Media releases – 51

Found 762 results. Displaying page 36 of 51

1. 28 August 2015

   FMA releases enforcement and investigations report 2015

   The Financial Markets Authority (FMA) has published its enforcement and investigations report for the year ending 30 June 2015.
2. 27 August 2015

   FMA encourages people to get their KiwiSaver fighting fit during Money Week

   The FMA has launched its plans for Money Week 2015. This year the FMA wants people to complete an online health check of their KiwiSaver by answering five simple questions to make sure they are tuned in to their KiwiSaver investment.
3. 21 August 2015

   Guilty pleas entered in OPI Pacific Finance case

   Two former directors of OPI Pacific Finance, Mark Lawrence Lacy and Jason Robert Duncan Maywald, have pleaded guilty to two charges under the Securities Act 1978 in a prosecution commenced by the FMA in 2013. Read more.
4. 14 August 2015

   FMA secures interim asset preservation orders over PTT Limited and Steven Robertson

   FMA has obtained interim asset preservation orders over the assets of PTT Limited, Steven Robertson and associated entities, from the High Court in Auckland. Read more.
5. 12 August 2015

   Life after work - ready or not

   A new study shows that almost half of people over 50 years old have yet to figure out how they will reach their retirement goals. While four in ten people who have already retired, did so without a financial plan for their retirement.
6. 3 August 2015

   Belinda Moffat decides to leave FMA after three years leading enforcement

   The Financial Market’s Authority (FMA) has announced that Belinda Moffat has decided to leave the FMA after three and a half years leading the FMA’s enforcement team.
7. 31 July 2015

   FMA files civil proceedings against portfolio manager for alleged market manipulation

   The Financial Markets Authority (FMA) has issued civil proceedings in the High Court seeking pecuniary penalties against Mr Mark Warminger for trading carried out while employed by Milford Asset Management Limited (Milford). The trading occurred between December 2013 and August 2014.
8. 28 July 2015

   FMA’s Capital + Merchant Finance civil proceedings discontinued

   The FMA has discontinued its civil proceedings against the directors of Capital + Merchant Finance Limited. FMA considers that further time and cost of pursuing the civil proceeding would not be justified or in the public interest. Read more.
9. 27 July 2015

   FMA issues first Stop Order against Green Gardens Finance Trust Ltd

   The Financial Markets Authority (FMA) has issued a Stop Order against Green Gardens Finance Trust Limited (GGFT) and warns the public to be wary of doing business or depositing money with this company. Read more.
10. 13 July 2015

    FMA obtains enforceable undertakings from NZ residents found liable for financial misconduct in Australia

    The Financial Markets Authority (FMA) has agreed to accept enforceable undertakings from David John Hobbs and Jacqueline Hobbs, limiting their activities in New Zealand’s financial markets.
11. 6 July 2015

    FMA settlement with Hanover defendants provides $18 million compensation for investors

    FMA has reached a settlement of its civil proceedings against the former directors of Hanover finance companies, and the former directors of a parent firm, Hanover Group Ltd. As part of the settlement, $18 million will be distributed to eligible investors who invested in the Hanover finance companies in the period from 7 December 2007 to 23 July 2008. Read more.
12. 3 July 2015

    FMA strategy to boost New Zealanders’ understanding and knowledge about investing

    The Financial Markets Authority (FMA) today released its Investor Capability Strategy, which aims to build knowledge, understanding and confidence about making investment decisions.
13. 23 June 2015

    Most Kiwis remain confident in NZ’s financial markets, survey shows

    Confidence in New Zealand’s financial markets remains stable, with 60% of New Zealanders feeling confident in the state of the country’s financial markets.
14. 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.
15. 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.