Beware of loan scams during festive seasons
FMA warns of fake credit and loan scams targeting Kiwis during holiday season. Learn how to spot, avoid, and report these frauds.
Use our AI search to ask us a question or use keywords to search for pages or documents.
Example: "How do I apply for a financial institution licence?", "FMA Annual Report 2024"
Use our AI search to ask us a question or use keywords to search for pages or documents.
Example: "How do I apply for a financial institution licence?", "FMA Annual Report 2024"
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FMA warns of fake credit and loan scams targeting Kiwis during holiday season. Learn how to spot, avoid, and report these frauds.
The AML/CFT customer due diligence: clubs and societies provides guidance for clubs and societies. The type of entity the club or society is will determine the customer due diligence (CDD) that is undertaken.
A balanced fund usually has moderate risk, so you’re not risking as much uncertainty of achieving your investing goals or as much potential for loss by being in one. Read more about balanced funds in this FMA article.
We are concerned Alioth Club may be operating a scam and is falsely claiming to be based in New Zealand.
The FMA has issued a further warning to investors about a Malaysian-based loyalty scheme, MBI International, also trading as MFC Club (MFC Club).
The FMA is concerned that a Malaysian based loyalty scheme, MBI International also trading as MFC Club (MFC Club) is being promoted in New Zealand. We have received reports that MFC Club is being actively promoted within the Chinese speaking community in Auckland.
We recommend exercising caution before dealing with Fix Club Limited as the company is not registered as a financial service provider in New Zealand.
The FMA has developed a KiwiSaver health checker tool to help people answer four important questions about their account.
BALANCE WEALTH LIMITED is an AML/CFT reporting entity.
OIA response to the FMA salaries. Response dated 23 March 2025