Media releases – 2020

Found 764 results. Displaying page 6 of 51

1. Media release

   16 August 2023

   Advisory: Financial Services Council conference speech by Clare Bolingford

   FMA, Executive Director for Regulatory Delivery, Clare Bolingford spoke to the Financial Services Council annual conference today, on the theme of building consumer confidence.
2. Media release

   11 August 2023

   FMA issues warning to Enprise Group Limited

   The Financial Markets Authority (FMA) – has issued Enprise Group Limited (Enprise) a warning for failing to keep proper accounting records.
3. Media release

   31 July 2023

   Financial Market Infrastructures Standards issued

   Standards for designated Financial Market Infrastructures (FMIs) have been issued by the Reserve Bank of New Zealand (RBNZ) and the Financial Markets Authority (FMA), following two rounds of public consultation.
4. Media release

   25 July 2023

   CoFI licensing begins

   From today the FMA will begin accepting licensing applications for financial institution licences under the Conduct of Financial Institutions (CoFI) regime.
5. Media release

   21 July 2023

   Highest penalties to date for market manipulation ordered for Oceania Natural Limited defendants

   The penalty hearing for the first and second defendants in the Oceania Natural Limited (ONL) proceeding brought by the FMA was heard at the Auckland High Court last Thursday, 13 July.
6. Media release

   21 July 2023

   Forestlands sole director, Rowan Kearns, sentenced for making false statements and financial reporting offences

   Rowan Kearns, the founder and sole director of the Forestlands group of companies, was sentenced yesterday to four months’ community detention and 100 hours’ community work with a 9pm – 7am curfew. The sentence follows a prosecution brought by the FMA filed in the Nelson District Court in September 2020.
7. Media release

   18 July 2023

   FMA publishes scenario analysis information sheet for Climate Related Disclosures regime

   The FMA has today released its scenario analysis information sheet to help climate reporting entities (CREs) meet their obligations under the Climate-Related Disclosures (CRD) regime.
8. Media release

   12 July 2023

   FMA releases standard condition for consultation to improve operational and cyber resilience

   FMA has released a consultation document on its proposal to introduce a new standard condition for certain financial market licence holders.
9. Media release

   5 July 2023

   FMA makes permanent stop order against Validus after appeal is dismissed in the High Court

   The FMA has made a permanent stop order (Order) that applies to Validus International LLC (Validus), Validus-FZCO, and associated persons of Validus.
10. Media release

    30 June 2023

    FMA publishes updated and refreshed Auditor and Regulation Oversight Plan 2023-2026

    The FMA will conduct yearly audit quality reviews (AQR) of every licensed audit firm in a refreshed Auditor and Regulation Oversight Plan 2023-2026.
11. 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.
12. 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. 
13. 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.
14. 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.
15. 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.