Media releases

Found 722 results. Displaying page 8 of 49

1. 23 June 2022

   Cyber security must be a priority for financial sector, FMA says

   The Financial Markets Authority (FMA) - Te Mana Tātai Hokohoko has published an information sheet to help financial services firms enhance the resilience of their technology and operational systems, and meet any relevant licence obligations.
2. 20 June 2022

   FMA publishes Auditor Regulation and Oversight Plan 2022-2025

   The Auditor Regulation and Oversight Plan 2022-2025 plan sets out how the FMA aims to improve the audit quality of Financial Markets Conduct reporting entities.
3. 16 June 2022

   New Zealand investor confidence dips back to pre-COVID levels

   Confidence in New Zealand’s financial markets has slipped back in the past 12 months, after last year’s record score, but overall, two-thirds of investors remain confident.
4. 14 June 2022

   OnePath and Cigna admit to fair dealing breaches for credit card repayment insurance

   OnePath Life (NZ) Limited and Cigna Life Insurance New Zealand Limited will jointly pay $180,000 to the FMA after admitting liability for breaching the fair dealing provisions of the Financial Markets Conduct Act 2013 (FMCA).
5. 26 May 2022

   FMA releases record keeping information sheet for financial advice providers

   The Financial Markets Authority (FMA) - Te Mana Tātai Hokohoko has published an information sheet for financial advice providers (FAPs) about how they can demonstrate compliance with record keeping obligations.
6. 18 May 2022

   Fund managers’ inconsistent performance measurement and cost of fees reduces benefits to investors

   The managers of New Zealand managed investment schemes (MIS or KiwiSaver/fund managers) are showing repeatable performance, relative to appropriate market indices. However, the benefits of their skill to investors in some funds is reduced by fees, and the costs of commission paid by managers to third parties.
7. 6 May 2022

   FMA issues stop order against The One Management GP Limited

   The Financial Markets Authority (FMA) - Te Mana Tātai Hokohoko has today confirmed it has made a stop order against The One Management GP Limited regarding an offer in relation to The One Property LP¹ (the Fund), which is only available to wholesale investors, including eligible investors.
8. 7 April 2022

   FMA issues new infringement notice against crowdfunding platform Equitise

   The Financial Markets Authority (FMA) - Te Mana Tātai Hokohoko has issued another infringement notice to Equitise Pty Ltd for failing to file financial statements on time, amid broader concerns about the firm’s ability to meet regulatory reporting deadlines.
9. 28 March 2022

   FMA issues interim stop order to The One in Longhorn Partnership Fund

   The Financial Markets Authority (FMA) - Te Mana Tātai Hokohoko has today issued an interim stop order to The One Management GP Limited and James Law Realty regarding an offer in relation to The One in Longhorn Partnership Fund (‘the Fund’), which is only open to wholesale investors, including eligible investors.
10. 24 March 2022

    Two individuals to pay penalties for market manipulation and disclosure breaches relating to Oceania Natural

    Zhongyang (Sean) Meng and Jiashun (Sam) Qian have been ordered to pay pecuniary penalties of $180,000 and $130,000 respectively for market manipulation and disclosure breaches involving Oceania Natural Limited (ONL) shares.
11. 18 March 2022

    FMA comments on conflict of interest processes

    The Financial Markets Authority (FMA) – Te Mana Tātai Hokohoko today welcomed an independent review into the advice provided to the Minister of Commerce and Consumer Affairs in relation to the appointment of default KiwiSaver providers in 2021. This media release serves as comment about our conflict of interest processes
12. 9 March 2022

    FMA directs Simplicity to remove misleading advertising and improve compliance processes

    The Financial Markets Authority (FMA) - Te Mana Tātai Hokohoko has directed Simplicity NZ Limited to remove advertising materials that breached fair dealing provisions¹, and ensure future advertising is compliant.
13. 1 March 2022

    FMA censures CTRL Investments for derivatives issuer licence breaches

    The Financial Markets Authority (FMA) - Te Mana Tātai Hokohoko has censured CTRL Investments Limited for contravening the conditions of its derivatives issuer (DI) licence.
14. 9 February 2022

    FMA files court proceedings alleging insider trading relating to the sale of Pushpay shares

    The Financial Markets Authority (FMA) - Te Mana Tātai Hokohoko has filed proceedings against two individuals for alleged insider trading in relation to the sale of shares in Pushpay Holdings Limited (NZX:PPH).
15. 27 January 2022

    FMA publishes 2021 annual report

    The Financial Markets Authority (FMA) - Te Mana Tātai Hokohoko - has today published its annual report for the year to June 2021.