Public register of licensed NBDTs

Jan 2020 NBDTs

Non-bank Deposit Taker licence cancelled
At the request of UDC Finance Limited, The Reserve Bank has cancelled UDC’s Non-bank Deposit Takers licence on 15 January 2020, under section 21(h) of the Non-bank Deposit Takers Act 2013.

Nov 2019 NBDTs

Non-bank Deposit Taker licence cancelled
The Reserve Bank gives notice that the Non-bank Deposit Takers licences granted to Aotearoa Credit Union, Credit Union South and Credit Union Central were cancelled on 25 November 2019 pursuant to section 21(f) of the Non-bank Deposit Takers Act 2013, following their transfer of engagement to Credit Union Baywide, and their subsequent removal from the Register of Credit Unions.

Nov 2018 NBDTs

Non-bank Deposit Taker licence cancelled
The Reserve Bank gives notice that the Non-bank Deposit Takers licence granted to Caxton Employees Credit Union on 8 December 2014 was cancelled on 30 November 2018 pursuant to section 21(f) of the Non-bank Deposit Takers Act 2013 following its transfer of engagements to Credit Union Central, and its subsequent removal from the Register of Credit Unions.

Mar 2018 NBDTs

Non-bank Deposit Taker licence cancelled
Fisher & Paykel Finance Limited has requested that the Reserve Bank of New Zealand (RBNZ) cancel its licence to be a non-bank deposit taker (NBDT) granted under the Non-Bank Deposit Takers Act 2013. RBNZ is satisfied that Fisher & Paykel Finance Limited is no longer making NBDT regulated offers of debt securities and no longer has debt securities that remain unpaid that were offered under an NBDT regulated offer. Having satisfied itself of these matters, RBNZ gives notice that the NBDT licence granted to Fisher & Paykel Finance Limited on 19 December 2014 was cancelled on 16 March 2018 under section 21(h) of the Non-bank Deposit Takers Act 2013.

Sep 2017 NBDTs

Non-bank Deposit Taker licence cancelled
Christian Savings Incorporated has requested that the Reserve Bank of New Zealand cancel its licence as a non-bank deposit taker granted under the Non-bank Deposit Takers Act 2013 because it has transferred its business to Christian Savings Limited, a newly licenced NBDT. The Reserve Bank is satisfied that Christian Savings Incorporated is no longer making NBDT regulated offers of debt securities and no longer has debt securities that were offered under an NBDT regulated offer. Having satisfied itself of these matters, the Reserve Bank gives notice that the NBDT licence granted to Christian Savings Incorporated on 26 January 2015 was cancelled on 27 September 2017 pursuant to section 21(h) of the Non-bank Deposit Takers Act 2013.