Guidance library

Found 162 results. Displaying page 1 of 9

1. • AML/CFT

   18 September 2020

   AML/CFT enhanced customer due diligence guideline

   The AML/CFT enhanced customer due diligence guideline assists you to conduct enhanced customer due diligence (EDD) on your customers under the Anti-Money Laundering and Countering Financing of Terrorism (AML/CFT) Act 2009 (the Act).

   https://www.fma.govt.nz/compliance/guidance-library/amlcft-enhanced-customer-due-diligence-guideline/

2. • AML/CFT
   • Crowdfunding
   • DIMS
   • Managed investments
   • P2P lending

   9 July 2020

   High-Risk Jurisdictions subject to a "Call for Action" – FATF

   This guidance is to assist reporting entities comply with the public statement issued by FATF on High-Risk Jurisdictions subject to a “Call for Action” and the subsequent Advisory issued by the Ministry of Justice and the New Zealand Police in this regard.

   https://www.fma.govt.nz/compliance/guidance-library/high-risk-jurisdictions-fatf/

3. • COVID-19
   • Conduct
   • Corporate governance

   2 June 2020

   Customer vulnerability – our expectations for providers

   This information sheet explains the FMA’s expectations for financial services firms to prioritise a review of customer vulnerability practices in light of the COVID-19 crisis, focusing on areas we consider immediate priorities.

   https://www.fma.govt.nz/compliance/guidance-library/customer-vulnerability-our-expectations-for-providers/

4. • COVID-19
   • Audit
   • Corporate governance
   • Financial reporting
   • FMC Act

   12 May 2020

   Financial reporting – review findings and guidance for entities in light of COVID-19

   This document outlines what we have seen in our recent reviews of financial reporting, and sets out our expectations and areas that entities should consider when preparing financial statements, particularly in light of the COVID-19 situation.

   https://www.fma.govt.nz/compliance/guidance-library/financial-reporting-review-findings-and-guidance-for-entities-in-light-of-covid-19/

5. • Managed investments
   • Supervisors

   17 April 2020

   Liquidity risk management good practice guide

   This guide sets out our expectations of the MIS Managers we supervise in relation to risk management, and in particular managing liquidity risk at times of heightened market uncertainty and volatility.

   https://www.fma.govt.nz/compliance/guidance-library/liquidity-risk-management-good-practice-guide/

6. • COVID-19
   • Supervisors

   17 April 2020

   COVID-19: KiwiSaver significant financial hardship applications

   COVID-19: KiwiSaver significant financial hardship applications – alternative steps to verify identity and financial circumstances

   https://www.fma.govt.nz/compliance/guidance-library/covid-19-kiwisaver-significant-financial-hardship-applications/

7. • AML/CFT

   6 March 2020

   AML/CFT designated business group formation and change guideline

   This guideline is designed to help reporting entities forming a designated business group (DBG) understand the process for doing so.

   https://www.fma.govt.nz/compliance/guidance-library/amlcft-designated-business-group-formation-guideline/

8. • Financial advice
   • FMC Act

   4 March 2020

   Financial advice given for the purpose of complying with lender responsibilities

   This information sheet explains the circumstances that may exclude a lender from some Financial Markets Conduct Act 2013 (FMC Act) obligations related to financial advice. The exclusion applies only in relation to consumer credit contracts and certain credit-related insurance contracts.

   https://www.fma.govt.nz/compliance/guidance-library/financial-advice-given-for-the-purpose-of-complying-with-lender-responsibilities/

9. 4 February 2020

   Financial Advice Provider Transitional Licence

   This guide is for businesses or individuals applying for a Financial Advice Provider Transitional Licence. It explains how to complete your online application – including the information you will need at the time you apply.

   https://www.fma.govt.nz/compliance/guidance-library/financial-advice-provider-transitional-licence/

10. • FMC Act
    • Issuers and offers

    13 December 2019

    Green bonds – same class exclusion

    This information sheet explains the circumstances in which an issuer can make an offer of green bonds under the same class exclusion. It also explains when the Financial Markets Authority (FMA) might consider granting an individual exemption to facilitate offers of green bonds with the same credit characteristics as quoted ‘vanilla’ bonds from the same issuer.

