28883 (2025). Arena Williams to the Minister of Commerce and Consumer Affairs

Written Question
Published date: 23 Jun 2025
28883 (2025). Arena Williams to the Minister of Commerce and Consumer Affairs: How many staff, if any, are affected by the transfer of Credit Contracts and Consumer Finance Act 2003 regulatory functions from the Commerce Commission to the Financial Markets Authority?
Hon Scott Simpson: As of 9 June 2025, 24 Commission staff members are expected to be transferred to the Financial Markets Authority when regulatory responsibility for the Credit Contracts and Consumer Finance Act is transferred.