Media releases

Found 745 results. Displaying page 1 of 50

1. Media release

   17 September 2024

   FMA files criminal proceedings against individual for alleged insider trading

   The FMA has filed criminal proceedings against an individual for alleged insider trading relating to the buying and selling of shares in Heartland Group Holdings Limited (HGH).
2. Media release

   11 September 2024

   FMA publishes ethical investing disclosure insights update

   FMA has published insights from its supervision of funds that claim to have ethical features.
3. Media release

   10 September 2024

   Understanding Artificial Intelligence in Financial Services

   FMA published research on the use of Artificial Intelligence (AI) in New Zealand’s financial services sector.
4. Media release

   9 September 2024

   FMA cancels Rockfort Markets’ derivative issuer licence following High Court appeal

   FMA has cancelled Rockfort Markets Limited’s (Rockfort) Derivative Issuer (DI) licence. The cancellation took place on 19 July 2024.
5. Media release

   4 September 2024

   FMA cancels Integrity Advisers Insurance Limited’s Financial Advice Provider licence

   FMA has cancelled Integrity Advisers Insurance Limited’s (Integrity) Financial Advice Provider (FAP) licence for engaging in serious misconduct.
6. Media release

   3 September 2024

   FMA files criminal charges against former financial adviser

   FMA has filed criminal charges against a former financial adviser. The defendant, who has interim name suppression, has pleaded not guilty.
7. Media release

   22 August 2024

   CBL managing director Peter Harris ordered to pay $1.4m penalty for fair dealing and continuous disclosure breaches

   The High Court has ordered Peter Harris, the former CBL Corporation Limited (In Liquidation) (CBLC) managing director, to pay a penalty of $1.4 million for continuous disclosure and misleading conduct.
8. Media release

   21 August 2024

   FMA statement on Statutory Management for Du Val corporations

   FMA confirmed a number of entities within the Du Val group be placed in statutory management under the terms of the Corporations (Investigation and Management) Act 1989 (the Corporations Act).
9. Media release

   6 August 2024

   Oceania Natural Limited defendants banned from holding senior management positions for nine years

   Oceania Natural Limited defendants, Wei (Walker) Zhong and Lei (Regina) Ding have been banned from being a director, promoter or manager of an entity for nine years.
10. Media release

    2 August 2024

    Du Val Group placed into interim receivership by High Court

    The High Court has placed Du Val Capital Partners Limited together with a number of entities within the Du Val Group, into interim receivership, at the request of the FMA. The interim receivership orders were also made in respect of Kenyon and Charlotte Clarke.
11. Media release

    30 July 2024

    FMA warns individual for market manipulation

    The FMA has issued a warning to an individual online trader for suspected market manipulation.
12. Media release

    24 July 2024

    FMA publishes guidance note for providers of client money or property services

    The FMA has published guidance on how providers of client money or property services, and custodians, can meet their obligations under the Financial Markets Conduct Act 2013 (FMC Act).
13. Media release

    19 July 2024

    FMA censures CTRL for Derivatives Issuer licence breaches

    FMA has censured EC Markets previously known as (CTRL Investments Limited or CTRL) for breaching the obligations of its Derivatives Issuer licence.
14. Media release

    18 July 2024

    Understanding fairness in financial services

    From March 2025, financial institutions (including banks, insurers, and non-bank deposit takers) will be required to ensure they treat consumers fairly under the Financial Markets (Conduct of Institutions) Amendment Act 2022 (CoFI). The research is intended to support evidence-based conversations with industry and stakeholders on what fair treatment means.
15. Media release

    3 July 2024

    FMA censures deVere for breaching its licence obligations

    The FMA has censured deVere New Zealand Limited (deVere) for failing to comply with its FAP licence obligations.