New Zealand Legislation: Bills

25 Purposes of register

• The purposes of the register are—

  • (a) to enable the public and any person referred to in paragraph (b) to—

    • (i) identify registered financial service providers and financial advisers; and

    • (ii) access information about—

      • (A) how to contact registered persons; and

      • (B) the approved dispute resolution scheme of which a registered person is a member (if required by section 44); and

      • (C) whether a registered financial service provider provides a licensed service; and

      • (D) in relation to a financial adviser, the approved professional body of which the financial adviser is a member; and

  • (b) to assist any person in the exercise of the person’s powers or the performance of the person’s functions under this Act or any other enactment; and

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