News

FSPR changes mooted

Wednesday 13th of July 2016

The Ministry of Business, Innovation and Employment has proposed changes to the Financial Service Providers Act that would clamp down on foreign companies registering here to give the false impression they are "regulated" by New Zealand.

MBIE said the ability for foreign firms to register on the New Zealand Financial Service Providers Register (FSPR) had been abused by some.

"[It]...

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