Financial Markets (Conduct of Institutions) Amendment BillProposed FMCA Part 6 subpart 6A
MBIE consultations (submissions close Friday 4 June 5pm)
Conduct of financial institutions treatment of intermediaries (MBIE notes that the feedback from this consultation will be used to advise the Government whether amendments should be made to the Bill via Supplementary Order Paper at Committee of the Whole House stage later in 2021.)
Commentary by MinterEllisonRuddWatts (April 2021)
Financial adviceFMCA Part 6 subpart 5A
Financial Markets Conduct Act 2013 in particular:
Part 6 subpart 5A: Additional regulation of financial advice and financial advice services
Financial Markets Conduct Regulations 2014 in particular:
Part 6 subpart 5: Disclosure for financial advice and financial advice services
Standard licence conditions: transitional and full. Also see FMA's introductory guide to full licence requirements and their webpage about the new financial advice regime.
Financial advice code which provides for minimum standards of professional conduct that must be demonstrated by persons who give regulated financial advice.