Managing your ongoing compliance Once you have set up your financial advice provider business, managing your ongoing compliance with New Zealand Financial Services Legislation Amendment Act will be an important step in operating this. The extent to which your processes will need to be documented depends a lot on the nature of the advice you …
Applying for your own licence If you’re currently an authorised or registered financial adviser running your own business, there’s a high likelihood you’ll be applying for and maintaining your own Financial Advice Provider (FAP) licence in the new regulatory regime. If you’re still considering whether or not you should be licensed, you might like to …
A Simple 6-Step Guide to Applying For Your Financial Advice Provider Licence Read More »
Introduction to licensing The Financial Services Legislation Amendment Act (FSLAA) requires Financial Advisers to be covered by a Financial Advice Provider (FAP) licence moving forward. While the change for an AFA is largely administrative, there is a lot for RFAs to consider. Under the new regime, they will need to adhere to a higher level …
Financial Advice Provider Licences: Should You Hold Your Own or Work Under Another’s? Read More »
The new Financial Services Legislation Amendment Act (FSLAA) regime outlines a number of duties that will need to be followed by financial advice providers and anyone acting on their behalf, which could affect the advice you deliver. You can read an overview of the changes that are being made here. The government Financial Advice Code …
A short introduction to the FSLAA The Financial Services Legislation Amendment Act (FSLAA) establishes a new regulatory regime for financial advice and financial advisers in New Zealand. It was passed into law on the 8th of April 2019. You’ll have around 9-months from now to get your affairs in order before the new regime will …
