The Registrar of Financial Service Providers is the Registrar of Financial Service Providers.
New Zealand passed The Financial Service Providers (Registration and Dispute Resolution) Act 2008 on 29 September 2008.Since August 16, 2010, FSPR, the financial service enterprise regulatory agency, began to accept applications from financial enterprises. Since December 1, 2010, almost all financial service enterprises in New Zealand need to register with FSPR to provide corresponding financial services.
Apply for FSP advantages
1. On the FSP website, investors can check the registration information and related service fields of relevant companies, which increases the transparency of financial companies and facilitates information disclosure;
2. The New Zealand asset management authority can avoid money laundering and other financial crimes in accordance with international laws;
3. Provide one-stop registration, supervision and information disclosure services for financial service enterprises.
Apply for New Zealand FSP
Financial services companies registered in New Zealand and providing financial services within and outside New Zealand must be registered with FSPR to obtain the legitimacy of the relevant financial services business.
DRS. Dispute resolution program
According to the above New Zealand's 2008 financial services companies registered and dispute settlement act, the individual investors provide retail financial services company (for example: foreign exchange brokers) must also to the dispute resolution programme (dispute resolution scheme, DRS) or government disputes fund plan, because individual investors and financial services companies when occurrence dispute solutions, the plans were able to join the DRS is a precondition for registered FSP.
Prerequisite for
One of the prerequisites: a New Zealand company (or individual);
2. Local operation in New Zealand;
Requirement 3: local New Zealand professional (licensed).
Application for New Zealand FSP financial licence
Step 1: register a New Zealand company.
Since a New Zealand company is one of the most important factors for registering a New Zealand FSP, you need to register a New Zealand company first.
Step 2: appoint a local professional to serve as the company's director.
FSP New Zealand requires local professionals to serve as directors of the company, which also requires a licence.Therefore, you need to invite and appoint such a person as a director of your company according to the business of the company.
Step 3: rent or purchase a business office in New Zealand.
The New Zealand registry will conduct a strict understanding of each enterprise applying for FSP.So you need to have a local business and a local office.The registry will visit and conduct spot checks on the business.
Step 4: if you have these, you can start filling out the form and registering.
New Zealand FSP registration information:
1. Name: registered Name of New Zealand company
New Zealand company registration Number
3. Any trading names: names of external transactions
I'd like to know your New Zealand Business address
I need to know his Address for communication
E.g. I need an E-mail address
The financial services that The FSP provides many people with their money
The name of The consumer's dispute resolution scheme The FSP has been joined
The full legal name of The director
10.Aliases of directors
11.Gender of directors
The date of birth of The director
13. Your director's Residential address of director
I'm a Senior manager of the entity
He's the owner of the company
Jack: kind of the owner
Of its constituent Date of incorporation
2. Its Residential address is of registered owner
New Zealand FSP service registration after the full set of files
Registration as FSP-Financial Services Provider
New Zealand FSP application takes time
25-65 working days
Application process for New Zealand FSP licence:
1. Client signs the letter of authorization.At the same time, the customer provides 3 company names for our search.
2. Provide at least one shareholder and director (the shareholder and director may be held by one person).
3. Time required for handling New Zealand company: it usually takes 15-20 working days to complete (excluding express delivery time).
4. Application time for FSP: 25-65 working days after completion of company registration.
Information required by shareholders and directors
1. Proof of identity: a clear copy of your passport must be provided (if you do not have a passport, a copy of your id card must be provided, such as a driver's license).
2. Proof of address: including fixed telephone bill, water and electricity bill, bank statement (with name and contact address of shareholders/directors) for any month within the past three months.
Matters needing attention
New Zealand FSP requires a local resident to serve as its director.
During the FSP application process in New Zealand, you will be randomly checked.So keep your office open.
* since July 1, 2014, New Zealand has re-examined all financial services including financial license. Since then, they have introduced the international financial law, so their supervision is quite strict. In the near future, they will also introduce the margin system ($1 Million).