FMA gives ‘no action’ relief on climate reporting changes

FMA general counsel Liam Mason. (Image: Financial Markets Authority)

Tue, 28 Oct 2025

The Financial Markets Authority won’t be pressing companies to file climate statements if they fall below new reporting thresholds.On Oct 22 Commerce and Consumer Affairs Minister Scott Simpson lifted the mandatory climate reporting threshold for listed companies from a market cap of $60 million to $1 billion. The changes will also remove managed investment schemes from climate reporting obligations.Financial Markets Authority (FMA) general counsel Liam Mason said in a statement that many entities would be impacted by the uncertain t...

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