Back

Search results

Found 3787 results. Displaying page 16 of 253

  2. 10 March 2021

    Consultation: New financial advice regime exemptions

    The Financial Services Legislation Amendment Act 2019 (FSLAA) will introduce a new regulatory regime for financial advice. We are considering where FMC Act exemptions may be useful to support the effective operation of the new regime.
    Tags
    New Financial Advice regime, Business
    Type
    Page

  3. 15 March 2023

    Business with financial advisers and nominated representatives

    Business or individual with financial advisers and nominated representatives is a way you can operate under the new financial advice regime. See the licensing requirements; costs; duties and obligations and next steps you should follow here.
    Tags
    New Financial Advice regime, Business
    Type
    Page

  4. 15 February 2023

    FMA finalises regulatory return questionnaire for licensed Financial Advice Providers

    Following consultation on the proposed standard licence conditions for all classes of Financial Advice Providers (FAPs), the Financial Markets Authority (FMA) confirmed the information FAPs must provide in their regulatory returns.
    Tags
    Media release, Authorised body under a FAP, Financial Advice Provider, Roles, Business, News & Insights
    Type
    Page

  5. 5 April 2024

    Authorised body under a financial advice provider licence

    An authorised body is an entity (eg company or partnership) named on a Financial Advice Provider licence. A licensed FAP must agree to an authorised body operating under its licence. The authorised body must be named on the financial advice provider’s transitional licence application, and the licensed FAP will be required to provide information about the authorised body when it applies for its licence.
    Individuals cannot be authorised bodies under a FAP licence and individual financial advice provider licence holders cannot engage authorised bodies under their licences.
    Find out more about registration, costs, ongoing obligations, duties, standard consitions, general reporting conditions, code of professional conduct, competency safe harbour, and liability and enforcement on this page.
    Tags
    Compliance, New Financial Advice regime, Authorised body under a FAP, Obligations, Licensing & registration, Roles, Financial Services Legislation Amendment Act (FSLAA), Business
    Type
    Page

  6. 15 March 2023

    FAP licences Classes of financial advice service

    The FMA specifies three licence classes for financial advice providers (FAP): Class 1, Class 2 and Class 3. See section 395(2) of the Financial Markets Conduct Act 2013 as amended by the Financial Services legislation Amendment Act 2019 (FMC Act).
    Licence classes apply to the manner in which regulated financial advice may be provided but do not limit the types of financial advice that may be provided under the licence, as the latter is addressed by the competency requirements in the Code of Professional Conduct for Financial Advice Services.
    Tags
    Financial Advice Provider, Licence guide, Roles, Licensing & registration, Business
    Type
    PDF, Information Sheet

  7. 25 June 2010

    Financial Advisers Urged to Get Ready for Regulation

    The Commissioner for Financial Advisers, David Mayhew, has urged advisers to get ready for the new regulatory regime. He also updated the Securities Commission's financial adviser implementation timetable.
    Tags
    Media release, News & Insights
    Type
    Page

  8. 1 December 2010

    Financial Advisers Regulatory Regime Comes Into Force

    The new regulatory regime for financial advisers begins today, with the first Authorised Financial Advisers receiving their certificates of authorisation at a ceremony in Auckland from Commissioner for Financial Advisers, David Mayhew. The regulatory regime will be phased in between today and 1 July 2011.
    Tags
    Media release, FMA, News & Insights
    Type
    Page

  9. 24 May 2021

    What to expect from your financial adviser

    When you deal with a licensed financial advice provider NZ law entitles you to minimum standards of service. Most financial advice providers must be licensed by the Financial Markets Authority. Learn more about what to expect from your financial adviser
    Tags
    Consumer
    Type
    Page

  10. 30 November 2022

    Consultation: Proposed standard conditions for financial institution licences

    Consultation on the FMA’s proposed standard conditions for financial institution licences, as part of the Financial Markets (Conduct of Institutions) Amendment Act 2022 (CoFI Act). and post consultation documents.
    Tags
    Banking, Consultations, Insurance Providers, Financial Institutions, Standard conditions, Conduct of Financial Institutions Bill (CoFI), Licensing & registration, Managed Investment Schemes, Roles, Business, Managed investment schemes
    Type
    Page

  11. 22 September 2017

    Financial Service Providers Register report

    Read about the work we’re doing to tackle misuse of the Financial Services Provider Register (FSPR) and some useful case studies that provide examples of where we’ve taken action.
    Tags
    FSPR, Roles, Reports and Papers, Financial Advice Provider, Business, News & Insights
    Type
    Page, Report

  12. 17 April 2019

    BAT Financial Management

    A warning was issued in relation to BAT Financial Management and the website www.BATFinancialmanagement.com and associated persons Dan Johnson and William Davies. Read more.
    Tags
    Suspected scam, Scams
    Type
    Page

  13. 15 March 2023

    Business or individual with financial advisers

    Business or individual with financial advisers is a way you can operate under the new financial advice regime. Holding a financial advice provider licence in your individual name means you cannot call yourself a financial adviser and you will be personally responsible for any liabilities incurred as a financial advice provider, including liabilities for breach of legal duties (we will provide more information about this soon).See the licensing requirements; costs; duties and obligations, and next steps you should take here.
    Tags
    New Financial Advice regime, Business
    Type
    Page

  14. 31 July 2023

    Financial market infrastructures

    Financial market infrastructures (FMIs) provide channels through which payments, securities, derivatives or other financial transactions are cleared, settled or recorded. Well-functioning and efficient FMIs play a critical role in promoting financial stability and economic growth. Read more about Financial Market Infrastructures (FMI) on this page.
    Tags
    Compliance, Financial market infrastructures, Roles, Business
    Type
    Page

  15. 4 August 2022

    Consumer Experience with the Financial Sector Survey

    The Consumer Experience with the Financial Sector survey is our inaugural, nationally representative survey of New Zealand consumers. The FMA commissioned the survey to gain a comprehensive understanding of consumer experiences with the financial sector. The research reveals insights into the mindset and motivations of consumers as they manage their money and deal with financial services firms.
    Tags
    Crowdfunding providers, Derivative Issuer, Financial Advice Provider, Banking, Insurance Providers, Roles, Discretionary investment management scheme (DIMS), Financial Adviser, Offer information, Directors, Business, Managed investment schemes, Peer-to-peer lending service providers
    Type
    Page, Research