1. Compliance
  2. Regulatory reporting
  3. Annual AFA information return

Annual AFA information return

Page last updated: 19 Jun 2020

In light of the new financial advice regime commencing 15 March 2021, the FMA is not requiring AFAs to file AFA Information Returns for 2020, as would otherwise be required by standard condition 2.

The AFA information return is an online tool that each authorised financial adviser (AFA) must complete and submit annually. It consists of a series of questions about AFAs, their business, their compliance approach and their approach to continuing professional development.

The information return is a reporting requirement contained within the regulatory reporting guide (RRG). The RRG sets out the periodic and other reporting, accounting and notification requirements for AFAs as required under the standard conditions

The information return provides us with important details about AFAs, so we can:

  • better understand your business and the financial adviser services you offer
  • ensure the information we have on your business is current
  • focus our future monitoring activities more effectively.

To complete your information return you will need:

We also recommend before starting you:

  • familiarise yourself with the questions and guidance for each question
  • start collating that information
  • review our FAQs.

How to submit your report

The e-services portal is no longer available. The FMA is not requiring AFAs to file AFA Information Returns for 2020, as would otherwise be required by standard condition 2.


Related

Regulatory Impact Statement: Regulatory Reporting Requirements for Authorised Financial Advisers