Media releases – 2018

Found 764 results. Displaying page 7 of 51

1. Media release

   29 June 2023

   Tiger Brokers to pay $900,000 penalty for multiple AML/CFT Act breaches

   The Auckland High Court has ordered Tiger Brokers (NZ) Limited to pay $900,000 for breaching the Anti-Money Laundering and Countering Financing of Terrorism (AML/CFT) Act 2009 (the Act), in proceedings brought by the FMA.
2. Media release

   28 June 2023

   NZX meets all its requirements as the market operator – FMA annual review

   NZX has complied with its obligations as a market operator, a report by the FMA has found. 
3. Media release

   26 June 2023

   FMA publishes final guidance for the intermediated distribution of financial products

   The FMA today published its final guidance for financial institutions that distribute products and services through intermediaries as part of the Conduct of Financial Institutions (CoFI) regime.
4. Media release

   23 June 2023

   FMA publishes Climate Related Disclosure record keeping draft guidance for consultation

   The FMA has published three documents to support Climate Reporting Entities (CREs) in meeting their obligations under the new Climate Related Disclosure (CRD) reporting requirements.
5. Media release

   16 June 2023

   FMA warns New Zealanders of comparison website harvesting investor details

   FMA is urging New Zealanders to exercise extreme caution when dealing with a phony interest rates comparison website. The FMA believes the website is harvesting users’ personal information for criminals to sell fake investments.
6. Media release

   12 June 2023

   FMA reaches agreement with CBL Corporation and four independent directors on continuous disclosure breaches

   FMA has reached agreement with CBL Corporation Limited (In Liquidation) (CBLC) and four of its former directors in respect of the FMA's claims of continuous disclosure breaches and misleading conduct.
7. Media release

   8 June 2023

   FMA files proceedings against AA Insurance for alleged fair dealing breaches

   FMA has filed civil proceedings against AA Insurance Limited (AAI) for failing to apply multi policy and membership discounts, as well as guaranteed no claims bonuses to eligible customers’ premiums,
8. Media release

   1 June 2023

   FMA files proceedings against Medical Assurance Society over fair dealing provision breaches

   FMA has filed High Court proceedings against Medical Assurance Society New Zealand Limited (MAS) and its subsidiaries for fair dealing breaches under section 22 of the Financial Markets Conduct Act 2013 (FMC Act).
9. Media release

   23 May 2023

   FMA files criminal charges against Yuen Pok (Paul) Loo

   FMA has filed criminal charges against Yuen Pok (Paul) Loo following offences under financial markets legislation.
10. 10 May 2023

    FMA censures Aurora Financial Group Limited for misleading clients

    FMA has censured Aurora Financial Group Limited (Aurora Financial) for misleading existing and potential clients about KiwiSaver returns.
11. Media release

    1 May 2023

    FMA letter to NZ registered banks: Treating consumers fairly – creating the right incentives

    Letter sent from by the FMA to Chief Executives of New Zealand registered banks in April 2023.
12. Media release

    12 April 2023

    Two individuals found to have breached market manipulation prohibitions and disclosure obligations

    Media release announcing High Court judgment in relation to FMA vs Wei (Walker) Zhong and Lei (Regina) Ding market manipulation of Oceania Natural Limited (ONL) shares trading.
13. Media release

    29 March 2023

    FMA issues formal warning to Vanguard

    We have issued a formal warning to Vanguard Investments Australia Limited (Vanguard), for failing to lodge a required notice on the New Zealand Companies Office Disclose Register.
14. Media release

    17 March 2023

    Financial advice regulatory regime - now in full effect

    Financial advice regulatory regime now in full effect and all financial advice providers (FAPs) must hold or operate under a full licence from the FMA if they want to provide regulated financial advice to retail clients.
15. Media release

    17 March 2023

    FMA appoints three new Directors within regulatory leadership team

    FMA announces three directors appointed to new roles in the strategic leadership cohort.