NZFMA

New Zealand has a 'twin peaks' financial markets regulatory structure.
The Financial Markets Authority is one of the peaks, and its role and functions are described on the Role and Purpose page.
The Reserve Bank of New Zealand is the other peak and it has prudential powers over the banking sector, including finance companies and credit unions.
The Financial Markets Authority's main objective is to promote and facilitate the development of fair, efficient and transparent financial markets.
Find out more about our Regulatory Approach.
Our work involves:
- investigations and enforcement
- education and information
- licensing, monitoring and supervising market participants
- anti-money laundering and countering financing of terrorism
- surveillance
- complaints
- policy and guidance
- market oversight
- relationships with other financial regulators
- MOUs with other financial regulators