Media releases

Found 722 results. Displaying page 12 of 49

1. 7 July 2021

   FMA cancels Fund Managers Otago licence

   The Financial Markets Authority (FMA) – Te Mana Tātai Hokohoko – has cancelled the managed investment scheme manager licence of Fund Managers Otago (FMO).
2. 30 June 2021

   FMA publishes NZX obligations annual review 2021

   NZX made notable improvements to its regulatory arrangements and monitoring in 2020, according to the annual obligations review of New Zealand’s licensed stock exchange by the Financial Markets Authority (FMA) - Te Mana Tātai Hokohoko.
3. 28 June 2021

   FMA releases guide for ‘finfluencers’

   The FMA has released a guide to talking about money online following concerns some social media influencers and bloggers may be straying into regulated financial advice.
4. 17 June 2021

   High level of KiwiSaver switching during COVID-19 driven by young people

   Young people dominated the high level of KiwiSaver fund switching during the height of COVID-19 market volatility last year, KiwiSaver provider data shows.
5. 25 May 2021

   Thousands of young New Zealanders missing out on investment returns

   The (FMA) is urging young New Zealanders to check they’re in the right KiwiSaver fund. The call follows data indicating over 12,000 KiwiSaver members aged 26-35 years old are sitting in lower risk or conservative funds after switching from higher growth funds during COVID-19 market volatility last year.
6. 20 May 2021

   FMA appoints Liam Mason as General Counsel

   The Financial Markets Authority - Te Mana Tātai Hokohoko (FMA) has appointed Liam Mason as General Counsel.
7. 14 May 2021

   New default KiwiSaver settings designed to benefit members

   The Financial Markets Authority - Te Mana Tātai Hokohoko (FMA) notes the Government’s announcement today regarding new KiwiSaver default provider arrangements, these include new settings that offer a package of benefits for default KiwiSaver members.
8. 11 May 2021

   Supreme Court rejects sentence appeal by PTT’s Steven Robertson

   The Financial Markets Authority - Te Mana Tātai Hokohoko (FMA) has welcomed the Supreme Court’s decision to dismiss a sentence appeal by Steven Robertson of PTT Limited, bringing the matter to a close.
9. 6 May 2021

   New law reforms the regulation of financial market infrastructures (FMIs)

   New laws to regulate and supervise payment and settlement systems have been passed by Parliament following the third reading of the Financial Market Infrastructures Bill (the Bill) yesterday. Under the Bill the Reserve Bank of New Zealand – Te Pūtea Matua (the Reserve Bank) and the Financial Markets Authority – Te Mana Tātai Hokohoko (FMA) will be joint regulators of most FMIs, including central securities depositories, securities settlement systems, central counterparties, and trade repositories. The Reserve Bank will be the sole regulator of payments systems under the new regime.
10. 6 May 2021

    CLSAP (formerly KVB Kunlun) admits to anti-money laundering breaches

    CLSA Premium New Zealand Limited (CLSAP NZ) has admitted to breaches of the Anti-Money Laundering and Countering Financing of Terrorism (AML/CFT) Act, following proceedings brought by the Financial Markets Authority – Te Mana Tātai Hokohoko (FMA).
11. 21 April 2021

    Advertising phenomenal investment returns for the last year could mislead investors, FMA says

    The Financial Markets Authority (FMA) is warning the funds management industry to avoid advertising large investment returns for the 12-month period to March 31, 2021, as this could mislead investors.
12. 15 April 2021

    FMA welcomes NZ strategy for financial capability

    The Financial Markets Authority (FMA) has welcomed the release of The National Strategy for Financial Capability, presented in Parliament today by the Minister for Commerce and Consumer Affairs, Dr David Clark.
13. 14 April 2021

    FMA expects KiwiSaver managers to follow four key principles to show value for money

    Fund managers are expected to annually review their fees and value for money with their supervisors and prove to the Financial Markets Authority (FMA) the review has happened, as a result of final guidance on fund manager fees and value for money, published today (14/4/2021).
14. 13 April 2021

    FMA provides breakdown of financial advice providers in the new regime

    The Financial Markets Authority (FMA) has provided transitional licence numbers under the new financial advice regime, revealing how many financial advice providers are operating in New Zealand. It follows the start of the new financial advice regime last month.
15. 25 March 2021

    IFIAR releases 2020 Survey of Inspection Findings

    The International Forum of Independent Audit Regulators (IFIAR) has released its ninth annual survey of Members’ inspection results for the 2020 year. IFIAR is a membership organisation of 54 independent audit regulators, including the Financial Markets Authority (FMA).