1. Compliance
  2. QFEs & QFE advisers
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QFEs & QFE advisers

Qualifying financial entities (QFEs) are companies or organisations that are registered on the Financial Service Providers Register and have been granted QFE status.

Who needs to comply

An organisation that employs a number of financial advisers may want to become a QFE.

Calendar

See upcoming events and key dates.

Licensing

To become a QFE, a business must undertake a number of duties.  Find out more here.

Your obligations

See your obligations and terms and conditions here.

DIMS - all you need to know

To be authorised to provide a personalised DIMS service you must first meet the prescribed eligibility criteria. 

Financial advice

Putting investor interests first is at the heart of raising the standards of how financial advice is conducted.

QFE Advisers

QFE advisers are employees or nominated representatives of Qualifying Financial Entities (QFEs).  Find out more about what products they can sell and their obligations here.

Licensed QFEs

See the current list of businesses who have QFE status.

Fair dealing

Read how the FMC Act provides for fair dealing in relation to financial products and services and sets out minimum compliance standards of behaviour for people operating in the financial markets.

How we monitor QFEs

Our work focuses on the QFE's capacity to ensure compliance by its advisers. The current focus for QFE monitoring will be on 4 key areas.

AML/CFT and you

The Anti-Money Laundering and Countering Financing of Terrorism Act (AML/CFT Act) 2009 and its Regulations place obligations on New Zealand’s financial institutions to detect and deter money laundering and terrorism financing. Find out how it affects you.

 

Latest News

Consultation complete on FMA’s conduct guide: final document...

13 December 2016

Media releaseMR No.2016 – 3813 December 2016 Earlier this year the FMA consulted on a guide on good conduct, signalling to New Zealand financial services providers what to expect from interaction and engagement with the conduct regulator. With a broad range of industry submitting, the process has given the FMA valuable insight into how New Zealand financial services providers view the topic of conduct regulation in general; and the intent and content o...

Fraud and its far reaching effects hit the big screen

20 September 2016

The inaugural New Zealand International Fraud Film Festival (Fraud Film Festival) is coming to Auckland’s Q Theatre in November. The festival is timed to coincide with November’s Fraud Awareness Week and will open on Friday, 18 November.

 

Latest Consultations

Consultation paper: Requirement for managers of multiple par...

16 January 2017

First published 16 January 2017   Final date for submissions   5pm Friday 17 March 2017   Consultation document Requirement for managers of multiple participant schemes to register participation agreements Submission form Feedback form E-mail for submission consultation@fma.govt.nz (please use the title of the consultation paper for the subject line) We are seeking views on a proposal for a possible class exemption from the Fin...