This note is not part of the regulations, but is intended to indicate their general effect.
These regulations, which come into force on 1 August 2012, amend the Financial Service Providers (Registration) Regulations 2010 (the principal regulations). The principal regulations are amended to require registered financial service providers to include in their annual confirmation under section 28 of the Financial Service Providers (Registration and Dispute Resolution) Act 2008 (the FSP Act) information required for the application of the Financial Markets Authority (Levies) Regulations 2012.
The principal regulations are also amended to require registered financial service providers that are managers or superannuation trustees (as defined in section 2(1) of the Securities Act 1978) in respect of securities offered to the public to report their total managed assets.
Date of notification in Gazette: 7 June 2012.
These regulations are administered by the Ministry of Economic Development.