The Minister of Commerce and Consumer Affairs has approved a new version of the Financial Advice Code, which takes effect on 1 November 2025.
The new version contains amendments that the Financial Advice Code Committee consulted on last year, which aim to clarify the competence, knowledge and skill requirements for financial advisers, having regard to the availability and quality of financial advice.
The Code Committee thanks everyone who took the time to make a submission for their input in shaping the revised Code.
We will shortly publish the new Code in PDF booklet format (similar to the layout of the current Code booklet) and in HTML format. The following documents are available now: