Module Application
The FINANCIAL SERVICES for CORPORATE and INSTITUTIONAL CLIENTS module can assist any organisation to become an FSP authorised to deal with corporations and institutions in New Zealand. For established FSPs, the module recommends systems and procedures that will enable the organisation to meet all of its ongoing obligations efficiently.
Is your organisation an FSP that deals with corporate and institutional clients in New Zealand, or does it intend to become one in the future?
Is your FSP considering expanding its suite of financial services?
Could your FSP improve upon its compliance measures for registration conditions, dispute resolution, or AML/CFT?
Would your FSP benefit from an improved understanding of the statutory requirements of dealing on New Zealand financial markets?
If so, then subscribe to the FINANCIAL SERVICES for CORPORATE and INSITUTIONAL CLIENTS module immediately.
Module Scope
The FINANCIAL SERVICES for CORPORATE and INSITUTIONAL CLIENTS module is divided into 13 topics that cover all of the key obligations of FSPs dealing with corporations and institutions in New Zealand.
The 13 topics are:
- Financial Service Providers (FSP)
- Financial Advisors and Brokers
- Non-bank Deposit Takers (NBDT)
- Credit Unions
- Building Societies
- Registered Banks
- Issuers of Insurance
- Financial Product Market Operators
- Market Service Providers
- Dealing on Financial Markets
- Financial Product Disclosure and other requirements relating to the Issue, Sale and Purchase of Financial Products
- Prohibited Conduct in relation to all Financial Products and Financial Services
- Financial Reporting and Record-keeping for FMC Reporting Entities
The module covers legal requirements created by RBNZ instruments (including the RBNZ Handbook) and a range of New Zealand legislation including:
- Deposit Takers (Credit Ratings, Capital Ratios, and Related Party Exposures) Regulations 2010 (NZ)
- Deposit Takers (Liquidity Requirements) Regulations 2010 (NZ)
- Financial Advisers Act 2008 (NZ)
- Financial Advisers (Custodians of FMCA Financial Products) Regulations 2014 (NZ)
- Financial Markets Conduct Act 2013 (NZ)
- Financial Reporting Act 2013 (NZ)
- Friendly Societies and Credit Unions Act 1982 (NZ)
- Friendly Societies and Credit Unions (Fees) Regulations 1992 (NZ)
- Non-Bank Deposit Takers Act 2013 (NZ)
The FINANCIAL SERVICES for CORPORATE and INSTITUTIONAL CLIENTS module does not cover New Zealand corporate law. This means that it does not include governance or financial reporting obligations that a business may carry as a consequence of its corporate structure.