The QURO TRUST has spun off its international activities. This is now the website of the new international The Quro Trust. Under New Zealand law Financial Services delivered outside of New Zealand by New Zealand entities do not require registration with the financial service provider registry.
New Zealand had recently become concerned about FSPs that were registered to provide financial services in New Zealand but were mainly operating internationally. New Zealand was concerned that this would give the false impression that these entities’ foreign activities were regulated by New Zealand, when in fact they were not. In order to co-operate with New Zealand’s concerns The Quro Trust split itself into two entities – one to handle New Zealand only business, and one to handle all of the offshore to New Zealand business. The new entity that contains all of The Quro Trusts’ foreign operations is retaining the name – The Quro Trust – and this website.
As the new international The Quro Trust, we want to make it clear that 1) we no longer will be doing any financial service business in New Zealand itself or with New Zealanders; 2) Because we are no longer doing any financial service business in New Zealand or with New Zealanders we are not required to register on the New Zealand FSP Registry for the financial services that we deliver; 3) we have no intentions to do financial service business in New Zealand or with New Zealanders or to seek FSP registration in the future; and 4) we can still deliver all of the financial services we were delivering to our international clients as before.* The Quro Trust that is registered as FSP62941 and does business in New Zealand has changed its name to NZ BX Service Trust so as not to cause confusion between the two entities and will continue to deliver financial services only in New Zealand.
The QURO TRUST specializes in providing GLOBAL FINANCING to Public Companies worldwide, as well as assisting companies to obtain stock exchange listings and multiple listings worldwide. We also help both public and private companies and wealthy individuals to “internationalize” to protect wealth and expand operations.
* Applies to New Zealand only. Worldwide, local laws would determine the services we can deliver in your locality. Financial Service Business in New Zealand means financial services that would be required to register on the New Zealand Financial Service Providers Register.