Media releases

Found 762 results. Displaying page 36 of 51

1. 6 July 2015

   FMA settlement with Hanover defendants provides $18 million compensation for investors

   FMA has reached a settlement of its civil proceedings against the former directors of Hanover finance companies, and the former directors of a parent firm, Hanover Group Ltd. As part of the settlement, $18 million will be distributed to eligible investors who invested in the Hanover finance companies in the period from 7 December 2007 to 23 July 2008. Read more.
2. 3 July 2015

   FMA strategy to boost New Zealanders’ understanding and knowledge about investing

   The Financial Markets Authority (FMA) today released its Investor Capability Strategy, which aims to build knowledge, understanding and confidence about making investment decisions.
3. 23 June 2015

   Most Kiwis remain confident in NZ’s financial markets, survey shows

   Confidence in New Zealand’s financial markets remains stable, with 60% of New Zealanders feeling confident in the state of the country’s financial markets.
4. 22 June 2015

   Settlement reached over ASB rural interest rate swaps

   The Financial Markets Authority (FMA) has reached a settlement with ASB regarding the sale, promotion and marketing of interest rate swaps to some rural customers.
5. 18 June 2015

   Milford Asset Management to pay $1.5 million following FMA investigation

   The FMA has reached an agreement with Milford to resolve the issues relating to Milford (but excluding the trader) arising from the investigation, under which Milford has agreed to make payments totalling $1.5m. Read more.
6. 18 June 2015

   New SOI introduces fresh set of measures to track FMA success over medium-term

   Tabled in Parliament today, the Financial Markets Authority’s Statement of Intent (SOI) for 2015-2019 marks a further step in the agency’s evolution as a modern, risk-based conduct regulator.
7. 16 June 2015

   FMA welcomes first listing on new NXT market

   The Financial Markets Authority (FMA) says the first listing this week on the NXT market sparks a new era of innovative capital raising in New Zealand.
8. 11 June 2015

   New roles within the FMA executive team

   The Financial Markets Authority (FMA) has made the following appointments to its executive team effective 1 July 2015.
9. 8 June 2015

   $10m settlement on Dominion Finance secured by FMA and liquidators and receivers

   The FMA together with the liquidators of Dominion Finance Group (DFG) and the receivers of North South Finance (NSF), reached a settlement pursuant to which $10.235m will be paid to liquidators and receivers for distribution in the receivership. Read more.
10. 2 June 2015

    Statement from the joint regulators of the NZClear system

    NZClear is a designated settlement system and consequently subject to Part 5C of the Reserve Bank of New Zealand Act 1989 (‘RBNZ Act’).
11. 28 May 2015

    Receivers and managers appointed to Arena Capital / BlackfortFX

    The High Court in Christchurch has granted the Financial Markets Authority’s (FMA) application for Grant Graham and Neale Jackson of KordaMentha to be appointed as receivers and managers of Arena Capital Limited, trading as Blackfort FX (Arena/Blackfort). Read more.
12. 26 May 2015

    Annual review shows NZX meeting regulatory obligations

    The Financial Markets Authority (FMA) today confirmed that NZX has complied with its statutory obligations to ensure that its markets are fair, orderly, and transparent.
13. 25 May 2015

    FMA issues warning on continuous disclosure obligations and secures $500,000 compensation payment from Pacific Edge Limited

    The Financial Markets Authority (FMA) has concluded its investigation into Pacific Edge Limited regarding potential breaches of its continuous disclosure obligations.
14. 25 May 2015

    Apple Fields directors fined on non-filing charges

    The two directors of Apple Fields Limited have today been fined $30,000 each at the Christchurch District Court for breaches of the Financial Reporting Act 1993.
15. 21 May 2015

    FMA secures Asset Preservation Orders over Arena Capital Limited / Blackfort

    The FMA confirms that it is undertaking an investigation into Arena Capital Limited (Arena), trading as BlackfortFX (Blackfort). Read more.