Page last updated: 09 September 2024

Media releases – 49

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Minister announces more funding for FMA work

The FMA has acknowledged the announcement by Commerce and Consumer Affairs Minister Paul Goldsmith of government approval to increase FMA funding. See Ministers announcement here.

Corruption in sport is just one of many types of fraud

New Zealand’s latest film festival tackles a form of fraud that has hit news headlines around the world in recent years – the issue of corruption in sport. The film will be followed by a panel discussion with the sweetheart of NZ sport Valerie Adams, presenter Hayley Holt and Paul David QC who will discuss the effect corruption can have in the sporting arena.

New Zealand’s latest film festival brings fraud to the big screen

The inaugural New Zealand International Fraud Film Festival (Fraud Film Festival) is being held on 18 & 19 November at Auckland’s Q Theatre and is timed to coincide with Fraud Awareness Week. The festival is affiliated with the Dutch Fraud Film Festival which first took place in 2014.

The FMA releases 2016 Annual Report

The Financial Markets Authority (FMA) 2016 annual report highlights the fact the FMA has now moved from transition mode to establishing itself as a fully-fledged conduct regulator.

FMA 2016 KiwiSaver report shows growth in members and funds slowing

Total money in KiwiSaver funds continues to grow, but at a much slower pace than the previous two years as both returns and numbers of new members decline.

Fraud and its far reaching effects hit the big screen

The inaugural New Zealand International Fraud Film Festival (Fraud Film Festival) is coming to Auckland’s Q Theatre in November. The festival is timed to coincide with November’s Fraud Awareness Week and will open on Friday, 18 November.

Two simple steps towards a better retirement

New research has revealed many New Zealanders could be just two simple steps away from a better retirement.

European recognition of FMA oversight of auditors

The European Commission has announced its recognition of the New Zealand audit oversight regime as equivalent to EU standards, permitting NZ-regulated auditors to operate in the European Union.

FMA warns registered financial adviser

FMA has issued a warning to an individual in relation to suspected misleading or deceptive conduct by a registered financial adviser.

Work to do on corporate governance disclosure, FMA finds

The FMA has completed a review of corporate governance disclosures by 45 companies, listed and unlisted. Good corporate governance is one of the FMA’s strategic priorities because it is an important contributor to transparency and efficiency in capital markets. In 2014 the FMA published a Corporate Governance Handbook comprising nine corporate governance principles.

FMA releases conduct guide for feedback

FMA has released a guide to how it will examine whether financial services providers are demonstrating good conduct under the Financial Markets Conduct Act (FMC Act).

FMA discontinues proceedings against Archer and HIL

The Financial Markets Authority (FMA) has elected to discontinue the proceeding against Archer Capital (Pty) Limited (Archer) and Healthcare Industry Limited (HIL). The defendants, Archer and HIL, have accepted that the FMA was justified in investigating the conduct that is the subject of this claim. Read more.

FMCA licensing hits the home straight

The deadline is looming for fund managers to get licensed under the Financial Markets Conduct Act (FMCA) and the Financial Markets Authority is putting out the final call to those that want to stay in the game.

Changes recommended to the FAA and FSPR are good for consumers

The Financial Markets Authority welcomes the Minister of Commerce and Consumer Affairs, Paul Goldsmith’s recommendations on changes to two significant pieces of legislation for NZ’s financial markets.

KiwiSaver annual statements are being read but not acted upon

The Financial Markets Authority has released the results of a survey conducted in May this year, to coincide with the time when most KiwiSaver investors are receiving their annual statements. The survey was responded to by 1,313 KiwiSaver investors, two thirds of the total sample.

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Media releases – 49