Financial Markets Authority (FMA)

Name of agreement	KiwiSaver administration
Agency data share is with	Financial Markets Authority
MoU title	Supply of information for the administration of KiwiSaver
Agency using the data	Financial Markets Authority and Inland Revenue
Purpose	Supply of information to an agency to enable it to perform or exercise its functions, powers or duties relating to the administration of KiwiSaver
Data exchanged	Inland Revenue supplies FMA with the following information on a regular basis: KiwiSaver member count by join type and scheme assigned method - by provider, by administrator, by scheme employer preference notice opt outs financial hardship contribution holidays - members who have enrolled into KiwiSaver via their employers financial hardship contribution holidays - members who have enrolled into KiwiSaver via a scheme provider contribution holidays - all KiwiSaver schemes contribution holidays - length detail Inland Revenue may supply the FMA with the following information on an ad hoc basis: member transfers in/out of KiwiSaver schemes other information about default providers administration issues information related to FMA investigations breach of trade mark licence or requirements, other breaches of Scheme Provider Agreements complaints information about providers complaints information - identifiers FMA may supply Inland Revenue with the following information on an ad hoc basis: breach of legislation, regulations, Code of Conduct for Authorised Financial Advisers
Legal authority	Section 157 of the KiwiSaver Act 2006 and schedule 7, part C, clause 31 of the Tax Administration Act 1994

Te Mana Tātai Hokohoko (FMA) Financial Markets Authority (FMA)

Financial Markets Authority (FMA)