In this special episode of our 5 mins with the FMA podcast, we take a look at outcomes- focused regulation with Liam Mason, FMA Executive Director of Evaluation and Oversight and General Counsel.
Today we’re releasing a document that provides you with an update on our approach to Outcomes-Focused Regulation. An outcomes-focused approach means we focus on the end results that regulation is aiming to achieve for New Zealand businesses, investors, consumers and financial markets. Focusing on these things ensures our regulatory efforts are proportionate and impactful, rather than getting bogged down by minor compliance matters.
While this has already been our approach to some sectors over the past year, in 2025 we will step up this approach in a way where you should see a tangible difference.
To get the best outcomes for our markets and New Zealanders the FMA will work collaboratively with industry. We’re committed to ongoing engagement with firms and industry groups to support good practices and reduce the risk of poor outcomes for New Zealanders.
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