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New Zealand
1937 (89 Years)
Last online: No recent activity
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This company is currently Unproved.
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License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Get to know UDC Finance Limited
Company Information
Get to know UDC Finance Limited
Established in 1938, UDC Finance is a specialist asset finance company with a long history in the New Zealand market. It provides a range of financing options, including loans, leases, and credit lines for businesses and individuals to purchase vehicles, plant, and equipment. For many years, UDC was a subsidiary of ANZ Bank New Zealand, but in 2020 it was acquired by Japan's Shinsei Bank. The company funds its lending activities through the issue of debentures to the public and is licensed as a Non-bank Deposit Taker (NBDT) by the Reserve Bank of New Zealand.
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