Media releases – 215

Found 754 results. Displaying page 12 of 51

1. 13 December 2021

   FMA cancels financial advice provider’s transitional licence

   The Financial Markets Authority (FMA) - Te Mana Tātai Hokohoko has cancelled the transitional financial advice provider (FAP) licence of Wisdom House Investment Partners Limited, after its sole financial adviser engaged in serious misconduct at his previous employer.
2. 9 December 2021

   FMA files civil proceedings against Kiwibank for false or misleading representations over fee waivers

   The FMA has filed High Court civil proceedings against Kiwibank under the fair dealing provisions of the FMC Act.
3. 9 December 2021

   AxiCorp licence suspension lifted

   The Financial Markets Authority (FMA) - Te Mana Tātai Hokohoko has lifted the suspension on the derivatives issuer licence of AxiCorp Financial Services Pty Limited (trading as AxiTrader), effective as of 2 December 2021.
4. 7 December 2021

   AML/CFT risk ratings confirmed for sectors under FMA supervision

   A new report by the Financial Markets Authority (FMA) - Te Mana Tātai Hokohoko - has found that derivatives issuers (DI’s) and cryptocurrency service providers are in the high risk category for meeting anti-money laundering and counter-terrorism financing obligations.
5. 3 December 2021

   FMA releases CPA Australia and NZICA accredited body reports

   FMA has published its annual accredited body reports for CPA Australia and the New Zealand Institute of Chartered Accountants (NZICA), 2021.
6. 25 November 2021

   Change to FMA Executive Committee

   The Financial Markets Authority (FMA) - Te Mana Tātai Hokohoko – said today that its Director of Capital Markets, Sarah Vrede, had resigned. The FMA’s Director Investment Management Paul Gregory has been appointed Acting Director of Capital Markets, effective from 29 November 2021.
7. 17 November 2021

   New self-assessment tools aim to boost success of financial advice providers

   The Financial Markets Authority (FMA) - Te Mana Tātai Hokohoko has released three new self-assessment tools to help financial advice providers (FAPs) prepare for full licensing.
8. 17 November 2021

   FMA publishes implementation approach for climate-related disclosure regime

   The Financial Markets Authority (FMA) - Te Mana Tātai Hokohoko has published its implementation approach for the Financial Sector (Climate-related Disclosures and Other Matters) Amendment Bill (CRD Bill).
9. 10 November 2021

   Auditors respond well to challenges presented by COVID-19

   Auditors have responded well to financial reporting challenges presented by the pandemic, according to the Financial Markets Authority (FMA) - Te Mana Tātai Hokohoko Audit Quality Monitoring Report for 2020/21.
10. 4 November 2021

    Self-reporting issues to FMA does not provide immunity from litigation

    The Financial Markets Authority (FMA) - Te Mana Tātai Hokohoko - has laid its expectations for how firms under its supervision should deal with the regulator when day-to-day interactions evolve in the event of an enforcement process.
11. 21 October 2021

    New climate-related disclosure regime expands FMA’s responsibilities

    The Financial Markets Authority (FMA) - Te Mana Tātai Hokohoko acknowledges the passage of the third reading of the Financial Sector (Climate-related Disclosures and Other Matters) Amendment Bill.
12. 20 October 2021

    FMA sets target dates for FAP full licence applications

    The FMA has set 30 September 2022 as the “target date” by when all transitional financial advice providers should apply for their Class 1 or Class 2 full licences. For Class 3 licence applicants, the target date is 30 June 2022.
13. 14 October 2021

    FMA censures Jarden for derivatives issuer licence breaches by OMF

    FMA has formally censured Jarden Securities Limited for contraventions by OM Financial Limited (OMF) as a licensed derivatives issuer (DI).
14. 13 October 2021

    FMA issues guidance on advertising of financial products

    The Financial Markets Authority (FMA) issues guidance on how firms should be advertising financial products. Read the media release.
15. 11 October 2021

    FMA censures Firma NZ for breaches to derivatives issuer licence obligations

    The Financial Markets Authority (FMA) - Te Mana Tātai Hokohoko – has censured Firma Foreign Exchange Corporation (NZ) Limited after finding it had materially contravened a number of its obligations as a licensed derivatives issuer (DI).