Media releases

Found 706 results. Displaying page 5 of 48

1. 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.
2. 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.
3. 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).
4. 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.
5. 14 December 2022

   FMA files market manipulation case against Kok Ding Cheng for trading of Rua shares

   FMA has filed High Court civil proceedings against Kok Ding Cheng, for alleged market manipulation of NZX-listed shares of Rua Bioscience Limited (RUA).
6. 2 December 2022

   FMA releases 2022 CPA Australia and NZICA accredited body reports

   We have published the 2022 accredited body reports for CPA Australia and the New Zealand Institute of Chartered Accountants (NZICA).
7. Media release

   30 November 2022

   FMA progressing CoFI implementation with publication of licensing materials

   The FMA is continuing to progress preparations for the Financial Markets (Conduct of Institutions) Amendment Act 2022 (CoFI), with the release of a suite of materials for financial institutions.
   
   
8. 16 November 2022

   FMA finds continuing improvements to audit quality

   FMA releases Audit Quality Monitoring Report for 2021/22, Findings show that audit firms have improved their record keeping.
9. 20 October 2022

   FMA formally warns wholesale property investment firms after discovering non-compliant practices

   FMA has issued seven formal warnings following concerns in the wholesale property investment sector.
10. 19 October 2022

    FMA warns InvestNow for AML/CFT deficiencies and failures

    FMA has issued a formal warning to InvestNow Saving and Investment Service Limited for failing to comply with anti-money laundering requirements.
11. 17 October 2022

    FMA files proceedings against Vero for allegedly misleading customers about multi-policy discounts

    FMA has filed High Court proceedings against Vero Insurance for failing to apply multi-policy discounts, which led to customers being overcharged.
12. Media release

    6 October 2022

    $150 million returned to customers following conduct and culture reviews of banks and insurers

    Customer remediation by banks and life insurers following the Conduct and Culture reviews has returned $150 million to customers.
    
    
13. 4 October 2022

    FMA’s KiwiSaver 2022 annual report shows scheme’s resilience

    The KiwiSaver Annual Report 2022 shows member balances remained buoyant and fund switching returned to normal levels.
14. 3 October 2022

    Eighty-six per cent of financial advice providers now on full licensing path

    More than 80 per cent of financial advice providers have now embarked on – or completed – the full licence application process.
15. 30 September 2022

    AIA to pay $700,000 penalty for false and misleading representations to customers

    The Auckland High Court has ordered life insurer AIA to pay a pecuniary penalty of $700,000 for making false and/or misleading representations to some customers, following proceedings brought by the FMA.