New Zealand Legislation: Acts

9 Purpose of this Part

• The purpose of this Part is to—

  • (a) establish a compulsory public register of financial service providers to enable—

    • (i) the public to access information about financial service providers; and

    • (ii) the Registrar and other regulators to regulate financial service providers:

  • (b) prohibit certain people from being involved in the management or direction of registered financial service providers:

  • (c) conform with New Zealand’s obligations under the FATF Recommendations.