Page last updated: 09 September 2024

Media releases – 2014

For media enquiries, please contact [email protected]

Please note the Media Relations team deals with media queries only. For all other queries, please refer to our Contact page for the appropriate contact details.

For announcements, statements and media releases - Subscribe to our email alerts and updates.

KiwiSaver investors to see how much they may have in retirement

KiwiSaver investors will see how much money their KiwiSaver investments could provide at age 65 when they open their annual statements this year.

FMA warns financial adviser for advice to clients about COVID-19

FMA has issued a formal warning to a financial adviser who made recommendations to clients that they urgently move their investments to ‘low risk’ funds in the wake of COVID-19. The adviser failed to clarify that the advice may not be suitable for all clients.

FMA reports steady progress on financial advice transitional licensing

Outcome of MBIE/FMA review of funding and levies

MBIE have published the outcome of the review of the FMA’s funding and levies which took place earlier this year.

Campaign to raise scam awareness among Pacific communities as reports rise

The FMA has seen a steady increase in complaints about a variety of scams since the beginning of March. The most reported scam was a cryptocurrency campaign on social media using fake news articles and false celebrity endorsements to promote Bitcoin investments.

FMA and External Reporting Board release review of key audit matters reporting

The Financial Markets Authority (FMA) and External Reporting Board (XRB) have released their second joint review of key audit matters, after audit reporting standards were lifted three years ago.

FMA suspends EncoreFX licence following voluntary administration

FMA has suspended the derivatives issuer licence of EncoreFX (NZ) Limited (EncoreFX) after the business was put into voluntary administration by its Canadian parent.

FMA issues warning to Tiger Brokers and six firms for anti-money laundering breaches

The FMA has issued a formal warning to NZX-accredited broker Tiger Brokers (NZ) Limited for failing to have several adequate anti-money laundering protections in place.

FMA update on COVID-19

The Financial Markets Authority (FMA) is closely monitoring the impact of the coronavirus situation on New Zealand’s financial markets and considering all available options to ensure markets continue to function well and to support participants, customers and investors.

FMA Debate discusses whether passive or active management is best

Leaders from New Zealand’s investment industry gathered in Auckland last night (19 Feb 2020) to debate whether investors benefit more from passive or active fund management, a topic that is dividing the sector.

FMA files civil proceedings against CBL Corporation, its directors and chief financial officer

The FMA has issued two sets of civil proceedings in the Auckland High Court against CBL Corporation Limited (In liquidation) (CBLC), the six directors and the chief financial officer alleging multiple breaches of the Financial Markets Conduct Act 2013 (“FMC Act”). The FMA is seeking declarations of contravention¹ and civil pecuniary penalties in both proceedings.

FMA clarifies green bond disclosure requirements

The Financial Markets Authority (FMA) has published an information sheet outlining when issuers of securities described as “green bonds” can apply the “same class exclusion” to disclosure requirements.

FMA releases findings of managed investment scheme (MIS) custody review

The Financial Markets Authority has published a summary report on a review of custody arrangements in managed investment schemes (MIS) in response to questions raised by the International Monetary Fund (IMF).

Peer-to-peer lending and crowdfunding 2019 data published

The Financial Markets Authority (FMA) published the 3rd statistical report on peer-to-peer lending (P2P) and crowdfunding services in New Zealand. The annual snapshot for the year to 30 June 2019 shows increasing participation in P2P lending services and decreasing participation in crowdfunding services.

Council of Financial Regulators sets work priorities for 2020

The Council of Financial Regulators (CoFR) has announced its work priorities for the coming year. The work programme includes seven separate work streams, each led by one of the CoFR agencies, but involving all the members (alongside other government agencies as necessary) in a coordinated effort to tackle issues that reach across the financial system.

Looking for information?

Media releases – 2014