The FMA is reviewing whether to renew for a further five years an existing class exemption notice for certain providers of discretionary investment management services (DIMS) who are licensed to provide DIMS under Part 6 of the Financial Markets Conduct Act 2013 (FMC Act).  

The exemption provides relief to small and medium-sized DIMS licensees from certain financial reporting and audit requirements required under Part 7 of the FMC Act.  

We invite your feedback to support our review of this exemption notice. Please use the feedback form above. 

Download Consultation: Renewal of class exemption for DIMS licensees from certain financial reporting requirements PDF