Tag: credit_contracts_and_consumer_finance_act
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FMA Prepares to Assume Consumer Credit Regulation in New Zealand
New Zealand's FMA will take over consumer credit regulation from the Commerce Commission on July 1, 2026, following a new Bill's third reading. This aims for a streamlined, coordinated approach with a new licensing regime for lenders.
BusinessPolitics and GovernmentLaw EnforcementEconomyLegalFinancial MarketsFederal GovernmentSocial Issues Financial Markets AuthorityConsumer CreditRegulatory ResponsibilityCredit Contracts and Consumer Finance ActLendingFinancial ServicesNZ Financial Markets Authority