Media releases

Found 764 results. Displaying page 3 of 51

1. Media release

   25 June 2024

   Time for your annual KiwiSaver health check

   The FMA and the Retirement Commission are together calling on KiwiSaver members to check their annual statements this year and see if they are on track for their retirement savings goals.
2. Media release

   20 June 2024

   Advisory: FMA publishes Auditor Regulation and Oversight Plan

   The Auditor Regulation and Oversight Plan 2024-2027 plan is similar to last year’s. As the FMA has moved to annual monitoring of audit firms, rather than periodic reviews previously, our approach is continuously updated where appropriate.
3. Media release

   19 June 2024

   FMA and XRB issue user guides to help users of climate statements

   The Financial Markets Authority (FMA) and the External Reporting Board (XRB) – have jointly produced a set of guides designed to help people understand the Climate-related Disclosures (CRD) regime
4. Media release

   14 June 2024

   FMA provides additional support to smaller firms for CoFI licensing

   The FMA has today published an information sheet specifically for smaller firms to assist in establishing and maintaining a Fair Conduct Programme (FCP) and applying for a Financial Institution (CoFI) licence.
5. Media release

   12 June 2024

   FMA files civil proceedings against Booster Investment Management Ltd and individual directors and senior managers

   The FMA has filed civil proceedings against Booster Investment Management Limited (BIML), a wholly owned subsidiary of Booster Financial Services Limited.
6. Media release

   11 June 2024

   FMA opens consultation on proposed standard conditions for Derivatives Issuers

   The FMA is seeking feedback on potential changes to the standard conditions imposed on Derivative Issuer (DI) licences. The changes relate to leverage and the suitability of investors for derivative trading.
7. Media release

   7 June 2024

   Statement regarding adjournment of FMA’s IPO proceeding against CBLC, Peter Harris, Alistair Hutchison and Carden Mulholland

   The FMA acknowledges the High Court’s decision to adjourn the trial for the FMA’s Initial Public Offer (IPO) proceeding against CBLC (in liquidation).
8. Media release

   31 May 2024

   FMA cancels Stockfox Limited’s FAP licence

   The FMA has cancelled Stockfox Limited’s (Stockfox) Financial Advice Provider (FAP) licence with effect from 30 May 2024.
9. Media release

   30 May 2024

   FMA publishes first monitoring insights report into Financial Advice Providers

   The FMA today published its first monitoring report of the new financial advice regime. The report shows how a range of Financial Advice Providers (FAPs) responded to the obligations and licensing requirements under the new regime introduced during the transitional period in 2021, and fully effective from March 2023.
10. Cases

    28 May 2024

    Matthew Hill to pay $100,000 penalty for breaching financial markets legislation

    The High Court has imposed a pecuniary penalty of $100,000 against Matthew Geoffrey Hill, the former Chief Executive Officer of NZX-listed New Talisman Gold Mines Limited, for making false and misleading representations in breach of the Financial Markets Conduct Act 2013 (FMC Act).
11. Media release

    20 May 2024

    FMA files civil proceeding against individual for making alleged false or misleading representations and other breaches

    The FMA has filed civil proceedings against Rangi Wyatt Stephen Savage for making an unregulated public offer for the sale of shares in The Powder Shed Tokoroa Limited (Powder Shed). Mr Savage was the sole director of Powder Shed.
12. Media release

    23 April 2024

    FMA underlines importance of effective liquidity risk management for fund managers

    The FMA has published its guide for Managed Investment Scheme (MIS) managers and their supervisors for effective liquidity risk management (LRM), following consultation.
13. Media release

    18 April 2024

    FMA appoints Louise Unger as Executive Director, Response and Enforcement

    The FMA today confirmed the appointment of Louise Unger to join the FMA’s executive leadership team as Executive Director for Response and Enforcement.
14. Media release

    17 April 2024

    FMA cancels crowdfunding services licence for Equitise

    The FMA has cancelled the crowdfunding services licence of Equitise Pty Ltd (Equitise). The cancellation took effect on 3 April 2024.
15. Media release

    8 April 2024

    FMA introduces new standard condition on business continuity and technology systems plus new process for reporting operational incidents

    The FMA is introducing a new standard condition for certain market licence holders following consultation. The new licence condition will focus on business continuity and technology systems. The new condition will come into effect on 1 July 2024.