What is FMCA?

Last Updated: 21 Dec 2015

In summary, the Financial Markets Conduct Act 2013 (FMCA) is a piece of law that governs how financial products are created, promoted and sold. The Financial Markets Conduct Bill was introduced into Parliament in October 2011 and passed into law in September 2013. It replaces the Securities Act 1978, Securities Markets Act 1988, and incorporates and amends a range of other related investment legislation. Find out more about the Act at www.fma.govt.nz.



Was this helpful?

Related Answers

Related topics

, ,