NZ CFS L5 Investment Practice Questions - NZ Certificate In Financial Services (Level 5) - Investment Strand Exam

Access More Questions

Under the Financial Services Legislation Amendment Act 2019 (FSLAA) regime, who is legally required to hold a Financial Advice Provider (FAP) license?

Only individual financial advisers who are sole traders Any entity or individual that provides regulated financial advice to retail clients Only companies that manufacture and sell insurance products All retail investors participating in New Zealand financial markets

Correct Answer:

Any entity or individual that provides regulated financial advice to retail clients

Access more questions from this quiz

Continue to NZ CFS L5 Investment Practice Questions - NZ Certificate in Financial Services (Level 5) - Investment Strand Exam for more practice questions and the full quiz experience.

Access More Questions