When does the Financial Service Providers Register open?
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The Financial Service Providers Register (FSPR) opened for applications in August 2010. There was a transition (implementation) period for financial service providers to meet registration requirements before registration became compulsory for most FSPs on 1 December 2010.
Financial advisers have until 31 March 2011 to register and apply for authorisation (if required).
Any other financial service provider who was not registered by 1 December 2010 is not able to legally provide financial services. Any providers who are new to the industry will have to be registered before they can legally provide a financial service after that date.
![[image] flowchart icon portlet.](http://www.business.govt.nz/fsp/image-library/Flowchart.jpg)
![[image] registration guides.](http://www.business.govt.nz/fsp/image-library/resources/rules-is-rf.gif)
