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Media releases – 43

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  1. 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.
  2. 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.
  3. 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.
  4. 7 October 2021

    FMA directs Du Val to remove misleading advertising

    The Financial Markets Authority (FMA) - Te Mana Tātai Hokohoko – has directed property development and investment company Du Val to remove advertising materials likely to mislead or deceive investors.
  5. 30 September 2021

    FMA steps up enforcement of anti-money laundering breaches

    The Financial Markets Authority (FMA) - Te Mana Tātai Hokohoko – has escalated its enforcement approach to non-compliance with New Zealand’s anti-money laundering and countering financing of terrorism (AML/CFT) rules, according to a new report.
  6. 29 September 2021

    FMA appoints Karen Chang as Acting General Counsel

    The Financial Markets Authority (FMA) - Te Mana Tātai Hokohoko – has appointed its current Head of Enforcement, Karen Chang, as Acting General Counsel until the FMA’s new Chief Executive joins next year.
  7. 28 September 2021

    Momentum builds in KiwiSaver as scheme reaches $81 billion

    The Financial Markets Authority (FMA) – Te Mana Tātai Hokohoko – has released its KiwiSaver Annual Report based on providers’ statistics for the year ended March 2021, which shows total funds under management reached $81.6 billion, or double the $40.8 billion held in 2017.