Media releases – 2017

Found 722 results. Displaying page 27 of 49

1. 8 June 2017

   Innovative Securities fails to overturn FSPR ruling

   The High Court has dismissed an appeal by Innovative Securities Limited against the FMA decision to de-register the company from the FSPR. Read more.
2. 8 June 2017

   Trial shows simple way to help KiwiSaver members

   KiwiSaver members who received communications created using behavioural insights were more likely to choose to move out of default funds, and less likely to transfer to another provider.
3. 29 May 2017

   FMA survey: Investor confidence bounces back

   Major disruptions in world events over the last year have not dented New Zealanders’ confidence in financial markets. The FMA today released its annual survey into the public’s attitude to financial markets. The survey shows that confidence has risen significantly to 65% among all respondents, from 56% in 2016.
4. 26 May 2017

   RBNZ and FMA welcome new foreign exchange market Global Code of Conduct

   The Reserve Bank of New Zealand and Financial Markets Authority have welcomed the release of a new code to promote good practice in the international foreign exchange market.
5. 24 May 2017

   Licensing overview: what the FMA found and what firms need to know

   Common issues, hints for new applicants and a guide to the Financial Markets Authority’s (FMA) future focus are included in a review of the regulator’s first two and a half years of licensing.
6. 18 May 2017

   Former financial adviser pleads guilty to four charges under Crimes Act

   Anthony Wilson, a former Registered Financial Adviser pleaded guilty at the Auckland District Court to two charges of making a false document for pecuniary advantage. The charges were filed by the Financial Markets Authority (FMA) under the Crimes Act. Read more.
7. 15 May 2017

   Changes for investment companies offering shares to protect investors

   Investors will benefit from greater protection due to a change in the way the Financial Markets Authority (FMA) will treat certain companies offering shares.
8. 10 May 2017

   Media Statement on NZX updated code of corporate governance

   The FMA welcomes the publication of NZX’s updated Corporate Governance Code.
9. 9 May 2017

   IMF NZ FSAP Assessment 2017

   The FMA welcomes the publication of the International Monetary Fund’s Financial System Stability Assessment (FSSA) for New Zealand.
10. 5 May 2017

    KiwiSaver trial to target decision-making a decade out from retirement

    The FMA is working with ANZ to see if behavioural insights can prompt more ANZ KiwiSaver members to get retirement advice, or use retirement-planning tools when they hit 56 years old.
11. 1 May 2017

    Forestlands – update for investors

    FMA had ongoing inquiries into the Forestlands companies. We have referred some matters to the Serious Fraud Office. We will continue to complete our inquiries in relation to financial markets issues. Read more.
12. 11 April 2017

    Consultation on KiwiSaver fees methodology

    KiwiSaver members will be able to see the dollar cost of the fees they are paying in their annual statements next year. The Ministry of Business and Innovation and Employment (MBiE) is currently amending the Financial Markets Conduct Regulations so that individual members’ total fees must be disclosed in annual statements in dollar values, from March 2018.
13. 11 April 2017

    Guilty plea in insider trading case

    An individual today pleaded guilty at the Auckland District Court to one charge of insider trading under section 243 Financial Markets Conduct Act - namely, being an information insider advising or encouraging another person to trade. Read more.
14. 5 April 2017

    Wise-up about retirement now, so you can relax and enjoy it later

    The FMA commissioned Colmar Brunton to survey New Zealanders aged between 60 and 74 years, to find out their experiences of retirement and how information or advice has helped them manage their retirement savings.
15. 3 April 2017

    FMA confirms short-term derivatives to be licensed

    The Financial Markets Authority has today confirmed that businesses selling short-duration derivatives need to be licensed. The Financial Markets Conduct Act introduced licensing for derivatives issuers in December 2014.