    https://www.fma.govt.nz/compliance/guidance-library/green-bonds-same-class-exclusion/

11. 2 December 2019

    Exemptions: Financial Advisers Act 2008

    The Guidance note explains the approach of the Financial Markets Authority (the FMA) to granting exemptions under the Financial Advisers Act 2008. It is intended to provide answers to commonly asked questions in relation to exemptions and to provide information to potential applicants on the process for making an application. The guidance note is for: Financial Advisers QFEs Legal Counsel Auditors Senior Executives Supervisors Trustees Risk Officers Compliance Officers Company Directors

    https://www.fma.govt.nz/compliance/guidance-library/exemptions-financial-advisers-act-2008/

12. • AML/CFT
    • Supervisors

    22 November 2019

    AML/CFT Supervisory framework

    This guidance note describes the functions and powers of the three AML/CFT supervisors. These functions and powers of the supervisors are exercised in accordance with a core set of guiding principles to help achieve consistency and integrity in our supervisory approach. Read more.

    https://www.fma.govt.nz/compliance/guidance-library/amlcft-supervisory-framework/

13. • AML/CFT

    22 November 2019

    AML/CFT - territorial scope of the AML/CFT Act 2009

    The AML/CFT - territorial scope of the AML/CFT Act 2009 guideline is designed to help financial institutions understand the territorial scope of the Anti-Money Laundering and Countering Financing of Terrorism Act 2009.

    https://www.fma.govt.nz/compliance/guidance-library/amlcft-territorial-scope-of-the-amlcft-act-2009/

14. • Audit
    • Corporate governance
    • Financial reporting

    18 November 2019

    Audit quality - a director’s guide

    Audit quality – a director’s guide offers guidance for directors and shareholders of New Zealand FMC reporting entities about how to improve audit quality.

    https://www.fma.govt.nz/compliance/guidance-library/audit-quality-a-directors-guide/

15. 29 October 2019

    AFA Information Return – Questions

    In this document, we answer frequently asked questions and provide a list of guidance that can help you complete your return.

    https://www.fma.govt.nz/compliance/guidance-library/afa-information-return-questions/

16. • Audit
    • AML/CFT

    4 October 2019

    AML/CFT Audit Guideline for risk assessment and AML/CFT programme

    Audit Guideline for risk assessment and AML/CFT programme is designed to help reporting entities manage the requirement to audit their AML/CFT risk assessment and AML/CFT programme.

    https://www.fma.govt.nz/compliance/guidance-library/amlcft-audit-guideline/

17. 1 October 2019

    Who will need a licence to provide financial advice?

    Who will need a licence to provide financial advice? The changes to how we regulate financial advice in New Zealand mean only those operating under licensed financial advice providers can give advice to retail clients. This advice can be provided in various ways, including directly through online facilities such as digital advice, or through financial advisers or nominated representatives. If you’re currently an authorised or registered financial adviser, you can choose whether you would like your business to become a licensed financial advice provider or if you would rather work on behalf of someone else who holds a licence.

    https://www.fma.govt.nz/compliance/guidance-library/who-will-need-a-licence-to-provide-financial-advice/

18. • Corporate governance
    • Financial reporting

    11 September 2019

    The essentials of being a director

    This guide is intended to provide company directors and prospective directors with a quick reference and overview of some of the key things they should think about.

    https://www.fma.govt.nz/compliance/guidance-library/the-essentials-of-being-a-director/

19. • Corporate governance
    • Financial reporting

    11 September 2019

    Ngā mea waiwai o te tūranga whakataka (The essentials of being a director)

    Ko te kaupapa o tēnei aratohu he tuku kōrero poto, tirohanga hoki mā ngā whakataka kamupene me te hunga e marohitia ana hei whakataka mō ngā mea hira hei whakaaroaro mā rātau.

    https://www.fma.govt.nz/compliance/guidance-library/directors-guide-in-maori/

20. • AML/CFT
    • Supervisors

    9 August 2019

    Guidance on Expired Passports as Identification for CDD

    Guidance on Expired Passports as Identification for CDD issues guidance to AML/CFT supervisors using an expired passport to verify a person’s name and date of birth. This may only be part of an exception handling procedure, and not in the ‘normal course of business.’

    https://www.fma.govt.nz/compliance/guidance-library/expired-passports/