What you need to take into consideration when Applying for FSP registration

What you need to know

In order to obtain a FSP registration and offer financial services in New Zealand and internationally, you will need:

To register a New Zealand legal entity;
To have its own place of business and management in New Zealand, where the company will be offering its financial services from;
To apply for membership with a government approved Dispute Resolution Scheme (in case of services provided to retail clients);
To register with FSPR for those financial activities/ services to be carried out;
To open and maintain a local business bank account;
To maintain appropriate financial and corporate records in New Zealand;
To comply with bookkeeping, accounting, pay-rolls, audit and any other legal local requirements;
To have a local resident Company’s Office Manager physically available for any Regulator’s inspection at the Company’s local premises;
To file an annual Anti-Money Laundering and Countering Financing of Terrorism Act 2009 Report (AML/CFT);
To have a risk assessment and AML program in place, from the date of registration on the FSPR; and, as per newer legislation;
To have at least a local resident New Zealand Company Director; and
Besides the basic requirements, and most importantly, including the Company (real) offices in New Zealand, an appropriate Business Plan needs to take into consideration local NZ operations:

  • Operations considering NZ clients as priority market.
  • A comprehensive Business Structure in NZ established accordingly, considering qualified staff including a head trader, a Back-Office Manager and a Compliance manager to oversee all the regulatory aspects of the company operations; recruiting of the personnel to start after approved a commence operations.

Should you have any question or
Matter you would like to discuss with us

Our multi-lingual team of business advisors is happy to assist you with all upcoming questions and issues in relation to your company. You may call or email us, and we will be happy to assist you in a fast and efficient manner. You may also come and visit us at any of our Altrincham/UK or Wellington/NZ offices to discuss issues face to face if you prefer. Just arrange an appointment and we will be happy to meet you.

Contact Us Now!








Atrium Legal Lab Limited
Wellington Representative Office, NZ

Level 1, 4 Bond Street
Wellington 6011

Email: info@fspfinancial.co.nz
Tel.: + 64 (0)4 909 7394

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