New Zealand Legislation: Acts
Acts are laws made by Parliament
In this Act, financial service means any of the following financial services:
(a) a financial adviser service:
(b) acting as a deposit taker as defined in the Reserve Bank of New Zealand Act 1989:
(c) being a registered bank:
(d) keeping, investing, administering, or managing money, securities, or investment portfolios on behalf of other persons:
(e) providing credit under a credit contract:
(f) operating a money or value transfer service:
(g) issuing and managing means of payment (for example, credit and debit cards, cheques, travellers’ cheques, money orders, bankers’ drafts, and electronic money):
(h) giving financial guarantees:
(i) participating in the offer of a security to the public as any of the following:
(i) an issuer, a contributory mortgage broker, a trustee, a unit trustee, a superannuation trustee, a statutory supervisor, a promoter, or a manager within the meaning of those terms in section 2(1) of the Securities Act 1978:
(ii) a public issuer within the meaning of that term in section 2(1) of the Securities Markets Act 1988:
(j) changing foreign currency:
(k) entering into derivative transactions, or trading in money market instruments, foreign exchange, interest rate and index instruments, transferable securities (including shares), and futures contracts on behalf of another person:
(l) providing forward foreign exchange contracts:
(m) carrying on insurance business:
(n) providing any other financial service that is prescribed for the purposes of New Zealand complying with the FATF Recommendations, other recommendations by FATF, or other similar international obligations that are consistent with the purpose of this Act.