We are still accepting applications for full licences.
If you are currently operating under a FAP transitional licence you should apply for a full licence as soon as possible.
All transitional licences expire on 16 March 2023. From 17 March 2023, anyone who provides financial advice to retail clients must either hold, or operate under, a Financial Advice Provider (FAP) full licence.
Or download the FAP full licence application kit for more comprehensive information.
Note that you don’t have to answer all the questions in one go. You can save a draft and come back to finish the job when you’re ready.
What to expect when you apply for your full Financial Advice Provider (FAP) licence.
The cost of a full licence and ongoing annual levies will vary based on how you choose to operate in the new regime.
For more information on fees and levies, see MBIE’s website.