Financial Advisers

All financial advisers must comply with the requirements of the Financial Advisers Act 2008.

View the AFA Survey - summary of findings and FMA response.

View the Code of Professional Conduct.

• Who Needs to Comply

  Information on what a financial adviser is, who needs to comply, and a flowchart to help individuals work out their adviser type.
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• How to Get Licensed

  A link to the Financial Service Providers Register, plus the resources you need to become an AFA or to apply to be a QFE.
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• Your Obligations

  The common obligations for all advisers and the additional obligations that apply for each adviser type.
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• Monitoring and Surveillance

  How we monitor, and our current focus for each adviser type and for those on the perimeter of financial advice and services.
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• Guidance Notes

  The approach FMA takes to interpreting various requirements under legislation.
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• Disciplinary Process

  FMA has a formal complaints process if people or companies breach requirements. AFAs who breach the Code may also face the Disciplinary Committee.
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• Money Laundering and Financing Terrorism

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• Fees and Levies

  Information on the licensing and ongoing fees RFAs, AFAs and QFEs must pay.
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• Exemptions

  Guidance, existing exemption notices and how to apply for an exemption.
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