Media releases

Found 722 results. Displaying page 18 of 49

1. 27 August 2019

   Bay of Plenty women urged to take financial investing power into their own hands

   There is a large investing gap in New Zealand between men and women. As Mary Holm, one of New Zealand’s most trusted money experts says, “In many ways women are better investors than men. So how come we often end up with lower savings?”
2. 22 August 2019

   FMA finding on ANZ related party transaction

   The FMA said it has completed its inquiry into disclosure by ANZ of the sale of the property at 269 St Heliers Bay Road by Arawata Assets Limited to Deborah Veronica Walsh (the wife of former CEO, David Hisco) and has determined that ANZ New Zealand Group should have disclosed this as a related party transaction in its 2017 financial statements.
3. 21 August 2019

   FMA reiterates warning about potential Skyway Capital/SWIG scam

   The Financial Markets Authority (FMA) is reiterating its warning that Skyway Capital may be involved in a scam, after learning the business is continuing to conduct seminars throughout the North Island.
4. 19 August 2019

   Steven Robertson convicted on 38 charges relating to PTT Limited and associated entities

   The Financial Markets Authority (FMA) has welcomed the Auckland High Court convicting Steven Robertson of 38 charges relating to PTT Limited and associated entities.
5. 16 August 2019

   FMA Statement on Court of Appeal judgment in Viaduct Capital and Mutual Finance

   The FMA notes the judgment from the Court of Appeal, setting aside of some of the convictions, and the associated reduction of a sentence, in relation to Mr Paul Bublitz and Mr Bruce McKay.
6. 14 August 2019

   New vision for Council of Financial Regulators

   The Council of Financial Regulators (CoFR) has announced a new vision for New Zealand’s economic wellbeing and has welcomed the addition of the Commerce Commission to the forum.
7. 9 August 2019

   21 charges filed by FMA against man who convinced members of the public to ‘invest’ with him

   The Financial Markets Authority has charged a man who convinced members of the public to ‘invest’ with him with offences under the Crimes Act and the FMA Act at the Manukau District Court.
8. 6 August 2019

   Westpac refunding $7 million to affected customers for incorrect fees

   The Financial Markets Authority (FMA) and Commerce Commission have formally agreed with Westpac the steps the bank must take to refund fees to some 93,000 customers being overcharged $7 million.
9. 1 August 2019

   FMA suspends AxiCorp derivatives licence

   The Financial Markets Authority (FMA) has suspended the derivatives issuer licence of AxiCorp Financial Services Pty Limited (trading as AxiTrader) for material breaches of the Financial Markets Conduct Act 2013. Read more.
10. 26 July 2019

    New Zealand launches ‘investment passport’

    Kiwi investors and managed funds will now be able to do business more easily with Australia, Japan and Thailand, after New Zealand’s implementation of the Asia Region Funds Passport (ARFP).
11. 25 July 2019

    FMA confirms date for transitional licensing applications

    The Financial Markets Authority (FMA) today announced it will start accepting transitional licence applications from 4 November 2019. Anyone providing financial advice to retail clients from June 2020 (the start of the new regime) will need to operate under a Financial Advice Provider Transitional Licence. Advisers can either get their own licence or work on behalf of someone else who holds a licence.
12. 24 July 2019

    Investor confidence stable and improving over time

    Confidence in New Zealand’s financial markets has remained stable over the past two years, despite volatile global markets and a focus on the culture and conduct of major financial institutions in Australia and New Zealand.
13. 23 July 2019

    FMA sets out key focus areas for the year ahead

    The FMA published its Annual Corporate Plan (ACP), which outlines its work plan for the next financial year and sets objectives for raising standards of behaviour across financial services.
14. 23 July 2019

    FMA issues Stop Order against Syndicated Trusts Limited

    The Financial Markets Authority (FMA) has issued a Stop Order against Syndicated Trusts Limited (STL), ordering the company to stop advertising or accepting money for financial products.
15. 18 July 2019

    Interim liquidators appointed to Barry Kloogh’s companies

    The FMA has confirmed interim liquidators have been appointed to Financial Planning Limited (FPL) and Impact Enterprises Limited (IEL).