Media releases

Found 416 results. Displaying page 1 of 21

1. 29 January 2019

   FMA and RBNZ report on life insurer conduct and culture

   The FMA and RBNZ have completed their joint review of 16 New Zealand life insurers. This review follows the regulators’ bank review published in November 2018.

   https://fma.govt.nz/news-and-resources/media-releases/fma-and-rbnz-report-on-life-insurer-conduct-and-culture/

2. 24 January 2019

   NZX & FMA initiate industry review: Capital Markets 2029

   NZX and FMA have initiated an industry-led review of New Zealand’s capital markets. Capital Markets 2029 is designed to deliver a ten-year vision and growth agenda for the sector.

   https://fma.govt.nz/news-and-resources/media-releases/nzx-and-fma-initiate-industry-review-capital-markets-2029/

3. 18 December 2018

   Two men convicted on Crimes Act charges

   Two men have been found guilty at Tauranga District Court on charges filed by the Financial Markets Authority (FMA): Robert Ian South and Murray Byron Provan.

   https://fma.govt.nz/news-and-resources/media-releases/two-men-convicted-on-crimes-act-charges/

4. 17 December 2018

   Explaining fees and products key for consumers

   The Financial Markets Authority (FMA) released a survey into consumers’ experience of providers’ conduct.

   https://fma.govt.nz/news-and-resources/media-releases/explaining-fees-and-products-key-for-consumers/

5. 5 December 2018

   Accredited Body Reports - NZICA and CPA Australia Published - December 2018

   We published the accredited body reports for the New Zealand Institute of Chartered Accountants (NZICA) and CPA Australia.

   https://fma.govt.nz/news-and-resources/media-releases/accredited-body-reports-published-2018/

6. 30 November 2018

   FMA reports on Wynyard investigation

   FMA has published the findings of its investigation into Wynyard Group Limited’s (Wynyard) compliance with continuous disclosure and fair dealing obligations.

   https://fma.govt.nz/news-and-resources/media-releases/fma-reports-on-wynyard-investigation/

7. 28 November 2018

   Public warning –Brian (John) Ferguson

   The Financial Markets Authority (FMA) has issued a public warning about Brian Ferguson, a registered financial adviser from Palmerston North.

   https://fma.govt.nz/news-and-resources/media-releases/public-warning-brian-john-ferguson/

8. 26 November 2018

   FMA publishes 2018 Audit Quality Report & Directors’ Guide

   The FMA's Audit Quality Report 2018 expresses concern at the continued inconsistencies in audits provided by the same firm, while noting the overall quality of audits has improved in recent years.

   https://fma.govt.nz/news-and-resources/media-releases/fma-publishes-2018-audit-quality-report-and-directors-guide/

9. 23 November 2018

   Peer-to-peer lending/crowdfunding 2018 data published

   The FMA published its second statistical report on peer to peer lending and crowd funding in New Zealand.

   https://fma.govt.nz/news-and-resources/media-releases/peer-to-peer-lendingcrowdfunding-2018-data-published/

10. 15 November 2018

    Incentives for bank staff too highly focused on sales - November 2018

    The Financial Markets Authority (FMA) published Bank Incentive Structures, its thematic review of how banks in New Zealand incentivise their staff. The report sits alongside the recently published joint FMA/Reserve Bank of New Zealand Conduct and Culture review of New Zealand’s banks.

    https://fma.govt.nz/news-and-resources/media-releases/incentives-for-bank-staff-too-highly-focused-on-sales/

11. 14 November 2018

    Supporting family and friends who have been scammed

    We are highlighting the case of ‘Simon’ and his father-in-law ‘Richard’ as part of the Ministry of Business, Innovation and Enterprise’s Fraud Awareness Week.

    https://fma.govt.nz/news-and-resources/media-releases/supporting-family-and-friends-who-have-been-scammed/

12. 12 November 2018

    CBL Investigation update

    https://fma.govt.nz/news-and-resources/media-releases/cbl-investigation-update-2/

13. 5 November 2018

    FMA and RBNZ report on bank conduct and culture

    FMA and RBNZ have completed their joint review into the conduct and culture of 11 New Zealand banks. The review is the first of its kind in New Zealand.

    https://fma.govt.nz/news-and-resources/media-releases/fma-and-rbnz-report-on-bank-conduct-and-culture/

14. 29 October 2018

    Exemption passed to enable disclosure documents in English and te reo Maori

    FMA has granted a class exemption to enable companies who offer investments to publish product disclosure statements (PDS) in both te reo Māori and English (dual-language PDS).

    https://fma.govt.nz/news-and-resources/media-releases/exemption-passed-to-enable-disclosure-documents-in-english-and-te-reo-maori/

15. 25 October 2018

    FMA publishes annual report 2018

    FMA has published its annual report for the financial year ending June 30 2018.

    https://fma.govt.nz/news-and-resources/media-releases/fma-publishes-annual-report-2018/

16. 12 October 2018

    FMA update on Forestlands

    The FMA has decided not to seek costs arising from its application to put the Forestlands companies 2-12 and 14-20 into liquidation.

    https://fma.govt.nz/news-and-resources/media-releases/fma-update-on-forestlands/

17. 9 October 2018

    KiwiSaver nears $50 billion in 2018

    KiwiSaver continues to grow steadily according to the FMA’s 2018 KiwiSaver report.

    https://fma.govt.nz/news-and-resources/media-releases/kiwisaver-nears-50-billion-in-2018/

18. 4 October 2018

    FMA issues infringement notice to Pacific Eagle Capital

    The Financial Markets Authority (FMA) has issued an infringement notice to Pacific Eagle Capital (PEC) for failing to file financial statements by its due date.

    https://fma.govt.nz/news-and-resources/media-releases/fma-issues-infringement-notice-to-pacific-eagle-capital/

19. 1 October 2018

    World Investor Week encourages investors to take the plunge

    FMA has launched a new campaign for World Investor Week to help New Zealanders become more confident investors by addressing some of the uncertainties around investing.

    https://fma.govt.nz/news-and-resources/media-releases/world-investor-week-encourages-investors-to-take-the-plunge/

20. 26 September 2018

    FADC decisions published

    The Financial Advisers Disciplinary Committee (FADC) has released its decision in two cases brought by the FMA.

    https://fma.govt.nz/news-and-resources/media-releases/fadc-decisions-published/