diff --git a/arch/arm64/kernel/fpsimd.c b/arch/arm64/kernel/fpsimd.c
index 3fcacbce5d42..47425311acc5 100644
--- a/arch/arm64/kernel/fpsimd.c
+++ b/arch/arm64/kernel/fpsimd.c
@@ -1671,31 +1671,6 @@ 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 ec82d0191f76..1765f723afd4 100644
--- a/arch/arm64/kvm/fpsimd.c
+++ b/arch/arm64/kvm/fpsimd.c
@@ -79,9 +79,16 @@ void kvm_arch_vcpu_load_fp(struct kvm_vcpu *vcpu)
 	if (!system_supports_fpsimd())
 		return;
 
-	fpsimd_kvm_prepare();
-
-	vcpu->arch.fp_state = FP_STATE_HOST_OWNED;
+	/*
+	 * 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}.
+	 */
+	fpsimd_save_and_flush_cpu_state();
+	vcpu->arch.fp_state = FP_STATE_FREE;
 
 	vcpu_clear_flag(vcpu, HOST_SVE_ENABLED);
 	if (read_sysreg(cpacr_el1) & CPACR_EL1_ZEN_EL0EN)
@@ -100,11 +107,6 @@ void kvm_arch_vcpu_load_fp(struct kvm_vcpu *vcpu)
 		vcpu_clear_flag(vcpu, HOST_SME_ENABLED);
 		if (read_sysreg(cpacr_el1) & CPACR_EL1_SMEN_EL0EN)
 			vcpu_set_flag(vcpu, HOST_SME_ENABLED);
-
-		if (read_sysreg_s(SYS_SVCR) & (SVCR_SM_MASK | SVCR_ZA_MASK)) {
-			vcpu->arch.fp_state = FP_STATE_FREE;
-			fpsimd_save_and_flush_cpu_state();
-		}
 	}
 }