22 December 2020

Financial Markets Conduct (Overseas Providers of Custodial Services – Assurance Engagement) Exemption Notice 2020

Name of Notice	Financial Markets Conduct (Overseas Providers of Custodial Services – Assurance Engagement) Exemption Notice 2020
Gazette Notification Date	2020-11-18
Date In Force	2021-03-15
LI Number	LI 2020/326
SL Number
Act	Financial Markets Conduct Act 2013
Type	Class Exemption Notice
Expiry Date	2026-05-14

Summary: Financial Markets Conduct (Overseas Providers of Custodial Services – Assurance Engagement) Exemption Notice 2020 (view the notice) will provide exemptions for overseas providers from getting an assurance engagement with a New Zealand auditor that complies with certain requirements in the FMC Regulations that will apply when the new financial advice regime comes into force on 15 March 2021. Assurance engagements can instead be obtained with auditors in certain overseas jurisdictions and comply with overseas requirements.