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Registration for new entities on the New Zealand Financial Services Provider Register (FSPR) has become an incredibly stringent process. There has been an increase in the number of questions asked of applicants, as well as a shift in the type of information being sought prior to registration on the FSPR is approved.
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An integral part of the FSPR application is that the entity or individual seeking registration must be able to show that they intend to provide financial services ... (read more)