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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 480 results. Displaying page 19 of 24

    12 March 2013

    Mighty River Power Share offer

    Media Release12 March 2013 FAQs for potential retail investors The Mighty River Power Share Offer will open for applications on Monday, 15 April 2013. You can view, download or print the Share Offer document from within New Zealand at www.mightyrivershares.govt.nz When the Share Offer opens, shares can be bought directly. All applications for shares must be made on the application form accompanying the Share Offer document.   1. What is the Mighty Rive...


    28 February 2013

    FMA signals its compliance focus for 2013

    Media Release28 February 2013 The Financial Markets Authority (FMA) today released its compliance focus for 2013 which outlines FMA's priority areas for monitoring and surveillance over the next year. The document details four major themes which will influence priorities: building customer trust; raising standards in existing regimes; embedding new regimes; and KiwiSaver. FMA CEO Sean Hughes said "Signalling our focus for 2013 makes sense. It provides an...


    23 October 2012

    Time for KiwiSaver members to maximise their retirement savings potential

    Media Release23 October 2012 The Financial Markets Authority says it's time for KiwiSaver members to make sure their investment options best suit their future retirement needs. The comment follows the release of FMA's KiwiSaver Report, which shows membership increased by 14 percent on the previous year. As of 31 March 2012: 1.91 million people were enrolled in KiwiSaver 23.4% of members were in default schemes Funds under management exceed $12.73 billio...


    18 October 2012

    FMA grants auditor licensing accreditation to CPA Australia

    Media Release18 October 2012 The Financial Markets Authority has today accredited accounting body CPA Australia to license auditors who carry out issuer audits in New Zealand. Under the Auditor Regulation Act 2011, auditors who carry out issuer audits must be licensed and audit firms must be registered. In becoming an accredited body, CPA Australia will be responsible for supervising the auditors it licenses and for following up any breaches of their obl...


    15 October 2012

    FMA issues guidance on KiwiSaver sales and distribution

    Media Release15 October 2012 The Financial Markets Authority has today published its final guidance note for people involved with the sale and distribution of KiwiSaver schemes. The guidance confirms the factors FMA will take into account when considering whether advice is given, and if so, whether the advice is classified as a 'class' or 'personalised' service. FMA Head of Primary Regulatory Operations, Sue Brown, said there had been concern in the indu...


    28 September 2012

    FMA completes licensing of Securities Trustees and Statutory Supervisors

    Media Release28 September 2012 The Financial Markets Authority (FMA) has today concluded the licensing process for Securities Trustees and Statutory Supervisors with decisions on three further applicants. Corporate Trust Limited has been granted a licence for a term of four-and-a-half years, for all classes of securities and retirement villages. Corporate Trust Limited is a new entity that has acquired the Corporate Trust division of Perpetual Trust in a...


    19 September 2012

    FMA announces licensing of Securities Trustees and Statutory Supervisors

    Media Release19 September 2012 The Financial Markets Authority (FMA) has today announced the granting of nine licences to Securities Trustees and Statutory Supervisors. The successful licensees are: Anchorage Trustee Company Limited BDO Auckland Trustee Company Limited Covenant Trustee Company Limited Covenant Trustee Services Limited New Zealand Permanent Trustees Limited Public Trust Statutory Supervisors Southern Limited The New Zealand Guardian Trust...


    7 September 2012

    New designated settlement system

    Media Release7 September 2012 The Reserve Bank of New Zealand and the Financial Markets Authority (FMA) today announced that the NZ Clear Settlement System has been declared a designated settlement system under Part 5C of the Reserve Bank of New Zealand Act. The designation will take effect from 4 October 2012. The Reserve Bank and FMA are joint regulators of designated settlement systems. The NZ Clear Settlement System is operated by the Financial Servi...


    3 September 2012

    FMA releases final guidance on non-GAAP financial information

    Media Release3 September 2012 The Financial Markets Authority (FMA) has today released its final guidance note on the disclosure of non-GAAP financial information. The guidance note will assist issuers in their communication of financial information to investors and other stakeholders to minimise the potential for it to be misleading. FMA Head of Compliance Elaine Campbell said non-GAAP reporting has become common practice and it is necessary for FMA to...