Media releases – 43

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1. 15 November 2012

   Release of PwC report into Ross Asset Management

   The Receivers and Managers' focus over the first five days of their appointment has been to identify and secure investment assets. After searching the custody accounts identified by Mr Ross and through wider searches in international investment markets, they have so far located investments of only $10.2 million. Read more.
2. 6 November 2012

   Receivers and Managers appointed to Ross Asset Management

   John Fisk and David Bridgman of PwC appointed as receivers and managers, along with experienced brokers from First NZ Capital, to manage the business of David Ross and Ross Asset Management. Read more.
3. 23 October 2012

   Time for KiwiSaver members to maximise their retirement savings potential

   The Financial Markets Authority says it's time for KiwiSaver members to make sure their investment options best suit their future retirement needs.
4. 18 October 2012

   FMA grants auditor licensing accreditation to CPA Australia

   The Financial Markets Authority has accredited accounting body CPA Australia to license auditors who carry out issuer audits in New Zealand.
5. 15 October 2012

   FMA issues guidance on KiwiSaver sales and distribution

   The Financial Markets Authority has published its final guidance note for people involved with the sale and distribution of KiwiSaver schemes.
6. 28 September 2012

   FMA completes licensing of Securities Trustees and Statutory Supervisors

   The Financial Markets Authority (FMA) has concluded the licensing process for Securities Trustees and Statutory Supervisors with decisions on three further applicants.
7. 19 September 2012

   FMA announces licensing of Securities Trustees and Statutory Supervisors

   The Financial Markets Authority (FMA) has announced the granting of nine licences to Securities Trustees and Statutory Supervisors. The successful licensees are:
8. 10 September 2012

   FMA welcomes High Court ruling on Perpetual

   High Court's judgment ruled that FMA can retain documents relating to its inquiries into Perpetual Trust Limited. Perpetual had previously brought a challenge against FMA's information-gathering notices, alleging they were unlawful. Read more.
9. 7 September 2012

   New designated settlement system

   The Reserve Bank of New Zealand and the Financial Markets Authority (FMA) have announced that the NZ Clear Settlement System has been declared a designated settlement system under Part 5C of the Reserve Bank of New Zealand Act.
10. 3 September 2012

    FMA releases final guidance on non-GAAP financial information

    The Financial Markets Authority (FMA) has released its final guidance note on the disclosure of non-GAAP financial information.
11. 31 August 2012

    FMA proposes overhaul of rules around property proportionate ownership schemes

    The Financial Markets Authority has announced its proposal to overhaul the class exemption notice for Real Property Proportionate Ownership Schemes.
12. 30 August 2012

    FMA welcomes Belgrave Finance sentencing

    Mr Buckley was sentenced to three years in prison after he pleaded guilty to 25 charges under the Securities Act, Crimes Act and the Companies Act. Read more.
13. 30 August 2012

    FMA's first year - oversight of market conduct report

    The Financial Markets Authority has published its first report on the key issues and themes to emerge from market oversight activities in the first 12 months since it was established.
14. 17 August 2012

    FMA welcomes ruling on asset preservation orders

    The Court of Appeal has dismissed an appeal by the trustees of the KA3 and KA4 trusts on interim asset preservation orders obtained by FMA. Read more.
15. 9 August 2012

    New Chair for Financial Adviser Code Committee

    The Code Committee for Authorised Financial Advisers (AFAs) has elected David Ireland as Chair for the next 12 months.