Map the FMCA licence needed for the proposed services
Key facts
- Human involvement
- YellowClose supervision
- How AI is used
- Extract the proposed services and products into a licence-fact sheet.
- What the lawyer must review
- Map licensing to the Financial Markets Conduct Act 2013 and the FMA
- Do not use an AFSL, Australian responsible-manager proof or ASIC Form FS01
- Written for / version
- New Zealand versionNZCth
Rules that apply
The document starts from the task name. Change it if this piece of work is different.
Who does what
| Role | What they do |
|---|---|
| Assistance | Potential support includes extracting and organising information. Confirm the tool’s capability and permitted scope. |
| Lawyer | Set the scope, supervise the work closely, verify every part relied on, resolve omissions and exceptions, and approve the exact output. |
Checklist
- Trace every relied-on figure to its source, confirm dates and assumptions, and independently recalculate totals or derived amounts.
- Confirm the output against the client’s instructions and the complete relevant source material, including omissions or contradictions.
- Resolve exceptions and record the responsible lawyer’s approval of the exact output and intended use.