Registering a financial service provider (FSP)
To register as a financial service provider you must apply online. The process depends on what kind of provider you are — an individual or an entity.
- Preparing to register an FSP Before you apply to register as a financial service provider, you’ll need to make some key decisions and gather all the necessary information about yourself and your business.
- AML/CFT reporting entities Find out if you’re a ‘reporting entity’ with obligations under the Anti-Money Laundering and Countering Financing of Terrorism (AML/CFT) Act 2009.
- Registering as an individual Find out how to apply as an individual to register a financial service provider (FSP) on the FSPR.
- Registering as an entity Find out how to apply as an entity to register a financial service provider (FSP) on the FSPR.
- Registering from overseas There are rules for registering a financial service provider from outside of New Zealand.
- Amending, withdrawing or discarding an application You can't withdraw an application after you've submitted it to us, but you can amend it beforehand.
- Criminal history checks During registration, or when you update your FSP's details, we may check your criminal history.
- Code of conduct The Code of Professional Conduct for Financial Advice Services sets standards of competence, conduct and client care.
- Requirements for financial advice providers and financial advisers Every financial adviser must be engaged by (or ‘linked to’) a licensed financial advice provider (FAP) within a specified timeframe.