The Ministry has issued a discussion document on proposals for fee setting related to the implementation of Phase 2 of the Financial Markets Conduct Act 2013 (FMCA). These fees are required to be in effect by 1 December 2014.

The discussion document seeks comments on the proposals for:

  • fees for the FMCA registers;
  • the FMA levy on lodgement of a product disclosure document;
  • revised fees for the FMA where market services providers require FMA’s consent or approval;
  • fees for the licensing of financial market operators; and
  • variation fees under the Financial Advisers Act 2008.

For further information click here.