Back to Bills (proposed laws)

Financial Markets (Conduct of Institutions) Amendment (Duty to Provide Financial Services) Amendment Bill

Member's Bill
Published date: 22 Apr 2025

Bills are proposals to make a new law or to change an existing one. Only Parliament can pass a bill. Each bill goes through several stages, giving MPs and the public the chance to have their say.

This bill amends the Financial Markets (Conduct of Institutions) Amendment Act 2022 to place a new duty on financial institutions to provide financial services to customers except in situations based on law or for valid and verifiable commercial grounds.
person
MP in charge
Andy Foster
confirmation_number Bill No.125-1
account_balance54Parliament
description

Read the bill

Link to NZ Legislation website

Progress of the Bill

  • groups
    Select Committee
  • 2
    Second Reading
  • Committee of Whole House
  • 3
    Third Reading
  • Royal Assent
info_outline
First Reading

The House debates and votes on the bill. It is usually referred to a select committee.

Resources

  • Member(s) in charge: Andy Foster
    Type of Bill: Member's
    Parliament: 54
    Bill no: 125-1
    Introduction: 19 Feb 2025