Page last updated: 08 September 2023

Unregistered businesses

This list contains the names of businesses or individuals that are not registered as a financial service provider on the Financial Service Providers Register (FSPR) in New Zealand but may be in the business of providing financial services. An individual or entity that is in the business of providing a financial service to clients in New Zealand should be registered on the FSPR for that service. Not being registered on the FSPR may mean they are not complying with the requirements of New Zealand legislation.

The list is not exhaustive. Prior to engaging, we recommend checking that the Advisor is registered on the Financial Service Providers Register (FSPR).

Sterling Specialist

WARNING: Sterling Specialist is not a New Zealand registered entity or licensed by the FMA. As such, we recommend exercising caution when dealing with this entity.

Cullman Mutual Capital

WARNING: Cullman Mutual Capital is not a registered New Zealand company and is not registered to provide financial products or services to New Zealand residents.

Mabel Investment Company

Mabel Investment Company Limited is not a registered New Zealand company and is not registered to provide financial products or services to New Zealand residents.

Bitcoin Code

The returns published by Bitcoin Code in the article and website are unrealistically high and have not been substantiated. The operators of the websites are not registered financial service providers in New Zealand.

Gold Shore Marketing

WARNING: Gold Shore Marketing is not a registered New Zealand company and is not registered to provide financial products or services to New Zealand residents.

Vivier and Company Limited

Expand Asset Global Limited

Expand Asset Global Limited is not licensed or registered in NZ.

Ventera Group

Ventera Group does not hold a Derivative Issuer License and is not a registered financial service provider in New Zealand or licensed by the FMA. As such, they are not permitted to offer derivative trading services to New Zealand retail customers.

Standard Coin Options Group Ltd and Standard Coin Options Overseas Ltd

Standard Coin Options Brokers is not a registered financial service provider in New Zealand and is therefore not authorised to provide financial services or products to New Zealand residents.

Reliance Trading Co Limited

Reliance Trading Co Limited is not a registered New Zealand company and is not registered to provide financial products or services to New Zealand residents.

Charrington Pacific Group

Charrington Pacific Group is not a registered New Zealand company and is not registered to provide financial products or services to New Zealand residents. We recommend exercising caution when dealing with this entity.

TopMarketCap

We are concerned that TopMarketCap does not hold a Derivative Issuer License and is not a registered financial service provider in New Zealand or licensed by the FMA.

Aotearoa Green Sustainable Co-Op (AGSO)

Warning about Aotearoa Green Sustainable Co-Op (AGSO). We are concerned that AGSO is likely to be offering financial services and/or products to New Zealand residents without being appropriately registered on the Financial Service Providers Register to do so.

Cornucopia

Cornucopia is not a registered New Zealand company and is not registered to provide financial products or services to New Zealand residents.

Crypto Currency Trading Group

We are concerned that Crypto Currency Trading Group is actively seeking to provide financial services to NZ retail investors but is not registered on the Financial Service Providers Register (FSPR) as a financial service provider and is not a member of an approved Dispute Resolution Scheme, as required by the Financial Service Providers (Registration and Dispute Resolution) Act 2008 (FSP Act).

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Unregistered businesses