FMA levies are changing on the Disclose Register

New Financial Markets Authority (FMA) levies come into force on 1 July 2020

The levies are increasing to provide the FMA with the funding it needs to continue promoting and facilitating the development of fair, efficient and transparent financial markets, and to help enact the new financial advice regime.

The Companies Office has the responsibility of collecting these levies, through its registers, on behalf of the FMA.

For a detailed breakdown of the new levies, please see below.

FMA levy changes

All levies are in New Zealand dollars (NZD) and exclude GST

ServiceExisting FMA levyFMA levy from 1 July 2020
Product Disclosure Statement per PDS or prospectus $2,600 $3,500
Product Disclosure Statement per managed fund $530 $700
File financial statements (per set of statements under the Financial Markets Conduct Act 2013) $48 $60

Published on , last updated on .