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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).

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Found 193 results. Displaying page 7 of 13

  1. 1 October 2019

    Forexbrokerz

    We are concerned that statements on Forexbrokerz’s website, https://www.forexbrokerz.com/ have the potential to mislead investors on the extent the New Zealand financial service providers listed on the website are regulated/licensed in New Zealand and the existing regulatory framework in New Zealand.

  2. 9 September 2019

    Christoph Feymann Capital

    We have received complaints about unreasonable withholding of client funds by Christoph Feymann Capital. It is not registered as a financial service provider in New Zealand, therefore, it is not permitted to provide financial services to New Zealand residents.

  3. 21 August 2019

    Dang Kang International Group

    The FMA recommends exercising caution when dealing with Dang Kang International Group as it is not registered, licensed, or regulated in New Zeland as claimed on its websites and could be involved in a scam.

  4. 19 August 2019

    Trinity Investments Limited

    The FMA is concerned that Trinity Investments Limited could be involved in a scam. Trinity Investments Limited is not registered as a financial service provider in New Zealand, therefore, is not permitted to provide financial services to New Zealand residents.

  5. 17 June 2019

    Willow Group Limited

    Willow Group Limited is not registered nor licensed to provide financial services in New Zealand. We have received a report of Willow Group Limited making unsolicited contact with New Zealand residents offering investment services from Hong Kong. Read more.

  6. 10 April 2019

    Holborn Assets Limited

    FMA recommends investors exercise caution before dealing with Holborn Assets Limited as it is an unregistered business in New Zealand.

  7. 22 March 2019

    Breder Suasso

    FMA recommends investors exercise caution before dealing with Breder Suasso as it is not a registered business in NZ and has the characteristics of a scam.

  8. 19 December 2018

    MYfintec

    MYfintec has the hallmarks of a scam, including withholding client funds, pressure to invest more before being able to withdraw funds, and bank accounts that do not match the company name.

  10. 3 October 2018

    Fix Club Limited

    We recommend exercising caution before dealing with Fix Club Limited as the company is not registered as a financial service provider in New Zealand.

  11. 23 August 2018

    Greenfields Capital

    Greenfields Capital is not incorporated in New Zealand and is not registered on the Financial Service Providers Register

  13. 6 August 2018

    Oak Harbour Limited

    Oak Harbour Limited is not a registered financial service provider in New Zealand.

  15. 3 August 2018

    FSM SMart

    FSM is making false and misleading claims that they are a registered financial service provider in New Zealand.