1. Compliance
  2. Brokers & custodians
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Who needs to comply

Find out who is a broker under the FA Act and who is a custodian under the custodian regulations.

Registration

In you're providing a broking service (including a custodial service), you are required to be registered on the Financial Service Providers Register (FSPR).  

Your obligations

Find out what your obligations are under the FA Act and custodian regulations. Also read how we will monitor compliance.

Who is responsible for broker and custodian obligations

Find out who must comply with broker obligations under the FA Act and custodian obligations under the custodian regulations.

Breaches & offences

Breaches of broker or custodian obligations may lead to claims for compensation, action by the FMA or prosecution.

Exemptions

You may be able to obtain an exemption from compliance with broker and/or custodian obligations under the FA Act 2008.

Fair dealing

Read how the FMC Act provides for fair dealing about financial products and services and sets out minimum compliance standards of behaviour for people operating in the financial markets.