Page last updated: 30 January 2025

News & Insights

Upcoming events and announcements

11 Mar 2025 Tue 6:45am

Fintech Hui 2025

In 2025, New Zealand’s fintech sector is set for transformation with the advancement of open banking and consumer data rights legislation. The Hui is a crucial forum to collaboratively address challenges and seize opportunities.  

Location: Shed 10, Auckland

21 Mar 2025

Legalwise Seminars - Presentation to annual in-house lawyer's conference

26 Mar 2025

FMA Chief Executive and Insurance industry roundtable

02 Apr 2025

FMA Chief Executive speaks to Financial Advice New Zealand annual conference

Latest news

Individual ordered to pay compensation and pecuniary penalty for making false or misleading representations
Rangi Wyatt Stephen Savage Senior has been ordered to pay compensation of $126,214 to investors and a pecuniary penalty of $142,500 for breaching th ...
FMA provides clarity to e-money/payment services providers on licensing requirements
The FMA is pleased to clarify the licensing requirements for e-money and payment service providers. In short, there is no specific licence for e-money ...
Investing 101 with Simran Kaur | Jess Learns to Invest Episode 1
Are you ready to kickstart your investing journey? Dive into our podcast series ‘Jess Learns to Invest’. Join Jess, a 27-year-old newbie in the w ...
Speech by Samantha Barrass to the Financial Services Council Outlook 2025
Samantha Barrass, Chief Executive FMA speaks at the Financial Services Council Outlook 2025.
FMA issues warning to former FMC auditor
FMA has issued a public warning to Mr Allan Facey, a Sydney-based auditor, regarding his conduct as the Engagement Quality Control Reviewer (EQR) for ...
FMA seeks clarity from High Court on use of eligible investor certificates in wholesale investment sector
The FMA has filed a case stated proceeding to seek the Court’s determination on legal issues about the use, confirmation, and acceptance, of eligib ...
Westpac admits to misleading representations that resulted in $6.35m in overcharges
Westpac New Zealand Limited has admitted to misleading customers entitled to advertised discounts as well as overcharging some of its business custome ...
Individual pleads guilty to insider trading charges
Kevin Young, a former accountant with Heartland Bank Limited, has pleaded guilty to insider trading charges brought against him by the FMA.
Money with Mary
In our series “Money with Mary,” personal finance legend Mary Holm shares practical tips on a variety of money matters.
FMA files civil proceedings against InvestNow for alleged AML/CFT breaches
FMA has filed civil proceedings against InvestNow Saving and Investment Service Ltd, which trades as InvestNow, for alleged breaches of the Anti-Money ...
FMA censures Pathfinder for misleading representations
The FMA is satisfied that between October 2021 and May 2024, Pathfinder made misleading statements about the nature of its KiwiSaver Funds’ ethical ...
ASX 24 review report
The FMA is required to report at least once every two years on how well Australian Securities Exchange Limited (ASX 24) is meeting its licensed market ...
SGX-DT review report
Findings from the FMA’s reviews of how well Singapore Exchange Derivatives Trading Limited (SGX-DT) is meeting its market operator obligations under ...
FMA cancels auditor’s licence to carry out FMC audits for multiple failures
FMA has cancelled the New Zealand licence of Sydney based auditor, Mr Sam Danieli, to carry out FMC audits in New Zealand.
Accredited Body Report - CPA Australia
CPA Australia Accredited Body Report contains the findings of our monitoring assessment of CPA Australia. Read more.
Accredited Body Report – New Zealand Institute of Chartered Accountants
NZICA Accredited Body Report contains the findings of our monitoring assessment of the New Zealand Institute of Chartered Accountants (NZICA). Read mo ...
FMA launches “regulatory sandbox” pilot for 2025
As part of our commitment to support financial services innovation, the FMA is launching a pilot “regulatory sandbox” and is asking for applicatio ...
Climate-related Disclosures: Insights from our reviews
This report provides key insights from our reviews of 70 climate statements prepared for reporting periods ended 31 December 2023, 31 January 2024 and ...