FSC Consultations 2025
The FSC submits regular industry feedback as the voice of the financial services industry to drive outcomes to grow the financial confidence and wellbeing of New Zealanders.
This page covers the consultations, discussion documents or Bills before Parliament that the FSC intends to submit on, or are open for noting.
Please click on the current consultations for more details on the FSC Submission Process and how FSC members can get involved. These pages are accessible to FSC members only, which include all staff at FSC member organisations. Please click here to sign up to the Member's Area.
Please refer to the 'Completed submissions and outcomes' section below for status updates and FSC Debriefs (accessible to FSC members only) detailing the outcomes of FSC activities in the submissions space.
Current consultations:
- 23 October: Finance and Expenditure Committee: Taxation (Annual Rates for 2025-2026, Compliance Simplification, and Remedial Measures) Bill
Open consultations for noting:
The following consultations are also open, for noting:
- 24 October: FMA: Proposed class exemption for entities incorporated in foreign jurisdictions from New Zealand climate reporting duties
- 27 October: MBIE: Consultation on Standards - Customer and Product Data Act 2025
- 31 October: FMA: Tokenisation in Financial Markets
- 31 October: RBNZ: Liquidity Management Review
- 7 November: FMA: Proposed updated guidance for ethical investing disclosure
- 24 November: RBNZ: Use of the word 'bank' under the DTA
2025 completed submissions and outcomes
| Date | Submission | Status |
| 1. 23 January 2025 | Employment Relations (Employee Remuneration Disclosure) Amendment Bill |
Education and Workforce Select Committee Report Final Act here FSC Debrief here |
| 2. 14 February 2025 | MBIE: Enabling KiwiSaver investment in private assets | |
| 3. 14 February 2025 | MBIE: Adjustments to the climate-related disclosures regime | FSC Debrief here |
| 4. 9 May 2025 | ||
| 5. 12 May 2025 |
MBIE: Targeted Consultation on the Contracts of Insurance Act |
|
| 6. 30 May 2025 |
FMA: Proposed reporting, audit and assurance exemptions for schemes in wind-up |
|
| 7. 6 June 2025 | 4 July 2025 Update from IR:
IR are considering next steps and will be in touch with industry when they have more certainty on their way forward. |
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| 8. 23 June 2025 | Finance and Expenditure Select Committee: Financial Markets Conduct Amendment Bill | Select Committee Report due 20 October 2025 |
| 9. 25 July 2025 | FMA: Streamlining Standard Conditions | |
| 10. 5 Sept 2025 | Amendments to the Fair Trading Act 1986: Unfair Contract Terms | |
| 11. 24 September 2025 | Proposed Amendments to the Climate and Assurance Standards |
2024 completed submissions and outcomes
2023 completed submissions
Click here to view a list of the FSC's 2023 submissions.
2022 completed submissions
Click here to view a list of the FSC's 2022 submissions.