Media releases

Found 687 results. Displaying page 3 of 46

1. News & Insights

   10 March 2023

   FMA warns Du Val Capital Partners Limited over misleading or deceptive statements to investors in the Du Val Mortgage Fund

   The FMA has warned Du Val Capital Partners Limited (DVCP), the general partner of the Du Val Mortgage Fund Limited Partnership (Du Val Mortgage Fund, MFLP, the Fund) and Du Val Group.
2. Media release

   20 February 2023

   The FMA opens consultation on draft guidance for the intermediated distribution of financial products

   FMA is seeking consultation feedback on proposed guidance that covers arrangements where financial institutions distribute products and services through intermediaries.
3. Media release

   15 February 2023

   FMA finalises regulatory return questionnaire for licensed Financial Advice Providers

   Following consultation on the proposed standard licence conditions for all classes of Financial Advice Providers (FAPs), the Financial Markets Authority (FMA) confirmed the information FAPs must provide in their regulatory returns.
4. Media release

   15 February 2023

   FMA issues interim stop order to Validus and its associated persons

   The Financial Markets Authority has issued an Interim Stop Order (Order) to Validus and Associates (registered in Delaware, USA) pursuant to section 465 of the Financial Markets Conduct Act 2013 (the Act).
5. Media release

   9 February 2023

   Forestlands’ director, Rowan Kearns, pleads guilty to making false statements and charges related to financial reporting

   The Financial Markets Authority today confirmed that Rowan Kearns, the founder and sole director of the Forestlands group of companies, last week pled guilty to charges in criminal proceedings for disclosure and financial record keeping breaches.
6. Media release

   31 January 2023

   FMA appoints Sharon Thompson to new executive leadership team

   We have appointed Sharon Thompson to our newly formed enterprise leadership team as Executive Director – Transformation and Operational Delivery.
7. Media release

   24 January 2023

   FMA publishes 2022 annual report

   Our 2022 annual report details a year that encompassed four main areas of focus for the regulator: monitoring and oversight of financial market participants; preparations for new financial markets legislation; building investor capability; and enforcement activity.
8. 19 January 2023

   FMA publishes fund manager risk assessment report

   The FMA has published its Managed Investment Schemes (MIS) Sector Risk Assessment, which analyses key risks in the funds management industry at a sector level.
9. 18 January 2023

   FMA appoints Stuart Johnson to new Chief Economist role

   We have appointed Stuart Johnson to the newly created role of Chief Economist. Stuart joins the FMA from London, UK, where he has been Head of Behavioural Economics, Conduct Risk and Customer Experience, at major international banking and insurance firms since 2015.
10. 17 January 2023

    Cigna to pay $3.5 million penalty for making false and misleading representations about customers’ insurance premiums and cover

    Cigna to pay $3.5 million penalty for making false and misleading representations about customers’ insurance premiums.
11. 22 December 2022

    FMA suspends crowdfunding licence of The Property Crowd

    We have suspended the crowdfunding provider licence of The Property Crowd after the entity materially contravened its licensee obligations.
12. 21 December 2022

    FMA files court proceedings against Tiger Brokers, alleging AML/CFT Act breaches

    We have filed civil High Court proceedings against Tiger Brokers for allegedly breaching the AML/CFT Act.
13. 21 December 2022

    NZICA publishes disciplinary outcomes relating to Wynyard audit by PwC

    FMA notes the New Zealand Institute of Chartered Accountants (NZICA) has released its disciplinary decisions arising from the 2015 PwC audit of the formerly NZX-listed Wynyard Group.
14. 15 December 2022

    ASX 24 derivatives market and SGX-DT reviews released

    FMA has published the findings of its market operator obligations reviews for the Australian Securities Exchange Limited (ASX 24 derivatives market) and Singapore Exchange Derivatives Trading Limited (SGX-DT dairy derivatives market).
15. 15 December 2022

    FMA warns Pencarrow Private Equity Management for AML/CFT record-keeping failures

    We have formally warned Pencarrow Private Equity Management Limited for breaching record-keeping requirements under the AML/CFT Act.