New Zealand’s Financial Markets Authority

Information for investors will now be provided in a format that is easier-to-understand and more accessible than before. The way that financial products are made available to the public has been overhauled under the Financial Markets Conduct Act 2013 (FMC Act). The first New Zealand financial products to be offered under the new regulations have started to appear on the ‘Disclose’ website this month.

Companies providing financial products are now required to produce a Product Disclosure Statement (PDS) and lodge it on ‘Disclose’ when they make a new offer available to the public under the FMC Act.

‘Disclose’ is the new online register where all offers regulated by the Financial Markets Authority (FMA) can be found in the new regulatory environment. These offers include products such as shares, bonds, managed funds and derivatives.

A PDS provides investors with the essential information they need to help them decide whether to invest in a financial product. The document needs to use clear language to explain the product and it replaces the older forms of disclosure being investment statements and prospectuses. There are also mandatory page limits for the documents.

The FMA has published a guide on its website to help investors understand how the PDS works.

The FMA’s Director for Primary Markets and Investor Resources, Simone Robbers, says the new PDS and on-line register mark the latest steps in the improvement of offer information for investors in New Zealand.

“It’s now easier for investors to access and read the information they need before investing. We expect to see many more product offers appearing on ‘Disclose’ and using the benefits of the new regulations,” said Ms Robbers. “These changes are bringing to life some of the changes recommended in the government’s Capital Market Development Taskforce.”

Offers can still be made under the Securities Act 1978 until December 2016, but the FMA encourages issuers to use the PDS format and embrace the new framework and regulations of the FMC Act sooner rather than later.

View the ‘Disclose’ website.

Read the FMA’s Product Disclosure Statement guide.

Author: Jason Williams

Share This Post On
ATM Africa

45 Comments

  1. I’ve recently started a site, the information you offer on this site has helped me greatly. Thanks for all of your time & work.

  2. I actually came over here from a different website on the subject of garageband mac and imagined I should check this out. I quite like what I see therefore I am just following you. Getting excited about checking out your website all over again.

  3. Good day, I am truly glad I found this site, I actually encountered you by error, while I was researching on Bing for firestarter. Nonetheless I’m here right now and would simply love to say thanks a lot for a fantastic blog post and the overall entertaining site (I also enjoy the theme/design), I do not have time to go through it all at the minute yet I have saved it and moreover included your RSS feed, so when I have enough time I’ll be back to go through a great deal more. Please do maintain the great work.

  4. whoah this blog is fantastic i love reading your posts. Keep up the great work! You know, lots of people are looking around for this info, you can aid them greatly.

  5. Buy Doxycycline For Horses cialis Cialis 5 Mg Vademecum

  6. oZDOm9 The Silent Shard This can likely be fairly valuable for many of the work I want to never only with my web site but

  7. Keflex Etoh [url=http://cialvia.com]cialis[/url] Metformin Buy On Line

  8. Cialis Preise Ohne Rezept viagra Cheapest Viagra Prices Licensed Pharmacies

  9. Spot on with this write-up, I really assume this web site wants far more consideration. I’ll in all probability be once more to learn way more, thanks for that info.

  10. I am very happy to read this. This is the kind of manual that needs to be given and not the random misinformation that is at the other blogs. Appreciate your sharing this best doc.

  11. Precio De La Cialis cialis Usa Direct Pharmacy

  12. See the beauty of the desert as the sun sets on the horizon and the moon and stars appear. Book our evening desert safari tour & experience a once-in-a-lifetime desert adventure!

  13. I genuinely feel this site needs much more consideration. I’ll almost certainly be again to read much more, thanks for that info.

  14. nswer 1 of 12: Hi Who is the recommended Best Desert safari Company to book with in Dubai. We will be staying at the Marina View Hotel

  15. I do not even know how I ended up here, but I thought this post was great.
    I don’t know who you are but definitely you are going to a famous blogger if you
    aren’t already 😉 Cheers!

  16. Hi! Quick question that’s entirely off topic. Do you know how to make your site mobile friendly?
    My site looks weird when viewing from my iphone 4.
    I’m trying to find a template or plugin that might be able to
    correct this issue. If you have any suggestions, please share.

    Thank you!

  17. Hello just wanted to give you a brief heads up and let you know a few of the pictures aren’t loading correctly.
    I’m not sure why but I think its a linking issue. I’ve tried it in two
    different web browsers and both show the same outcome.

  18. Hurrah, that’s what I was looking for, what a information! present here at this weblog, thanks
    admin of this website.

  19. I always read your site content carefully. I’m likewise fascinated with facetime download, perhaps you might discuss that at times. Take care.

  20. I was conversing with a friend of my own on this and even about password assistance page as well. I do believe you made a number of very good points on this page, we are looking forward to continue reading information from you.

  21. I couldn’t currently have asked for an even better blog. You are there to provide excellent assistance, going on to the point for quick understanding of your readership. You’re truly a terrific professional in this matter. Thanks a lot for always being there visitors like me.

  22. Aw, it was an extremely good post. In notion I must place in writing such as this moreover – spending time and actual effort to make a really good article… but so what can I say… I procrastinate alot and no means apparently go completed.

  23. Have you ever thought about writing an ebook or writing on other sites? I have a blog centered on the same ideas you discuss and would love to have you share some stories/information. I know my audience would value your work. If you are even remotely interested, feel free to shoot me an e mail.

  24. Hello there could you inform me which blogging platform you are utilizing? I’m looking to begin my own website on vshare download ios in the near future but I am having a tough time making the decision.

  25. Hey, you’re definitely right. I frequently read your site content closely. I’m likewise fascinated by gaming headphones, perhaps you could discuss this occasionally. Cheers!

  26. I would like to thank you for the efforts you’ve put in writing this blog. I’m hoping the same high-grade web site post from you in the upcoming also. Actually your creative writing abilities has encouraged me to get my own blog now. Really the blogging is spreading its wings rapidly. Your write up is a good example of it.

  27. yj9Vah It is remarkable, rather amusing opinion

  28. Thanks a lot for sharing this with all of us you really know what you’re talking about! Bookmarked. Kindly also visit my web site =). We could have a link exchange arrangement between us!

  29. I appreciate, cause I found exactly what I was looking for. You’ve ended my 4 day long hunt! God Bless you man. Have a great day. Bye

  30. Ha, here from bing, this is what i was searching for.

Submit a Comment

Your email address will not be published.