The Financial Markets Authority (FMA) has opened consultation on the proposed full licence standard conditions for Financial Advice Providers, as part of the new financial advice regime. The consultation is open until Friday, 7 August 2020.
In response to the need for physical distancing during COVID-19, the Companies Office will, as a temporary measure, accept statutory declarations that meet the requirements of the Oaths and Declarations Act 1957 but are taken by alternative means.
Morgan DeVere Corporate Finance Limited has been fined $40,000 following its conviction at the Wellington District Court on two charges of breaching the Financial Services Providers (Registration and Dispute Resolution) Act 2008.
The Financial Markets Authority has obtained a conviction against Morgan DeVere Corporate Finance Limited (Morgan DeVere) for falsely claiming it was registered on the Financial Services Providers Register (FSPR).