Kia ora J M,
 
On behalf of the Ministry of Business, Innovation and Employment I
acknowledge your email of 27/11/2025 requesting, under the Official
Information Act 1982, the following:
 
Please provide the following information held by Immigration New Zealand
for the period 1 January 2012 till now concerning Guosen (Guosen
Securities) and the Guosen QDII product:

1.      Documents submitted by Guosen to INZ
All documents and submission bundles provided by Guosen to INZ regarding
the QDII product, including investment report templates and samples,
product descriptions, custodial/clearing arrangements, banking/swift
evidence, and any materials addressing verification/traceability, source
of funds, control/custody, or use of the trading bank system to transfer
nominated funds - including how the use of the trading bank system is
assessed or evidenced (e.g. criteria, procedures, and proof used to
confirm that transfers are conducted through the banking system).

2.      Communications between INZ and Guosen
All communications (emails, letters, meeting minutes, teleconference
notes, file notes) between INZ and Guosen relating to: a) the format and
content of investment reports, b) how the product met
verification/traceability requirements and the “trading bank system”
requirement, c) assessment of the product’s eligibility against the
relevant residence instructions.

3.      INZ internal records about Guosen QDII
Internal INZ policy notes, guidance, briefings, aide-memoires, file notes,
and decision records that discuss or evaluate the Guosen QDII product with
respect to: a) verification/traceability of funds and investment
positions, b) whether funds were originally transferred to New Zealand
through the trading bank system, c) any risks, concerns, or resolution
steps agreed with Guosen, d) any change of position or rationale for
shifting views (if applicable).

4.      The first approval involving a Guosen QDII client (circa 2016)
The decision record (reasoning/notes) and conditions relevant to the QDII
product in the first INZ approval involving a Guosen QDII client in or
around 2016. Please redact personal identifiers under s9(2)(a).
 
We will endeavour to respond to your request as soon as possible, and no
later than 16/01/2026, being 20 working days after the day your request
was received. If we are unable to respond to your request by then, we will
notify you of an extension of that timeframe. Please note that the days
from 25 December 2025 to 15 January 2026 (inclusive) are defined as
non-working days in the Act and are not counted in the calculation for the
response due date. This will affect the time period for responding to your
request. If you have any enquiries regarding your request feel free to
contact us via email to [1][MBIE request email].
 
Nāku noa, nā
Ministerial Services
Strategy and Assurance
Ministry of Business, Innovation & Employment
15 Stout Street, Wellington 6011 |  P O Box 1473 Wellington 6140

References

Visible links
1. mailto:[MBIE request email]