The exponential rate of technology innovation in the financial services sector is creating huge opportunities globally.

This fintech revolution, driven by innovation in technology and a focus on continually improving customer experience, is changing the way we spend, save, borrow, lend, manage and transfer money.

Simpson Grierson has been at the forefront of advising clients on fintech products and services for many years – from start-ups to leading financial service providers. We are experts in New Zealand financial services regulation, data protection and technology law.

Regulatory

We assist businesses to navigate the regulatory compliance issues relevant to B2B and B2C fintech products.

These include applicable Reserve Bank policies (such as BS11, the Reserve Bank’s outsourcing policy), payment and settlement system laws, laws regulating financial institutions, financial service provider laws, anti-money laundering laws, financial market laws (including rules on offering and issuing securities), and financial adviser laws (including rules on robo-advice).

We also advise on competition, fair trading, consumer protection, and marketing laws.

Privacy

Fintech products and services typically involve the collection, storage and other processing of personal information. Our leading privacy group can help to ensure that any processing of personal information complies with New Zealand’s privacy laws.

Technology

We help fintech customers, suppliers and developers with all aspects of technology law, including software and technology development, technology exploitation, cloud service arrangements, hosting, support and maintenance contracts, and open source licensing.

Simpson Grierson is a proud member of the New Zealand Tech Alliance, and its association FinTechNZ.