FMA – Financial Advice Code

Update 21 August 2025: a new version of the Financial Advice Code

The Minister of Commerce and Consumer Affairs has approved a new version of the Financial Advice Code, which takes effect on 1 November 2025.

Update 21 June 2024: Consultation on financial advice competence, knowledge, and skill

The Financial Advice Code Committee is seeking feedback on proposed amendments to the standards of competence, knowledge, and skill in the Financial Advice Code.

Update 15 March 2021: Code takes effect

The obligation to comply with the Code came into force today. The Code was approved by the Minister of Commerce and Consumer Affairs in May 2019 following our consultation with the financial advice industry and consumers in March/April 2018 and October/November 2018. Part 6 of Schedule 4 of the FMC Act provides a two-year transitionContinue reading “Update 15 March 2021: Code takes effect”