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Financial Markets Conduct Act 2013

Licensing and other regulation of market services - Regulating conduct of financial institutions - Duties relating to incentives regulations

446K: Financial institution must comply with incentives regulations

You could also call this:

"Banks and money businesses must follow the rules about incentives"

Illustration for Financial Markets Conduct Act 2013

If you are a financial institution, you must follow the rules made under section 546(1)(og) of the Financial Markets Conduct Act 2013. These rules are about incentives. You can find more information about these rules by looking at the regulations made under section 546(1)(og). You have to comply with these regulations.

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This page was last updated on

View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=LMS1428471.

Topics:
Money and consumer rights > Banking and loansBusiness > Industry rules
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"Intermediaries must follow rules about rewards they offer to others"

Part 6Licensing and other regulation of market services
Regulating conduct of financial institutions: Duties relating to incentives regulations

446KFinancial institution must comply with incentives regulations

  1. Every financial institution must comply with the regulations made under section 546(1)(og) (which relate to incentives).

Notes
  • Section 446K: inserted, on , by section 12 of the Financial Markets (Conduct of Institutions) Amendment Act 2022 (2022 No 36).