Media releases – 2020

Found 764 results. Displaying page 37 of 51

1. 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.
2. 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.
3. 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.
4. 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.
5. 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.
6. 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.
7. 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’).
8. 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.
9. 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.
10. 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.
11. 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.
12. 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.
13. 19 May 2015

    FMA removes offshore firms from the Financial Services Provider Register – warnings issued against companies who fail to respond

    The Financial Markets Authority (FMA) has confirmed that a number of offshore firms have recently been removed from the Financial Services Provider Register (FSPR). While the Registrar of Companies maintains the FSPR, the FMA has powers to direct the Registrar to remove companies from the FSPR where it is likely that a company is giving a false or misleading impression about the extent to which it is regulated in New Zealand.
14. 5 May 2015

    Small DIMS providers benefit from reduced reporting requirements

    The Financial Markets Authority (FMA) has provided smaller businesses that offer a Discretionary Investment Management Service (DIMS) relief from some financial reporting requirements.
15. 30 April 2015

    SPI directors fined for breaching financial reporting rules

    The two directors of SPI Property Fund Limited have today been fined $25,312 each for breaches of the Financial Reporting Act in the Auckland District Court. Read more.