Company Information

Get to know FSCL - Financial Services Complaints Limited

Financial Services Complaints Limited (FSCL) is a dispute resolution scheme approved by the Minister of Consumer Affairs under the New Zealand Financial Service Providers (Registration and Dispute Resolution) Act 2008. Established in 2010, its primary mission is to provide a free, independent, and impartial service to resolve complaints between consumers and their financial service providers. As an alternative to the court system, FSCL investigates complaints related to services like lending, insurance, financial advice, and investments, working with both parties to facilitate a fair resolution through negotiation, conciliation, or a formal decision.

Industry

Financial Legal ServicePRIMARY
Financial Other Service

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FSCL - Financial Services Complaints Limited

New Zealand

Founded in

2010 (16 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

(73 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.