Financial Regulations
This act promotes the sound and efficient delivery of financial adviser and broking services in New Zealand.
What is the Financial Advisers Act 2008?
This city is the largest commercial center in South Canterbury and has an artificial harbor that was first developed in the late 1800s.
What is Timaru?
This government-backed retirement savings scheme is designed to help New Zealanders save for their future.
What is KiwiSaver?
This act places obligations on New Zealand’s financial institutions to combat money laundering and financing of terrorism.
What is the Anti-Money Laundering and Countering Financing of Terrorism Act 2009?
This act governs how organizations can collect and use personal information in New Zealand.
What is the Privacy Act 2020?
This act introduced a new regulatory regime for financial advice in New Zealand in 2019.
What is the Financial Services Legislation Amendment Act 2019?
This national park in South Canterbury is home to New Zealand’s largest glaciers and highest mountains, including Aoraki/Mount Cook.
What is Aoraki/Mount Cook National Park?
This free, independent service provided by the New Zealand government offers personalized money guidance to help Kiwis make informed financial decisions.
What is Sorted?
Under this regulation, businesses are required to report any transactions suspected of being linked to criminal activity to the authorities immediately.
What is a suspicious activity report (SAR)?
Agencies must report breaches that cause serious harm under this act to protect individuals' personal information. What is this requirement called?
What is the breach notification requirement?
This act governs the conduct of financial markets and was amended by the Financial Services Legislation Amendment Act 2019
What is the Financial Markets Conduct Act 2013?
This popular summer destination in Timaru features a sandy beach, fairground, and an annual carnival.
What is Caroline Bay?
This process involves creating a plan for spending and saving money wisely, often recommended as the first step in personal finance management.
What is budgeting?
This term refers to the procedure of identifying and verifying clients in financial dealings.
What is Customer Due Diligence (CDD)?
Individuals have the right to access their personal information held by agencies under this law.
What are the Information Privacy Principles (IPPs)?
This authority is responsible for licensing financial advice providers in New Zealand.
What is the Financial Markets Authority (FMA)?
This region in South Canterbury is famous for its vast sheep runs and is known for its flat, expansive grasslands.
What is the Mackenzie Country?
Setting specific financial targets for saving or investing over a period of time is known as this, crucial for long-term financial planning.
What are financial goals?
This type of assessment evaluates the risk that a financial business may be used for money laundering or terrorist financing, and must be performed continuously.
What is a risk assessment?
This role enforces privacy regulations and authority over compliance in New Zealand.
What is the Privacy Commissioner?
This document outlines the standards of conduct, client care, competence, knowledge, and skill required for providing financial advice in New Zealand.
What is the Code of Professional Conduct for Financial Advice Services?
This river forms the southern boundary of South Canterbury and is one of the main rivers flowing from the ice fields of the Southern Alps.
What is the Waitaki River?
Understanding how government spending and revenue affect the economy is known as this, a key aspect of national economic management.
What is fiscal policy?
This regulation requires financial institutions to report large cash transactions to the authorities.
What is the Prescribed Transactions Reporting regulation?
This principle requires agencies to ensure personal information is accurate, up-to-date, and relevant.
What is the accuracy principle under the Privacy Act 2020?