Corporate Governance



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Compliance

A gavel laid across an open book. The picture is seen through a blue filter with a white BlackBull Markets logo in the bottom right-hand corner.

BlackBull Markets is a New Zealand registered and incorporated company. We are registered with the Financial Services Provider Registry (FSPR) and are a member of the Financial Services Complaints Limited (FSCL) dispute resolution scheme.

To compliment this, we maintain a strict Anti-Money Laundering (AML) / Counter Financing of Terrorism (CFT) policy; to ensure our Brokerage runs above-board and ethically across all business practices.


We constantly strive to uphold high standards of compliance at BlackBull Markets. It is our belief that this helps provide transparency with clients.


New Zealand business culture has a high standard of conduct and operational standards that, as an NZ company, we passionately adhere to. A well-constructed supervisory framework which actively protects traders and dictates service provider actions; is quintessential for any NZ financial company.


Incorporation

BlackBull Markets is the Trading Name of: Black Bull Group Limited, a Limited Liability Company incorporated in New Zealand.
  • New Zealand Company Number: 5463921

It’s two Shareholders and Directors are New Zealand citizens, and company operations are based in the Auckland city Head Office.

Company files and Audits are submitted every year to the NZ Companies Office. Much of this information is publicly available and falls under legal body oversight.

Financial Services Registration

As a business and company offering Financial Products in New Zealand, we are registered with the Financial Services Provider Register (FSPR).
  • Financial Services Providers Register (FSPR) number: FSP403326

This fulfils several objectives:
  • Increases transparency for clients who can view this public information
  • Provides an electronic register for clients to view information about FSP companies
  • Assists New Zealand in meeting it’s AML/CFT international obligations
To register as an FSPR, applicants must pass criminal background checks. They must also reside in New Zealand as the place of business.

Privacy

Your private information and right to privacy are protected and upheld by our Privacy Policy and legal obligations. Client information will not be sold or shared with other parties under any circumstances, aside from those listed within the Policy.

In addition to our legal requirements, we believe it is our moral and ethical duty; to maintain the utmost security and protection of your personal details, as provided to us. As such, policy and electronic safeguards have been put in place, so that consumer details are rigorously protected.

Client Applications

BlackBull Markets has a global clientele base and traders from around the world. As part of our global outreach, it is also our responsibility to ensure our services are used transparently and responsibly.

As such, BlackBull Markets reserves the right to decide whether to accept or deny any client application. All applications will be considered by our Compliance team, and further information may be requested from applicants in order to approve an application.

BlackBull Markets will not accept clients:
  • From OFAC sanctioned countries
  • From the United States of America (USA)
  • From any other country or location deemed too risky by our Compliance team

BlackBull Markets will also:
  • Only accept New Zealand clients who fall under the ‘Wholesale Investor’ or ‘Eligible Investor’ definition as per New Zealand law (Financial Services Providers Act FSPA 2008).
  • Currently not accept New Zealand retail clients (who are not considered ‘Wholesale’ or ‘Eligible’)
  • For more information or assistance about whether you, as a New Zealand client, can apply for an account, please contact our friendly team.

Security of Client Funds

Your funds security and accessibility is of the utmost importance to us at BlackBull Markets. As such, we are proud to use ANZ Bank as our banking partner. ANZ Bank is one of the leading banks in the Australasia region, and maintains a global presence in Europe, the Pacific, USA and Asia.

Credit Ratings (as of 23rd August, 2017):
  • Standard & Poors: AA-
  • Fitch: AA-
  • Moody’s: A1

It’s two Shareholders and Directors are New Zealand citizens, and company operations are based in the Auckland city Head Office.

Company files and Audits are submitted every year to the NZ Companies Office. Much of this information is publicly available and falls under legal body oversight.

Dispute Resolution Scheme

Companies registered on the FSPR, must all be a member of an independent Dispute Resolution Scheme. This provides a consumer and participant service for resolving complaints or disputes between the two parties in an impartial and independent manner.
  • Black Bull Group Limited is a member of the Financial Services Complaints Limited (FSCL) dispute resolution scheme
  • FSCL participant number: 5623
  • Free for our customers
  • Official Policy

BlackBull Markets are regular attendees at FSCL events, in an effort to promote and implement better dispute resolution procedures for our clients. We believe this helps in building a healthy and transparent relationship with you all.

Should you have any questions about any of the Compliance sections above, please do not hesitate to contact our friendly team. We would be more than happy to answer any questions you have about our Compliance programme and policies.