Good character and criminal convictions: Financial Advisers Act 2008

The Financial Advisers Act 2008 gives the Securities Commission the ability to authorise financial advisers. The sections of the Act enabling authorisations came into force in December 2010. This guide describes the Commission’s process and policies for the assessment of the character of applicants for authorisation, from that date onwards. The guide is intended to answer some of the queries the Commission has received regarding the assessment of good character, as well as provide further guidance on the information applicants need to provide to the Commission in relation to criminal convictions.