The New Zealand Financial Markets Association (NZFMA) is the industry association for institutional participants in New Zealand’s wholesale financial markets.
NZFMA represents the common interests of its members by:
- advocating on relevant matters,
- promoting high professional standards in the conduct of business in New Zealand’s wholesale financial markets,
- maintaining common conventions and guidance that support efficient and ethical practices by members,
- maintaining a repository of standard wholesale financial markets documentation,
- coordinating professional education programmes and accrediting employees of member organisations,
- promoting the importance of New Zealand’s wholesale financial markets, and
- facilitating the provision of key New Zealand financial benchmarks.
In 2021 NZFMA established a subsidiary, the New Zealand Financial Benchmark Facility Limited (NZFBF), to provide benchmark administrator services for the NZFMA owned benchmarks.
Latest News
The Financial Markets Authority has granted NZFBF an administrator of financial benchmarks licence, a key step in achieving EU Benchmark Regulation equivalence. This milestone ensures BKBM can continue to be referenced by European entities trading NZD derivatives beyond 31 December 2025.
These Equity Definitions VE Protocol was launched on 27 October as planned.
The scheduled effective date remains unchanged on 26 October 2026.
NZFMA is pleased to announce the appointment of Donna Purdue as Chief Executive, effective 20 October 2025.
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