Find out about the way we check that investors are meeting their obligations.
What is compliance about?
Our compliance role is about making sure overseas persons:
- get consent to invest in sensitive New Zealand assets when they need to
- give us truthful and complete information about themselves and their plans, and
- keep the commitments they make when they apply for consent.
Our compliance work ensures investors are treated fairly, those who break the rules are held to account, and others are deterred from doing so. It also gives the New Zealand public confidence we are doing our job.
How we work
In carrying out compliance activities we:
- act independently and fairly
- ensure our response is in proportion to what has happened
- are as transparent as possible, recognising that sometimes we must protect the confidentiality of the information we hold to ensure fair process.
What we do
Compliance work is varied, including:
- educating overseas people about the need to comply with the rules before an overseas investment is made
- assessing an overseas investor’s compliance with the conditions of their consent
- monitoring and surveillance activities, such as site inspections
- collecting intelligence provided to us by informants, other regulators, and Government agencies
- investigating possible breaches of the rules, and
- taking enforcement action if we find that the rules have been broken.
Outcomes of enforcement action
We generally publish the outcome of the enforcement action we take.
Reporting a breach
If you think you have made a mistake by failing to comply with the rules, please let us know, as we may be able to take your cooperation into account when considering our response.
Tell us if you think someone has broken overseas investment rules