You may have an obligation to prepare and register financial statements. How you provide financial statements will depend on whether the issuer is registered on the Overseas Register or recorded on the list of overseas issuers.
Who needs to file financial statements
Australian offerors making an offer in New Zealand under the recognition provisions of the Financial Markets Conduct Regulations 2014 aren't required to register financial statements in New Zealand.
Overseas issuers making an offer under the Asia Region Funds Passport regulations are required to lodge financial statements in New Zealand.
There is no fee charged for filing financial statements.
You'll receive email reminders when filing is due on the Disclose Register. Financial statements need to be uploaded to your registered offer(s) on the Disclose Register.
Foreign passport fund managers making an offer in NZ under a Financial Markets Authority (FMA) exemption may be required to register audited financial statements within 4 months of the issuer's financial reporting balance date.
The FMA may grant exemptions to overseas issuers in respect of certain reporting obligations under the Financial Markets Conduct Act 2013. For example, overseas issuers may be able to provide financial statements prepared to overseas financial reporting standards. For further information, contact the FMA.
Where to file financial statements
Where financial statements are sent, and whether they're filed online or in printed form, depends on whether the issuer is registered on the Overseas Register or recorded on the list of overseas issuers.
Issuers registered on the Overseas Register
Issuers registered as a company on the Overseas Register can provide financial statements to us online on the Companies Register.
Issuers recorded on the list of overseas issuers
Issuers on the list of overseas issuers will need to provide financial statements to us in printed form (in hard copy).
Foreign passport fund offers under the Asia Region Funds Passport
Financial statements need to be uploaded to your registered offer(s) on the Disclose Register.
Accepting financial statements
We may accept registration, request more information about, or reject the financial statements.
Once they're provided to us, you should receive a decision from us within 3 working days of providing your financial statements and once accepted, we'll advise the FMA.
Filing financial statements on time
If the financial statements aren't provided on time, we'll advise FMA that they're overdue.
Help with financial reporting
The FMA website has information and tools to help with financial reporting requirements and compliance.