There are some things you can do to ensure your application runs as smoothly as possible:
Please contact us to get a copy of a licence application, either by email fmcapplications@fma.govt.nz or phone 0800 434 567.
Click here to view the Licensing Checklist
PART A
This guide contains information about the licensing process and includes many FAQs you might have and explains how to use our online application form(currently unavailable); create a RealMe® identity, if you don't already have one and pay your licensing fee.
Download the licensing guide Part A: How do I apply for a licence? PDF, 510KB.
PART B
This guide contains all the specific questions you’ll be asked and the minimum standards you’ll need to show you meet. It also details the information and supporting documents you’ll need to provide when you submit your application.
Download the licensing guide Part B: Discretionary Investment Management Service (DIMS) PDF, 1.4MB.
In your application, you'll need to demonstrate how you can meet the minimum standards and conditions for your licence - or ask us for a limit or variation using the forms below. This is very important because when a licence is granted, they contain conditions that support your licensee obligations. They include conditions imposed by the FMC Act, the regulations, and any conditions imposed by the FMA.
Download Standard Conditions for DIMS licences PDF, 600KB.
This document is for providers of Discretionary Investment Management Services (DIMS) to retail clients. It may also be helpful for people providing custody services to DIMS providers, and to those providing financial advice about DIMS. It contains some key terms and common questions, as well as practical examples and scenarios to help explain our approach to regulating DIMS.
Download Understanding the regulation of DIMS information sheet PDF, 200KB.
This guide supplements our main licensing application guide. It outlines how a small business providing lower risk Discretionary Investment Management Services (DIMS) can approach an application for a DIMS licence under the Financial Markets Conduct Act 2013 (FMC Act).
Download the Quick guide to licence applications for small businesses providing DIMS PDF, 550KB.
It is helpful to read the Licensing overview report alongside the guide to the FMA’s view of conduct. Together, these documents give a good indication of our areas of future focus, our overall approach to monitoring; and what we expect of licensed providers of financial products and services.
Download the Licensing overview report (2017) PDF, 1.3MB.
SD1.0 Certificate of compliance and authority to apply (applicant or their authorised person)
SD1.1 Declaration by current/proposed director of licence applicant
SD1.2 Declaration by current/proposed senior manager of licence applicant
SD1.3 Curriculum vitae of management team member of licence applicant
SD1.4 Declaration by Independent trustee (individual) - a combined certificate and declaration
This notification form must be completed and emailed to compliance@fma.govt.nz.
We understand that some people may not be able to print, sign and scan documents at the moment, due to the COVID-19 alert levels. If that is the case for you:
Download Notification of change of director or senior manager by licensee and/or key personnel of authorised body DOC.
(Refer Financial Markets Conduct Regulations 2014 r 191).
To notify us of a change to your key people and managers as required by the licensing standard conditions, please send an email to compliance@fma.govt.nz outlining what the changes are and the qualifications and experience of the new or replacing personnel, e.g. attach their c.v.
Note that this is a standard condition for the following licence types: DIMS, crowdfunding, independent trustee (for corporates), MIS and peer-to-peer lending.