Rule detail : 248522

NZFiMA Class Exemptions & Designations

Updated on: Oct 27, 2026

Latest Event

Oct. 22, 2026 Three Exemption Notices Gazetted
On Oct. 22, 2026, NZ GVT gazetted three exemption notices granted by NZFiMA, each replacing a 2021 notice on substantially the same terms.
The notices exempt certain offers from the disclosure and governance requirements in Parts 3 and 4 of the Financial Markets Conduct Act 2013 (Source).
The Financial Markets Conduct (Overseas Banks Offering Simple Debt Products) Exemption Notice 2026 exempts overseas banks from Parts 3 and 4 for simple debt products.
The Financial Markets Conduct (Recognised Exchanges) Exemption Notice 2026 exempts offers of products on the London Stock Exchange, Nasdaq or NYSE principal list.
The Financial Markets Conduct (Incidental Offers) Exemption Notice 2026 exempts offers of overseas listed products to existing holders and certain reconstruction offers.
The simple debt products notice applies from Dec. 1, 2026 to Nov. 30, 2031; the other two apply from Nov. 18, 2026 to Nov. 17, 2031.

On Mar. 26, NZFiMA planned to consult on expiring legislative notices.

NZFiMA explained that throughout 2025 and 2026 it will be consulting on a range of class exemptions, listed below, that are due to expire before the end of 2026.
In addition, NZFiMA will also be reviewing its class designations at the same time.
Follow, NZ GVT Jul. 2024 gazetted climate-related disclosures exemption, #220960.
List of Class Exemptions
The list of class exemptions referred to above includes the Financial markets conduct (requirement to include climate statements in annual report) exemption notice 2023.
Financial markets conduct (Australian licensees) exemption notice 2020; Financial markets conduct (Catalist Public Market) exemption notice 2021; Financial markets conduct (employee share purchase schemes) exemption notice 2021; and Financial markets conduct (overseas registered banks and licensed insurers) exemption notice.
Financial markets conduct (overseas FMC reporting entities) exemption notice 2021; Financial markets conduct (disclosure using overseas GAAP) exemption notice 2022.
Financial markets conduct (climate-related disclosures-overseas banks and insurers) exemption notice 2024; Financial markets conduct (incidental offers) exemption notice 2021; Financial markets conduct (recognised exchanges) exemption notice 2021.
Financial markets conduct (property schemes-custody of assets) exemption notice 2021; Financial markets conduct (forestry schemes) exemption notice 2021.
Financial markets conduct (overseas banks offering simple debt products) exemption notice 2021; Financial markets conduct (equine bloodstock) exemption notice 2021.
List of Class Designations
The list of class designations mentioned above include Financial markets conduct (communal facilities in real property developments) designation notice 2016; and Financial markets conduct (shares in investment companies) designation notice 2017.
Financial markets conduct (forward foreign exchange contracts) designation notice.
May 2025 Consultation Opened
On May 22, 2025, NZFiMA published Consultation: review of expiring class exemption notices, and designations, seeking feedback on the review of notices above.
Closing date for submissions is Jul. 17, 2025 at 5pm.
In Sep. 2025, NZFiMA issued class legislative notices summary, see #268350.
Dec. 2025 NZ GVT Gazetted Exemption Notice
On Dec. 1, 2025, NZ GVT gazetted Financial Markets Conduct (Requirement to Include Climate Statements in Annual Report) Exemption Notice 2025.
Exemption notice takes effect Dec. 8, 2025, and is revoked on close of Jan. 31, 2029.
In Feb. 2026, NZ GVT issued notice re exemptions for Australian advisers, #288008.
In Jun. 2026, NZ GVT issued exemption notice 2026 re Catalist public market, #303568.
In Jul. 2026, NZ GVT issued notice on employee share purchase schemes, ##307539.
Oct. 14, 2026 Exemption Notice Gazetted
On Oct. 14, 2026, NZ GVT gazetted Financial Markets Conduct (Overseas Registered Banks and Licensed Insurers) Exemption Notice 2026.
Exemption notice comes into force on Nov. 4, 2026 and is revoked on Nov. 3, 2031.
Oct. 22, 2026 Three Exemption Notices Gazetted
On Oct. 22, 2026, NZ GVT gazetted three exemption notices granted by NZFiMA, each replacing a 2021 notice on substantially the same terms.
The notices exempt certain offers from the disclosure and governance requirements in Parts 3 and 4 of the Financial Markets Conduct Act 2013 (Source).
The Financial Markets Conduct (Overseas Banks Offering Simple Debt Products) Exemption Notice 2026 exempts overseas banks from Parts 3 and 4 for simple debt products.
The Financial Markets Conduct (Recognised Exchanges) Exemption Notice 2026 exempts offers of products on the London Stock Exchange, Nasdaq or NYSE principal list.
The Financial Markets Conduct (Incidental Offers) Exemption Notice 2026 exempts offers of overseas listed products to existing holders and certain reconstruction offers.
The simple debt products notice applies from Dec. 1, 2026 to Nov. 30, 2031; the other two apply from Nov. 18, 2026 to Nov. 17, 2031.

Regulators

NZ GVT; NZFiMA

Entity Types

B/D; Corp; Exch; Ins

Reference

RF 2026/330, 2026/329, 2026/328, 10/22/2026; RF 2026/326, 10/14/2026; RF 2025/276, 12/1/2025; CP, PR 5/22/2025; PR 3/26/2025; ESG; Citation: Financial Markets Conduct Act 2013;

Functions

Environment; Financial; Legal; Registration/Licensing; Reporting; Sales Practices

Countries

New Zealand; Cross-Border