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#10 What is outcomes focused regulation?
Description
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.
The FMA is moving towards an outcomes-focused approach to regulation and part of this change is setting out ideas around fair outcomes for consumers and markets.
Our new guide: "Fair outcomes for consumers and markets" introduces outcomes-focused regulation and what it means for engagement with industry. It's open for consultation now and describes seven fair outcomes for consumers and markets we consider providers should be working towards.
We are seeking feedback and invite submissions via our website:
https://www.fma.govt.nz/news/all-releases/media-releases/fma-opens-consultation-on-fair-outcomes-for-consumers-and-markets/
Read more:
Download the proposed fair outcomes for consumers and markets consultation, PDF