Page last updated: 25 January 2024

News & Insights

FMA appoints Louise Unger as Executive Director, Response and Enforcement
The FMA today confirmed the appointment of Louise Unger to join the FMA’s executive leadership team as Executive Director for Response and Enforceme ...
FMA cancels crowdfunding services licence for Equitise
The FMA has cancelled the crowdfunding services licence of Equitise Pty Ltd (Equitise). The cancellation took effect on 3 April 2024.
FMA introduces new standard condition on business continuity and technology systems plus new process for reporting operational incidents
The FMA is introducing a new standard condition for certain market licence holders following consultation. The new licence condition will focus on bus ...
FMA opens consultation on potential class exemption for certain green, social, sustainability, and sustainability-linked bonds
FMA issues a consultation in response to industry request for a more efficient route to market for green, social and sustainability bonds.
Gen AI: Industry engagement essential to understand how Gen AI is achieving positive consumer and market outcomes as well as how risks are being managed by firms
Daniel Trinder, Executive Director Strategy and Design at the FMA talks about regulation of Generative Artificial Intelligence.
FMA warns Southern Cross Medical Care Society and Southern Cross Pet Insurance for Financial Markets legislation breaches
FMA has issued warnings to Southern Cross Medical Care Society (SCMCS) and Southern Cross Pet Insurance (SPCI) for failing to apply advertised discoun ...
CBL managing director Peter Harris admits continuous disclosure and fair dealing contraventions and agrees Enforceable Undertaking
The FMA has reached agreement with former CBL Corporation Limited (In Liquidation) (CBLC) managing director Peter Harris on claims relating to continu ...
Natalie Carter sentenced to 12 months home detention for forgery and financial markets legislation offences
Natalie Ann Carter, a former Hawke’s Bay-based mortgage broker, has been sentenced to 12 months home detention following a criminal prosecution brou ...
Money with Mary
In our series “Money with Mary,” personal finance legend Mary Holm shares practical tips on a variety of money matters.
FMA files proceedings against Tower Limited for alleged fair dealing breaches
FMA has filed civil proceedings against Tower Limited (Tower) for failing to apply multi policy discounts to eligible customers’ premiums, resulting ...
Speech by Samantha Barrass at Financial Advice New Zealand Thrive Conference
Samantha Barrass talks to Financial Advice New Zealand (FANZ) about the future of financial advice and the quest for better customer outcomes.
Yuen Pok (Paul) Loo sentenced for forgery and financial markets legislation offences
Yuen Pok (Paul) Loo has been sentenced in the Manukau District Court following a prosecution brought by the FMA.