Back

Search results

Found 3107 results. Displaying page 166 of 208

  1. 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.
    Tags
    Directors, Roles, Legislation, Climate related disclosure, Media release, Business, News & Insights
    Type
    Page

  2. 4 October 2021

    DIY investors encouraged to ‘take a mo’ before giving in to FOMO

    The Financial Markets Authority (FMA) - Te Mana Tātai Hokohoko is urging DIY online investors to pause before succumbing to investment FOMO as part of World Investor Week (4-10 October).
    Tags
    Investing, Media release, Consumer, News & Insights
    Type
    Page

  3. 18 March 2022

    FMA comments on conflict of interest processes

    The Financial Markets Authority (FMA) – Te Mana Tātai Hokohoko today welcomed an independent review into the advice provided to the Minister of Commerce and Consumer Affairs in relation to the appointment of default KiwiSaver providers in 2021. This media release serves as comment about our conflict of interest processes
    Tags
    Media release, FMA, News & Insights
    Type
    Page

  5. 5 August 2021

    Online investing platforms transform attitudes to investing

    Eight out of 10 New Zealand investors have a more favourable view of investing and financial markets after using online investing platforms, according to research released today by the Financial Markets Authority - Te Mana Tātai Hokohoko.
    Tags
    Crowdfunding providers, Cryptocurrencies, Derivative Issuer, Discretionary investment management scheme (DIMS), Offer disclosure for equity and debt offers, Roles, Media release, Business, Managed investment schemes, News & Insights, Peer-to-peer lending service providers
    Type
    Page

  6. 13 September 2021

    CLSAP (formerly KVB Kunlun) ordered to pay $770,000 for anti-money laundering breaches

    CLSA Premium New Zealand Limited (CLSAP NZ) has been ordered to pay a total pecuniary penalty of $770,000 for breaches of the Anti-Money Laundering and Countering Financing of Terrorism (AML/CFT) Act, following proceedings brought by the Financial Markets Authority – Te Mana Tātai Hokohoko (FMA).
    Tags
    AML/CFT, Roles, Media release, Judgment, Business, News & Insights, Enforcement
    Type
    Page

  7. 6 May 2021

    New law reforms the regulation of financial market infrastructures (FMIs)

    New laws to regulate and supervise payment and settlement systems have been passed by Parliament following the third reading of the Financial Market Infrastructures Bill (the Bill) yesterday. Under the Bill the Reserve Bank of New Zealand – Te Pūtea Matua (the Reserve Bank) and the Financial Markets Authority – Te Mana Tātai Hokohoko (FMA) will be joint regulators of most FMIs, including central securities depositories, securities settlement systems, central counterparties, and trade repositories. The Reserve Bank will be the sole regulator of payments systems under the new regime.
    Tags
    Regulation, Regulation updates, Media release, Business, FMA, News & Insights
    Type
    Page

  8. 11 May 2021

    Supreme Court rejects sentence appeal by PTT’s Steven Robertson

    The Financial Markets Authority - Te Mana Tātai Hokohoko (FMA) has welcomed the Supreme Court’s decision to dismiss a sentence appeal by Steven Robertson of PTT Limited, bringing the matter to a close.
    Tags
    Media release, Consumer, News & Insights, Enforcement, Scams
    Type
    Page

  9. 14 May 2021

    New default KiwiSaver settings designed to benefit members

    The Financial Markets Authority - Te Mana Tātai Hokohoko (FMA) notes the Government’s announcement today regarding new KiwiSaver default provider arrangements, these include new settings that offer a package of benefits for default KiwiSaver members.
    Tags
    Media release, KiwiSaver providers, Roles, Business, Consumer, Managed investment schemes, News & Insights, Supervisor
    Type
    Page

  10. 9 July 2021

    FMA concludes inquiries into Fonterra’s 2019 financial statements and complaints relating to valuations of Beingmate and China Farms

    The Financial Markets Authority (FMA) - Te Mana Tātai Hokohoko - has closed its inquiries that followed Fonterra’s 2019 financial statements market announcement. The FMA did not find evidence to support regulatory action, including litigation, under the Financial Markets Conduct Act.
    Tags
    Cases, Auditors, Directors, Roles, Media release, Business, News & Insights, Enforcement
    Type
    Page

  12. 21 April 2021

    Advertising phenomenal investment returns for the last year could mislead investors, FMA says

    The Financial Markets Authority (FMA) is warning the funds management industry to avoid advertising large investment returns for the 12-month period to March 31, 2021, as this could mislead investors.
    Tags
    Media release, KiwiSaver providers, Managed funds, Roles, Ways to invest, Investing, Business, Consumer, Managed investment schemes, News & Insights
    Type
    Page

  13. 6 May 2021

    CLSAP (formerly KVB Kunlun) admits to anti-money laundering breaches

    CLSA Premium New Zealand Limited (CLSAP NZ) has admitted to breaches of the Anti-Money Laundering and Countering Financing of Terrorism (AML/CFT) Act, following proceedings brought by the Financial Markets Authority – Te Mana Tātai Hokohoko (FMA).
    Tags
    AML/CFT, Derivatives, Roles, Ways to invest, Investing, Media release, Business, Consumer, News & Insights, Enforcement
    Type
    Page

  14. 28 July 2021

    FMA censures FoxPlan for providing and offering unpermitted financial advice services

    The Financial Markets Authority (FMA) - Te Mana Tātai Hokohoko – has formally censured Wellington-based financial services firm FoxPlan Ltd, after one of its nominated representatives provided services he was not permitted to give and other representatives offered services to clients they were not permitted to give.
    Tags
    Financial Adviser, Roles, Financial Advice Provider, Media release, Enforceable action, Business, News & Insights, Enforcement
    Type
    Page

  15. 22 July 2021

    General insurers ill-prepared for conduct licensing

    General insurers are not prepared for new legislation that will require them to establish systems and processes to ensure good conduct and fair treatment of customers, according to the Financial Markets Authority (FMA) - Te Mana Tātai Hokohoko.
    Tags
    Roles, Financial Advice Provider, Licensing & registration, Media release, Conduct, Insurance Providers, Business, News & Insights
    Type
    Page