Media releases

Found 722 results. Displaying page 7 of 49

1. 13 September 2022

   KiwiSaver members showing mettle against market volatility, have more interest in annual statements

   Latest KiwiSaver statements report shows 80% of members engaging with their annual statements.
2. 31 August 2022

   FMA makes permanent stop order to Wisdom House Investment Partners Limited and Yuen Pok Loo

   FMA has made a permanent stop order that applies to Wisdom House Investment Partners Limited and Yuen Pok (Paul) Loo after they engaged in misleading and dishonest conduct.
3. 30 August 2022

   FMA directs Kalkine to stop making outgoing sales calls to New Zealanders after misleading marketing conduct

   FMA has directed Kalkine New Zealand Limited to stop making outgoing sales calls to people in New Zealand.
4. 23 August 2022

   FMA sets its sights on a fairer financial system through its 2022/23 work programme

   FMA released its Annual Corporate Plan 2022/23 (ACP), signalling a period of change for both the financial services industry and the regulator itself.
5. 16 August 2022

   FMA makes interim stop order and warns public about Wisdom House Investment Partners Limited and Yuen Pok Loo

   MEDIA RELEASE issued by the FMA announcing an interim stop order that applies to Wisdom House Investment Partners Limited and Yuen Pok.
6. 10 August 2022

   Cigna admits making false and misleading representations over its communication of inflation adjustments to insurance cover

   Cigna Life Insurance New Zealand Limited has admitted to making false and/or misleading representations to customers in proceedings.
7. Media release

   4 August 2022

   FMA survey sheds light on New Zealanders’ experiences with financial sector and concepts of fair treatment

   Research from the FMA reveals insights into the mindset and motivations of consumers as they manage their money and deal with financial services firms.
8. 2 August 2022

   FMA issues infringement notice to Alliant Perpetual for late financial statements

   FMA issued an infringement notice to Alliant Perpetual (Alliant) for failing to file financial statements by their due date.
9. 27 July 2022

   FMA review of ethical investing claims in managed funds

   A review of 14 KiwiSaver and other managed funds to establish how well they are applying the FMA’s integrated financial product (IFP) guidance.
10. Media release

    20 July 2022

    FMA opens consultation on standard conditions for financial institution licences

    Consultation paper on proposed standard conditions for licences granted under the Financial Markets (Conduct of Institutions) Amendment Act 2022.
11. 19 July 2022

    FMA censures derivatives issuer Western Union Business Solutions (Australia) Pty Ltd for licence breaches

    FMA has censured Western Union Business Solutions (Australia) Pty Ltd for materially contravening key Standard Conditions of its licence.
12. 8 July 2022

    FMA appoints Margot Gatland to Head of Enforcement

    FMA has confirmed the appointment of Margot Gatland as its new Head of Enforcement. Ms Gatland was previously the Acting Head of Enforcement at the FMA.
13. 4 July 2022

    High Court dismisses Du Val appeal against FMA direction order

    A High Court ruling upheld an FMA direction order against property development and investment company Du Val, dismissing grounds for appeal.
14. 29 June 2022

    Culture shift for financial services as Conduct of Financial Institutions Bill passes

    The Financial Markets (Conduct of Institutions) Amendment Bill, has been passed in Parliament.
15. 28 June 2022

    FMA publishes NZX obligations annual review 2022

    Key findings of the Financial Markets Authority’s (FMA) - Te Mana Tātai Hokohoko annual NZX Market Operator Obligations Review, which reports on how well NZX is meeting the requirements for its market operator licence. The most recent report covers the period 1 January to 31 December 2021.