1. Compliance
  2. QFEs & QFE advisers
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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

FMA publishes annual corporate plan

28 August 2017

The Financial Markets Authority is publishing its annual corporate plan for the first time, setting out its planned regulatory activities and key areas of focus to June 2018.

FADC decision on a financial adviser

22 June 2017

Media Release22 June 2017 The Financial Advisers Disciplinary Committee (FADC) has released its decision into FMA’s complaint against an authorised financial adviser. The FADC has granted name suppression for the time being, until a decision has been made on disposition. A copy of the decision can be found here. Share this Share on Facebook Tweet this...

KiwiSaver trial to target decision-making a decade out from ...

5 May 2017

Media release MR No. 2017 – 158 May 2017 The FMA is working with ANZ to see if behavioural insights can prompt more ANZ KiwiSaver members to get retirement advice, or use retirement-planning tools when they hit 56 years old. The aim of this behavioural insights pilot is to examine if adjusting communications sent to ANZ KiwiSaver members aged 56, and users of their ‘lifetimes’ investment approach, results in more members checking they are on track...

 

Latest Consultations

Consultation paper: Proposed exemption to facilitate persona...

16 November 2017

Updated 16 November 2017   Final date for submissions   5pm, Friday 15 December 2017   Consultation document Exemption to enable personalised digital advice, information sheet and application documents Submission form Feedback form E-mail for submission consultation@fma.govt.nz (please use the title of the consultation paper for the subject line)  Update 16 November 2017We are seeking comments on how our decision to grant an ex...