Guidance

Found 168 results. Displaying page 11 of 12

1. 1 February 2014

   Broker obligations

   Broker obligations guidance note is based on the law as at January 2014, and is for brokers (as defined in the Financial Advisers Act 2008 (Act)). The focus of this guidance is on custody of client money and client property, and the key obligation of brokers to hold client money and client property on trust.
2. 1 December 2013

   Identity Verification Code of Practice

   Identity Verification Code of Practice provides a suggested best practice for all reporting entities conducting name and date of birth identity verification on customers (that are natural persons) they have assessed to be low to medium risk.
   
   
3. 1 November 2013

   Future of financial markets - FMA market update

   Future of financial markets - FMA market update. This document explains how the Financial Markets Authority (FMA) has worked on rebuilding market and investor confidence over the two year period following the global financial crisis, and the failure of finance companies.
4. 1 November 2013

   Financial Markets Conduct Act reforms guide

   Financial Markets Conduct Act reforms guide explains the purposes of the Financial Markets Conduct (FMC) Act 2013 and how it fits in with other financial markets reforms. There is also a big picture view of the main reforms included in the FMC Act.
5. 1 November 2013

   Changes ahead for Financial Reporting - FMA Fact Sheet

   The Financial Reporting Bill currently before Parliament is going to change the reporting requirements for all ‘Financial Markets Conduct (FMC) Reporting Entities’.
6. 1 August 2013

   AML/CFT acting on behalf of a customer fact sheet

   AML/CFT acting on behalf of a customer fact sheet. A person acting on behalf of a customer is subject to the same identification requirements as the customer.
   The fact sheet should be read in conjunction with the beneficial ownership guideline.
7. 1 August 2013

   AML/CFT wire transfers fact sheet

   The AML/CFT wire transfers fact sheet describes: what a wire transfer is, who are the parties to a wire transfer and what are the responsibilities placed on reporting entities that are Ordering, Intermediary, or Beneficiary Institutions.
8. Guidance

   1 June 2013

   Securities trustees and statutory supervisors monitoring

   Securities trustees and statutory supervisors monitoring guidance note is for licensed securities trustees and statutory supervisors. It sets out the Financial Market Authority’s (FMA) expectations of how they will carry out their monitoring functions effectively.
9. 21 December 2012

   AML/CFT beneficial ownership guideline

   The AML/CFT beneficial ownership guideline and associated fact sheets are to assist reporting entities in meeting the requirement to perform customer due diligence on the customer and beneficial owners of the customer under sections 11-26 of the Anti-Money Laundering and Countering Financing of Terrorism Act 2009.
10. Guidance

    17 December 2012

    Open letter to managers of collective schemes (CIS)

    Outsourcing of administration duties does not absolve the manager of a CIS from its obligations as a reporting entity under the Act. The FMA Open letter to managers of collective schemes (CIS) talks about the AML/CFT programme policies and procedures to manage any identified risks that outsoucing may present.
11. 1 December 2012

    AML/CFT: Issuers of securities and participants in issues

    The AML/CFT: issuers of securities and participants in issues guide will help issuers of securities and participants in securities issues to determine if they have compliance obligations under the AML/CFT Act and if the FMA is their supervisor.
12. Guidance

    1 September 2012

    Pre-prospectus publicity

    Pre-prospectus publicity guidance note sets out the Financial Markets Authority’s (FMA) view on the boundaries of pre-regulated offer publicity/advertising (also commonly referred to as ‘pre-prospectus publicity’), as required by the Securities Act 1978 (Act) and FMA’s policy on the scope of pre prospectus publicity it will support by exemption.
13. 11 June 2012

    AML/CFT countries assessment guideline

    The AML/CFT Countries Assessment Guideline is designed to help reporting entities decide when they will have to assess aspects of another country's regulatory environment and how they could do it.
    Under the Anti-Money Laundering and Countering Financing of Terrorism Act 2009 (the AML/CFT Act), and regulations made under the AML/CFT Act, you may need to assess aspects of another country’s regulatory environment. This may be necessary when you deal with a customer or institution resident or supervised in or from a foreign country.
14. 16 January 2012

    AML/CFT guide for small financial adviser businesses

    The AML/CFT guide for small financial adviser businesses is designed to help financial advisers working independently or in a small business comply with their obligations under the Anti-Money Laundering and Countering the Financing of Terrorism Act 2009 (the AML/CFT Act) and associated regulations (together AML/CFT law).
15. 1 March 2011

    Good character and criminal convictions: Financial Advisers Act 2008

    Good character and criminal convictions: Financial Advisers Act 2008 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.