13 January 2026
J M
[FYI request #33020 email]
DOIA-REQ-0024677
Tēnā koe J M
Thank you for your email of 27 November 2025 to the Ministry of Business, Innovation and Employment
requesting, under the Official Information Act 1982 (the Act), the fol owing:
Please provide the fol owing information held by Immigration New Zealand for the period 1 January
2012 til now concerning Guosen (Guosen Securities) and the Guosen QDI product:
1. Documents submitted by Guosen to INZ All documents and submission bundles provided by
Guosen to INZ regarding the QDI 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 QDI Internal INZ policy notes, guidance, briefings, aide-
memoires, file notes, and decision records that discuss or evaluate the Guosen QDI 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 QDI client (circa 2016) The decision record
(reasoning/notes) and conditions relevant to the QDI product in the first INZ approval involving
a Guosen QDI client in or around 2016. Please redact personal identifiers under s9(2)(a).Please
confirm receipt. If any material is withheld, please state the OIA grounds and provide the rest.
Let me know first if charges or narrowing are needed. I look forward to your timely response.
I am writing to advise you that MBIE has decided to extend the period of time available to make a
decision on your request under section 15A(1)(b) of the Act, as consultations necessary to make a
decision on your request are such that a proper response to the request cannot reasonably be made
within the original time limit.
As such, a proper response cannot reasonably be made within the original time limit. MBIE will notify
you of a decision on your request no later than 30 January 2026.
You have the right to seek an investigation and review by the Ombudsman of this decision. Information
about how to make a complaint is available at
www.ombudsman.parliament.nz or freephone 0800 802
602.
If you wish to discuss any aspect of your request or this response, please contac
t [email address].
Nāku noa, nā
Emma Atkins
Manager Ministerial Services
Immigration New Zealand
Ministry of Business, Innovation & Employment
