Advisers React to Regulator’s FAP Licence Deadline

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With our latest poll still having a week to run the results so far show that less that half of those who have responded think the FMA’s deadline for FAP applications is workable.

The regulator wants all transitional licence holders to submit a completed application for a full licence by 30 September 2022 – but as it stands just 47% of those taking part in our poll think it is enough time.

Just over a quarter (26%) aren’t sure if they’ll be able to complete their application in time, 16% are certain it’s not enough time and 11% of those who have a transitional licence indicate they won’t be applying for a full licence at all.

There’s still time to cast your vote as the poll closes on Tuesday 9 November.

Is the FMA deadline of 30 September enough time for you to complete your application for a full licence?

  • Yes (52%)
  • Not sure (20%)
  • No (16%)
  • I have a transitional licence and won't be applying for a full licence (12%)

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