The FMA levies on the Disclose Register are increasing from 1 July, and this will affect the total fees you’ll need to pay. This includes the levies for:
- filing financial statements
- lodging a product disclosure statement (PDS)
The change is part of the government’s plan to increase the FMA’s budget to help it fulfil its responsibilities as the financial markets regulator. Levies will increase progressively over a 3-year period between 2020 and 2022. This year’s increase is the second round of FMA levy changes.
Further information about the levy changes can be found on the Ministry of Business, Innovation and Employment (MBIE) website.
If you are due to file your financial statements or need to lodge a PDS in June, make sure you do so before 1 July to avoid paying the higher levies.