If a financial service provider (FSP) has been deregistered, you can apply to reregister in some circumstances. There's no fee for reregistration, but you must apply within 2 months of being deregistered.
Who can reregister
You can only reregister if your FSP:
- was still in the business of providing a financial service when it was deregistered, or
- was deregistered because you didn't pay fees that were due and we're now satisfied that these have been paid.
Before you apply
Before you apply to reregister, you must pay any overdue fees. We can't accept your application if you haven't paid them.
How to apply
To apply for reregistration, you must have:
- a RealMe® login
- an online services account with the Financial Service Providers Register (FSPR)
- authority to act for your FSP.
Log in, search for your FSP and follow these steps.
- From the My tools dropdown menu, choose Request reregistration.
- Select the reason you believe your FSP should be reregistered from the drop-down list.
- Provide further information about the reregistration request in the Comments field.
- Select Browse or Choose file to upload any supporting documents.
- Select Submit to send us your request to reregister.
- Confirm you wish to proceed with reregistration.
How we process your application
We consider your reregistration request and email you within 2 working days to advise you of the outcome.
If your application is accepted
If we accept your request for reregistration we notify:
- any authorities you were previously licensed by to provide financial services — that is, the Financial Markets Authority (FMA) or the Reserve Bank
- the Dispute Resolution Scheme you belong to, if applicable, and
- the public, by placing a notice of reregistration against your FSP on the Financial Service Providers Register (FSPR).
Filing annual confirmations
You must file an annual confirmation within 20 working days if you:
- were deregistered because we considered you were no longer carrying on business, and
- you failed to file an annual confirmation.