Aggregated News From Investment Management Regulators

New Zealand

FMA releases cyber resilience info sheet for financial advice providers

The Financial Markets Authority (FMA) - Te Mana Tātai Hokohoko - has today published an information sheet containing principles and resources to help licensed financial advice providers develop their cyber resilience.

AIA admits false and misleading representations to customers in FMA fair-dealing proceedings

Life insurer AIA has admitted making false and/or misleading representations to customers in proceedings brought by the Financial Markets Authority (FMA) - Te Mana Tātai Hokohoko.

FMA censures FoxPlan for providing and offering unpermitted financial advice services

The Financial Markets Authority (FMA) - Te Mana Tātai Hokohoko – has formally censured Wellington-based financial services firm FoxPlan Ltd, after one of its nominated representatives provided services he was not permitted to give and other representatives offered services to clients they were not permitted to give.

FMA warns investors about scammers impersonating NZ derivatives issuer

The Financial Markets Authority (FMA) - Te Mana Tātai Hokohoko – is warning investors to be wary of scammers impersonating New Zealand-based derivatives issuer Rockfort Markets Limited.

Reserve Bank and FMA consult on implementing new law to safeguard the ’plumbing’ of the financial system

Groups with an interest in the financial market transactions and payments are being asked for their views on how a new law governing the ‘plumbing’ of the financial system should be implemented.

General insurers ill-prepared for conduct licensing

General insurers are not prepared for new legislation that will require them to establish systems and processes to ensure good conduct and fair treatment of customers, according to the Financial Markets Authority (FMA) - Te Mana Tātai Hokohoko.

FMA issues infringement notice to Equitise

The Financial Markets Authority (FMA) - Te Mana Tātai Hokohoko – has issued an infringement notice to equity crowdfunding service provider Equitise Pty Ltd for failing to file financial statements by their due date.

FMA concludes inquiries into Fonterra’s 2019 financial statements and complaints relating to valuations of Beingmate and China Farms

The Financial Markets Authority (FMA) - Te Mana Tātai Hokohoko - has closed its inquiries that followed Fonterra’s 2019 financial statements market announcement. The FMA did not find evidence to support regulatory action, including litigation, under the Financial Markets Conduct Act.

FMA cancels Fund Managers Otago licence

The Financial Markets Authority (FMA) – Te Mana Tātai Hokohoko – has cancelled the managed investment scheme manager licence of Fund Managers Otago (FMO).

FMA survey shows changing investor preferences and continuing confidence in the markets

Investor Confidence Research's main research objectives are to measure the level of confidence the public has in the New Zealand financial markets; measure perceptions and awareness of the FMA; capture the level of understanding of diversification and risk/return trade-off. This media release relates to the 2021 report.

FMA publishes NZX obligations annual review

NZX made notable improvements to its regulatory arrangements and monitoring in 2020, according to the annual obligations review of New Zealand’s licensed stock exchange by the Financial Markets Authority (FMA) - Te Mana Tātai Hokohoko.

FMA releases guide for ‘finfluencers’

The FMA has released a guide to talking about money online following concerns some social media influencers and bloggers may be straying into regulated financial advice.

Regulator Information

Regulator Name: Financial Markets Authority
Abbreviation: FMA
Jurisdiction: New Zealand

Recent Articles

SEC Charges Founder of Nikola Corp. With Fraud

The Securities and Exchange Commission today announced charges against Trevor R.

AMF is warning retail investors on the importance of consulting the white list of digital asset service providers (DASPs)

The AMF is calling on the extreme vigilance of retail investors when dealing with offers to invest in crypto-assets. The regulatory authority reminds of the existence of a Read more

ivyautomotive (clone of FCA authorised firm)

Fraudsters are using the details of firms we authorise to try to convince people that they work for a genuine, authorised firm. Find out...

top-isa-comparison.com

We believe this firm may be providing financial services or products in the UK without our authorisation. Find out why you should be wary...

Get the latest from Regulatory.News in your inbox!

×