1. News and resources
  2. Reports and papers
  3. Monitoring and compliance reports

Monitoring and compliance reports

Show advanced search

Found 30 results. Displaying page 1 of 2

  1. 22 September 2017

    Financial Service Providers Register report

    170922 FSPR report
    Some businesses and individuals register on the Financial Services Provider Register (FSPR) to mislead overseas investors that their activities are regulated by us or other authorities. We do not oversee or maintain the FSPR, the Companies Office performs this role. But we do have the power to deregister a business or individual or prevent them from registering in the first place. Read about the work we’re doing to tackle misuse of the register and some useful case studies that provide examples of where we’ve taken action.


  2. 23 June 2017

    Auditor regulation and oversight plan

    FMA has an obligation to publish an Auditor Regulation and Oversight plan by 30 June each year, for a three year period, setting out our intentions for the regulation and oversight of auditors under the Act. This plan will help licensed auditors, registered audit firms and accredited bodies to understand how FMA will approach auditor regulation. It may also be of interest to issuers, investors and their advisers.


  3. 20 February 2017

    Conduct Outcomes Report

    170220 FMA Conduct Outcomes Report 2016 This report highlights the key issues and actions from our enforcement, supervision and preventative activities in the period 1 July 2015 to 30 June 2016. It provides insight into the work we do and the approach we take, and helps businesses and professionals better understand our expectations of market conduct. 170220 FMA Conduct Outcomes Report 2016 This report highli...


  4. 8 December 2016

    AML/CFT Monitoring Report

    AML/CFT 2016 Annual Monitoring Report This report summarises our monitoring activities to help firms and individuals better understand our expectations and how they can improve their systems and processes, to comply with the Anti-Money Laundering and Countering Financing of Terrorism Act 2009 (the Act). This report covers the period from 1 July 2015 to 30 June 2016. It was our third year of monitoring compliance with the Act....


  5. 4 August 2016

    A review of corporate governance disclosure in New Zealand

    160804 Review of corporate governance disclosure
    Institutional investors have told us that they rely on good corporate governance disclosures to help them make informed investment decisions. Our review of a sample of New Zealand listed and unlisted companies shows that although many companies provide clear and relevant information, they could improve corporate governance policies, practices and disclosures. We encourage companies to learn from the examples of good reporting that we have highlighted, paying particular attention to disclosures on shareholder relations and stakeholder interests.


  6. 29 June 2016

    Report into insurance sales and advice: Replacing life insurance — who benefits?

    160629 Replacing life insurance - who benefits? This is our first report into the sales practices within the life insurance industry. The report is the result of a review of four years of data, to determine whether insurance churn exists in the New Zealand market and, if it does, whether it harms consumers. Previous Versions 28/06/2016 2:50pm Related documents...


  7. 12 September 2014

    Qualifying Financial Entities (QFE) Monitoring Report

    140912 QFE monitoring report 2014
    This is the FMA’s first report on QFE monitoring. We cover site visits and wider monitoring activities up to June 2014. We provide an overview of our key findings from on-site QFE inspections of some of the major banks as well as non-bank entities, and have identified areas that could be improved by adopting better practices.


  8. 12 September 2014

    Authorised Financial Advisers (AFA) Monitoring Report

    140912 AFAs monitoring report 1 January – 30 June 2014 Related documents 140330 AFAs monitoring report Jul -Dec 2013 130930 AFAs monitoring report thematic review nzx adviser april-june 2013 130601 AFAs Monitoring Report-Thematic Review: DIMS January-March 2013 130301 AFAs monitoring report oct-dec 2012 121001 AFAs-monitoring-report-july-sept...


  9. 3 July 2014

    Review of non-filing of financial statements

    The non-filing of financial statements by some financial markets participants is a persistent problem and has prompted FMA to undertake a review of issuers’ compliance with their financial reporting obligations. The purpose of this report is to: remind directors of their statutory financial reporting obligations under the Financial Reporting Act 1993 (FRA) remind brokers and directors of the statutory filing obligations under the Securities Act (Contributory Mortgage) Regulations 1988 infor...


  10. 30 June 2014

    Going Concern disclosures in financial statements

    The purpose of this report is to inform market participants of the findings of our review and highlight areas of concern. It also: reminds directors of the importance of the going concern assumption when preparing accounts using New Zealand GAAP and disclosure requirements considers the requirements of New Zealand Auditing standards and whether the audit opinion is in compliance with these standards. Going Concern disclosures in financial statements 2014.pdf (598 kB)...


  11. 4 April 2014

    Securities Trustees and Statutory Supervisors - Feedback from monitoring visits

    In September 2012, FMA licensed securities trustees and statutory supervisors (licensees) pursuant to the Securities Trustees and Statutory Supervisors Act 2011 (the Act). Prior to the Act, licensees in New Zealand were not subject to independent regulation. FMA recognises that it can take time for any newly regulated population to adapt to their new compliance obligations. In the context of licensee’s, adapting processes and building a culture of regulatory oversight of supervised interests...


  12. 27 March 2014

    Unsolicited Offers Monitoring Report

    The Securities Markets (Unsolicited Offers) Regulations 2012 (Regulations) came into force on 1 December 2012, in response to concerns about ’low ball’ offers. FMA closely monitored compliance with the new regulations as one of our focus areas in 2013 for building customer trust. In this report we set out our findings and observations. These are based on our monitoring activities to 14 February 2014. Unsolicited Offers Monitoring Report.pdf (538 kB)...