Financial Adviser Legislation
The Bank of New Zealand (BNZ) is a Qualifying Financial Entity (QFE), under the Financial Advisers Act 2008(FAA) meaning it is regulated by the Financial Markets Authority and takes responsibility for managing and monitoring the financial adviser services provided by its employees. You can check our status as a QFE at any time at fspr.govt.nz.
BNZ carries on business as a bank (a ‘licensed service’ under the FAA) and is accordingly registered as a bank by the Reserve Bank of New Zealand under the Reserve Bank of New Zealand Act 1989. BNZ is a part of the National Australia Bank Group (NAB), an international financial services organisation offering a large range of financial products and services.
You can view or print a copy of the BNZ Qualifying Financial Entity Disclosure Statement PDF 74KB.