CTRL Investments

March 2022

FMA censured CTRL Investments Limited for contravening the conditions of its derivatives issuer (DI) licence.

Through its ongoing monitoring of the DI sector, the FMA was satisfied that CTRL had materially contravened two standard conditions of its licence by failing to comply with requirements for certain outsourcing arrangements and allowing clients who did not understand derivatives and associated risks, to trade.

• Related media release: FMA censures CTRL Investments for derivatives issuer licence breaches.