Page last updated: 09 September 2024

Media releases – 2017

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.

Time for your annual KiwiSaver health check

The FMA and the Retirement Commission are together calling on KiwiSaver members to check their annual statements this year and see if they are on track for their retirement savings goals.

Advisory: FMA publishes Auditor Regulation and Oversight Plan

FMA releases 2024–2027 Auditor Oversight Plan, focusing on audit firm governance, quality reviews, staff performance, and compliance standards.

FMA and XRB issue user guides to help users of climate statements

The Financial Markets Authority (FMA) and the External Reporting Board (XRB) – have jointly produced a set of guides designed to help people understand the Climate-related Disclosures (CRD) regime

FMA provides additional support to smaller firms for CoFI licensing

The FMA has today published an information sheet specifically for smaller firms to assist in establishing and maintaining a Fair Conduct Programme (FCP) and applying for a Financial Institution (CoFI) licence.

FMA files civil proceedings against Booster Investment Management Ltd and individual directors and senior managers

The FMA has filed civil proceedings against Booster Investment Management Limited (BIML), a wholly owned subsidiary of Booster Financial Services Limited.

FMA opens consultation on proposed standard conditions for Derivatives Issuers

FMA consults on new conditions for Derivatives Issuers, proposing limits on leverage and stricter suitability checks to protect NZ retail investors.

Statement regarding adjournment of FMA’s IPO proceeding against CBLC, Peter Harris, Alistair Hutchison and Carden Mulholland

The FMA acknowledges the High Court’s decision to adjourn the trial for the FMA’s Initial Public Offer (IPO) proceeding against CBLC (in liquidation).

FMA cancels Stockfox Limited’s FAP licence

The FMA has cancelled Stockfox Limited’s (Stockfox) Financial Advice Provider (FAP) licence with effect from 30 May 2024.

FMA publishes first monitoring insights report into Financial Advice Providers

FMA releases first monitoring report on Financial Advice Providers, highlighting progress, good practices, and areas needing improvement under new regime.

Matthew Hill to pay $100,000 penalty for breaching financial markets legislation

Former CEO Matthew Hill fined $100K for misleading posts about New Talisman Gold, breaching FMC Act by concealing his identity on investor forums.

FMA files civil proceeding against individual for making alleged false or misleading representations and other breaches

FMA files civil case against Rangi Savage for unregulated share offers, false statements, and FMC Act breaches involving 160+ investors and NZD$122K.

FMA underlines importance of effective liquidity risk management for fund managers

FMA issues updated guide on liquidity risk management, urging MIS managers to ensure fair, effective fund operations during market volatility.

FMA appoints Louise Unger as Executive Director, Response and Enforcement

FMA appoints Louise Unger as Executive Director of Response and Enforcement, bringing extensive legal, risk, and financial services experience.

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

FMA sets new standard for business continuity and tech resilience, requiring incident reporting within 72 hours and secure online notification by July 2024.

Looking for information?

Media releases – 2017