1. Compliance
  2. Licensing and registration
  3. Licensing forms and resources
  4. Derivatives Issuers

Derivatives Issuers

Before you start

Please read these documents carefully as they contain all the information you need to know so you can complete and submit your application online.

  • our two licensing guides (PART A and PART B) - see below
  • the Standard Conditions for derivative issuer licences


This guide contains information about the licensing process and includes many FAQs you might have. It also explains how to:

  • use our online application form
  • create a RealMe identity, if you don't already have one
  • pay your licensing fee.


This guide contains all the specific questions you’ll be asked and the minimum standards you’ll need to show you meet. It also details the information and supporting documents you’ll need to provide when you submit your application.

Standard conditions for derivatives issuer licences

In your application you'll need to demonstrate how you can meet the minimum standards and conditions for your licence - or ask us for a limit or variation using the forms below. This is very important because when a licence is granted, they contain conditions that support your licensee obligations. They include conditions imposed by the FMC Act, the regulations, and any conditions imposed by the FMA.

Make your application easier

Before you apply there are some things you can do to ensure your application runs as smoothly as possible:

  • review the licensing guides on our website 
  • set up your RealMe login details early 
  • focus on the minimum standards – we will assess your business against them when processing your application
  • we’re here to help so please contact us if you have any questions either by email fmcapplications@fma.govt.nz or phone 0800 434 567.

Log in now to start your application


Licensing declarations and certificates
For applicants

SD1.0  Certificate of compliance and authority to apply (applicant or their authorised person)

SD1.1  Declaration by current/proposed director of licence applicant

SD1.2  Declaration by current/proposed senior manager of licence applicant

SD1.3  Curriculum vitae of management team member of licence applicant

SD1.4  Declaration  by Independent trustee (individual) -  a combined certificate and declaration

For related bodies of the applicant

SD2.1  Declaration by executive director of related body to licence applicant

SD2.2  Declaration by senior manager of related body to licence applicant

For relevant parties to the applicant

SD3.1  Declaration by director of relevant party to licence applicant

SD3.2  Declaration by senior manager of relevant party to licence applicant

SD3.3  Declaration by individual relevant party to licence applicant (such as owner)

Amendments and changes

For new directors, senior managers and/or key personnel by a licensee or an authorised body

This notification form must be completed and emailed to compliance@fma.govt.nz each time a director or senior manager is appointed or ceases to hold office.(Refer Financial Markets Conduct Regulations 2014 S. 191)

Notification of change of director or senior manager by licensee and/or key personnel of authorised body