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Media releases

Keep up to date with announcements, statements and media releases. Subscribe to our alerts and updates here.

For media enquiries, please contact:

Andrew Park
Media Relations Manager
Phone: 09 967 1215
Mobile: 021 220 6770
Email: Andrew.Park@fma.govt.nz
Campbell Gibson
Senior Adviser, Media Relations
Phone: 09 967 1232
Mobile: 021 945 323
Email: Campbell.Gibson@fma.govt.nz

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Found 505 results. Displaying page 9 of 26

    11 October 2017

    Bank Bill Benchmark Rate guidance and overview published by FMA

    Media release MR No. 2017 – 4411 October 2017The Financial Markets Authority (FMA) published today guidance on conduct and expected controls in relation to trading that sets the Bank Bill Benchmark Rate (BKBM) and closing rates. Alongside this, the FMA is also publishing an overview of BKBM and benchmarks, their purpose and how they are regulated.One of the FMA’s strategic priorities is capital marke...


    5 October 2017

    KiwiSaver continues to grow - FMA continues to push providers on customer engagement

    Media release MR No. 2017 – 425 October 2017KiwiSaver members have built up total assets of more than $40 billion dollars, equivalent to 15% of New Zealand’s GDP, since the savings scheme was established ten years ago. 2.7 million New Zealanders are now in KiwiSaver.The FMA’s annual KiwiSaver report based on returns as at 31 March 2017 shows total assets were up $7 billion from $33.8 billion in 2016....


    2 October 2017

    FMA welcomes World Investor Week and urges investors to use a licensed provider

    Media release MR No. 2017 - 412 October 2017The FMA is urging investors to become familiar with some home truths about the risks of investing with offshore, unlicensed providers as part of the first ever World Investor Week (2-8 October).The FMA is participating in the initiative, run by the International Organization of Securities Commissions (IOSCO) to promote investor education and protection across six...


    31 July 2017

    Judgment confirmed in the FMA v Warminger as appeals withdrawn

    Media release MR No. 2017 – 3431 July 2017 Mr Mark Warminger has withdrawn his appeal against the High Court judgment in the Financial Markets Authority v Warminger and as a result the FMA has withdrawn its cross-appeal.The judgment from March 2017 and penalty decision from June 2017 stand and this brings these civil proceedings to a close.In the High Court Venning J found that, in relation to two of t...


    21 July 2017

    Consumers tell FMA about financial providers’ conduct

    Media release MR No. 2017 – 3321 July 2017 Financial services providers are fair and professional, but have work to do to explain fees and how their products are appropriate, their customers have told the FMA. The FMA has completed its first survey of consumers’ experience of conduct. It follows the publication of the FMA’s guide to its view of conduct earlier this year. This focused on the ‘five...


    19 July 2017

    FMA confirms KiwiSaver fees methodology

    Media release MR No. 2017 – 3219 July 2017 The FMA has confirmed the methodology KiwiSaver scheme providers must use when calculating the dollar amount of fees paid by KiwiSaver investors for annual statements. The FMA wants to ensure providers are calculating fees accurately without burdening them with unnecessary costs and ensuring they have time to comply. KiwiSaver scheme providers must allocate fees...