diff --git a/arch/arm64/kernel/fpsimd.c b/arch/arm64/kernel/fpsimd.c
index 8c4c1a2186cc..ec68d520b7ca 100644
--- a/arch/arm64/kernel/fpsimd.c
+++ b/arch/arm64/kernel/fpsimd.c
@@ -1694,31 +1694,6 @@ void fpsimd_signal_preserve_current_state(void)
 		sve_to_fpsimd(current);
 }
 
-/*
- * Called by KVM when entering the guest.
- */
-void fpsimd_kvm_prepare(void)
-{
-	if (!system_supports_sve())
-		return;
-
-	/*
-	 * KVM does not save host SVE state since we can only enter
-	 * the guest from a syscall so the ABI means that only the
-	 * non-saved SVE state needs to be saved.  If we have left
-	 * SVE enabled for performance reasons then update the task
-	 * state to be FPSIMD only.
-	 */
-	get_cpu_fpsimd_context();
-
-	if (test_and_clear_thread_flag(TIF_SVE)) {
-		sve_to_fpsimd(current);
-		current->thread.fp_type = FP_STATE_FPSIMD;
-	}
-
-	put_cpu_fpsimd_context();
-}
-
 /*
  * Associate current's FPSIMD context with this cpu
  * The caller must have ownership of the cpu FPSIMD context before calling
diff --git a/arch/arm64/kvm/fpsimd.c b/arch/arm64/kvm/fpsimd.c
index 4d3d1a2eb157..ceeb0a4893aa 100644
--- a/arch/arm64/kvm/fpsimd.c
+++ b/arch/arm64/kvm/fpsimd.c
@@ -54,16 +54,18 @@ void kvm_arch_vcpu_load_fp(struct kvm_vcpu *vcpu)
 	if (!system_supports_fpsimd())
 		return;
 
-	fpsimd_kvm_prepare();
-
 	/*
-	 * We will check TIF_FOREIGN_FPSTATE just before entering the
-	 * guest in kvm_arch_vcpu_ctxflush_fp() and override this to
-	 * FP_STATE_FREE if the flag set.
+	 * Ensure that any host FPSIMD/SVE/SME state is saved and unbound such
+	 * that the host kernel is responsible for restoring this state upon
+	 * return to userspace, and the hyp code doesn't need to save anything.
+	 *
+	 * When the host may use SME, fpsimd_save_and_flush_cpu_state() ensures
+	 * that PSTATE.{SM,ZA} == {0,0}.
 	 */
-	*host_data_ptr(fp_owner) = FP_STATE_HOST_OWNED;
-	*host_data_ptr(fpsimd_state) = kern_hyp_va(&current->thread.uw.fpsimd_state);
-	*host_data_ptr(fpmr_ptr) = kern_hyp_va(&current->thread.uw.fpmr);
+	fpsimd_save_and_flush_cpu_state();
+	*host_data_ptr(fp_owner) = FP_STATE_FREE;
+	*host_data_ptr(fpsimd_state) = NULL;
+	*host_data_ptr(fpmr_ptr) = NULL;
 
 	host_data_clear_flag(HOST_SVE_ENABLED);
 	if (read_sysreg(cpacr_el1) & CPACR_EL1_ZEN_EL0EN)
@@ -73,23 +75,6 @@ void kvm_arch_vcpu_load_fp(struct kvm_vcpu *vcpu)
 		host_data_clear_flag(HOST_SME_ENABLED);
 		if (read_sysreg(cpacr_el1) & CPACR_EL1_SMEN_EL0EN)
 			host_data_set_flag(HOST_SME_ENABLED);
-
-		/*
-		 * If PSTATE.SM is enabled then save any pending FP
-		 * state and disable PSTATE.SM. If we leave PSTATE.SM
-		 * enabled and the guest does not enable SME via
-		 * CPACR_EL1.SMEN then operations that should be valid
-		 * may generate SME traps from EL1 to EL1 which we
-		 * can't intercept and which would confuse the guest.
-		 *
-		 * Do the same for PSTATE.ZA in the case where there
-		 * is state in the registers which has not already
-		 * been saved, this is very unlikely to happen.
-		 */
-		if (read_sysreg_s(SYS_SVCR) & (SVCR_SM_MASK | SVCR_ZA_MASK)) {
-			*host_data_ptr(fp_owner) = FP_STATE_FREE;
-			fpsimd_save_and_flush_cpu_state();
-		}
 	}
 
 	/*