Back

Search results

Found 3699 results. Displaying page 41 of 247

  2. 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

  3. 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

  4. 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

  5. 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

  6. 29 July 2021

    FMA releases cyber resilience info sheet for financial advice providers

    The Financial Markets Authority (FMA) - Te Mana Tātai Hokohoko - has today published an information sheet containing principles and resources to help licensed financial advice providers develop their cyber resilience.
    Tags
    Financial Advice Provider, Roles, Media release, Business, News & Insights
    Type
    Page

  7. 11 February 2021

    FMA announces senior leadership change

    The Financial Markets Authority (FMA) announced today its General Counsel, Nick Kynoch, had resigned and would leave the regulator in late February to take up a new role as General Counsel for Generate Kiwisaver.
    Tags
    Media release, News & Insights, Enforcement
    Type
    Page

  9. 20 January 2021

    FADC decision published

    The Financial Advisers Disciplinary Committee (FADC) has today published its decision regarding a case brought by the FMA.
    Tags
    Cases, Compliance, Financial advice, Media release, Business, Consumer, News & Insights, Enforcement
    Type
    Page

  10. 25 May 2021

    Thousands of young New Zealanders missing out on investment returns

    The (FMA) is urging young New Zealanders to check they’re in the right KiwiSaver fund. The call follows data indicating over 12,000 KiwiSaver members aged 26-35 years old are sitting in lower risk or conservative funds after switching from higher growth funds during COVID-19 market volatility last year.
    Tags
    Media release, KiwiSaver & Superannuation, Consumer, News & Insights
    Type
    Page

  11. 10 March 2021

    Financial adviser censured for code breaches

    The Financial Advisers Disciplinary Committee (FADC) has censured an Authorised Financial Advisor (AFA) following a case brought by the FMA. Read the decision on breaches and decision on penalty here.
    Tags
    Media release, News & Insights, Enforcement
    Type
    Page

  13. 11 March 2021

    ANZ ordered to pay $280,000 penalty for misleading representations over credit card insurance charges

    The Auckland High Court has ordered ANZ New Zealand (ANZ) to pay a $280,000 civil penalty for breaching the Financial Markets Conduct Act 2013 (FMCA) by making misleading representations in the supply of credit card repayment insurance (CCRI) to 307 of its customers.
    Tags
    Cases, Fair dealing, FMC Act, Legislation, Media release, Business, News & Insights, Enforcement
    Type
    Page

  14. 13 March 2023

    Market index exemption renewal feedback form

    Feedback form for consultation: FMA is seeking feedback on whether to renew a class exemption for MIS managers where assets do not have an appropriate market index.
    Tags
    Consultations, Roles, Business, Managed investment schemes, Supervisor
    Type
    Word document, Feedback form

  15. 13 March 2023

    Market index exemption renewal consultation paper

    Consultation document: FMA is seeking feedback on whether to renew a class exemption for MIS managers where assets do not have an appropriate market index.
    Tags
    Roles, Business, Managed investment schemes, Supervisor
    Type
    PDF