Request for FMA levy relief
If you registered your company (or companies) on the Financial Service Providers Register between 25 November 2019 and 18 March 2020, the registration fees you paid included a Financial Markets Authority (FMA) levy.
However, new regulations offer relief from this levy for those who:
- rely on a sole-adviser exemption in the current regime, and
- have registered a company on the FSPR after 25 November 2019 and indicated the company’s intention to apply for a transitional financial advice provider licence or to be an authorised body under another financial advice provider’s licence.
On 1 July 2020 the FMA levy increased from $460 (plus GST) to $480 (plus GST). The amount you are entitled to by way of relief will depend on when you paid your registration fees.
How to apply
After you have registered your company (or companies) on the FSPR you can complete this request for relief.