Media releases – 2017

Found 732 results. Displaying page 34 of 49

1. 3 August 2015

   Belinda Moffat decides to leave FMA after three years leading enforcement

   The Financial Market’s Authority (FMA) has announced that Belinda Moffat has decided to leave the FMA after three and a half years leading the FMA’s enforcement team.
2. 31 July 2015

   FMA files civil proceedings against portfolio manager for alleged market manipulation

   The Financial Markets Authority (FMA) has issued civil proceedings in the High Court seeking pecuniary penalties against Mr Mark Warminger for trading carried out while employed by Milford Asset Management Limited (Milford). The trading occurred between December 2013 and August 2014.
3. 28 July 2015

   FMA’s Capital + Merchant Finance civil proceedings discontinued

   The FMA has discontinued its civil proceedings against the directors of Capital + Merchant Finance Limited. FMA considers that further time and cost of pursuing the civil proceeding would not be justified or in the public interest. Read more.
4. 27 July 2015

   FMA issues first Stop Order against Green Gardens Finance Trust Ltd

   The Financial Markets Authority (FMA) has issued a Stop Order against Green Gardens Finance Trust Limited (GGFT) and warns the public to be wary of doing business or depositing money with this company. Read more.
5. 13 July 2015

   FMA obtains enforceable undertakings from NZ residents found liable for financial misconduct in Australia

   The Financial Markets Authority (FMA) has agreed to accept enforceable undertakings from David John Hobbs and Jacqueline Hobbs, limiting their activities in New Zealand’s financial markets.
6. 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.
7. 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.
8. 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.
9. 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.
10. 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.
11. 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.
12. 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.
13. 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.
14. 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.
15. 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’).