details on how to make a submission can each be found on the FMA’s website.

Who needs to read it?  Why?

Businesses relying on or looking to rely on the expiring exemption notices below should take the opportunity to provide feedback through this consultation so that the FMA can review whether the expiring notices remain effective in providing relief.

What does it cover?

The 16 expiring class exemption notices that the FMA are looking for feedback on are:

What next?

Submissions close on 20 August 2020 and may be sent to consultation@fma.govt.nz.

If you have any questions in relation to how the exemption notices may apply to you or would like our help in making submissions, please contact one of our experts.

Who can help