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Found 2001 results. Displaying page 69 of 134

14 September 2020

Promarkets

Promarkets is not registered on the FSPR and not an incorporated company in New Zealand.

Tags

Suspected scam, Scams

Type

Page
30 June 2020

Consultation Joint response to managing intermediaries 11 nov 2013

The Financial Markets Authority published a consultation paper on 11 July 2013 concerning certain obligations under the Anti-Money Laundering and Countering Financing of Terrorism Act 2009 (‘AML/CFT Act’). The paper dealt with the obligations of reporting entities that transact with other
reporting entities.17 submissions were received from market participants, industry bodies, law firms and consultants. This paper details the responses.

Tags

AML/CFT, Consultations, Roles, Business

Type

PDF
1 December 2013

Accredited Body Report – CPA Australia 2013

The Auditor Regulation Act (the Act) requires the Financial Markets Authority (FMA) to assess to what extent CPA Australia, as an accredited body under the Act: has adequate and effective audit regulatory systems;
complies with its obligations under the Auditor Regulation Act (Prescribed Minimum Standards for Accredited Bodies) Notice 2012. This is for the period ended 30 June 2013 report.

Tags

Reports and Papers, Auditors, Roles, Monitoring, Business, News & Insights

Type

PDF
15 February 2013

consultation paper financial advisers australian licensee notice

The Financial Markets Authority (FMA, or we) are reviewing the Financial Advisers (Australian Licensees) Exemption Notice 2011 (Financial Advisers (Australian Licensees) notice) which expires on 30 June 2013.
FMA is keen to hear the views of Australian financial service licence holders who are relying on the Financial Advisers (Australian Licensees) notice and selected stakeholders to determine whether or not to renew the exemption.

Tags

Financial Adviser, Consultations, Roles, Business

Type

PDF
29 June 2014

NZX Obligations Review 2014

NZX, as New Zealand’s only Registered Exchange, is
an essential part of New Zealand’s financial markets.
The General Obligations Review provides FMA with
the opportunity to report on the adequacy of the
arrangements NZX had in place to comply with its
obligations during a particular review period, and to
identify issues that, in FMA’s view, would assist NZX to
ensure its continued compliance.

Tags

Reports and Papers, Market operator, Roles, Business, News & Insights

Type

PDF
12 July 2013

consultation paper charitable and religious purposes exemption review

In this paper we seek submissions on proposals relating to the review the Financial Markets Authority (FMA) is undertaking on the Securities Act (Charitable and Religious Purposes) Exemption Notice 2003 (SR 2003/66) (the CRP Notice), which is due to expire on 30 November 2013.
FMA is reviewing the CRP Notice simultaneously with the Reserve Bank of New Zealand’s review of the appropriate treatment of charitable and religious organisations under the Non-bank Deposit Takers regime.

Tags

Consultations, Supervisor, Roles, Business

Type

PDF
24 August 2016

FMA Co-operation policy 2016

The Financial Markets Authority (FMA) often receives the co-operation of entities or individuals when we investigate financial market misconduct.
When deciding whether to pursue a regulatory response against an entity or individual, and if so, what sanction to use, one of the factors we may consider is the nature and extent of any co-operation they have provided.

Tags

Regulation, Policy, Business, FMA, Enforcement

Type

PDF
13 April 2015

Response to Submissions Derivatives Issuer Standard Condition: Suitability of Products for Clients

In November 2013 we consulted on the minimum standards and conditions for derivatives issuers wishing to
be licensed under the Financial Markets Conduct Act 2013 (the Act). As part of that consultation we sought feedback on a condition relating to the assessment of suitability of products for clients. Two options were provided, one being disclosure based and the other an assessment by the issuer.

Tags

Derivative Issuer, Consultations, Roles, FMC Act, Legislation, Business

Type

PDF
2 June 2017

Amendment Notice 2017 FMC Shares in Investment Companies Designation

The amendment notice amends the Financial Markets Conduct (Shares in Investment Companies) Designation Notice 2017 which came into force on the 19 May 2017. The notice declares that certain shares in investment companies are managed investment products rather than equity securities for the purposes of the FMC Act, but the princepal notice does not apply to shares that are NZX Main Board shares.

Tags

FMC Act, Legislation, Business

Type

PDF, Notice
23 July 2019

Annual Corporate Plan 2019

This Annual Corporate Plan sets out our activities that will promote our strategic priorities, address regulatory risks and harms, and deliver sector outcomes.
This plan should be read alongside our Strategic Risk Outlook (see below), which provides our medium-term view of the most significant risks to and opportunities for promoting fair, efficient and transparent financial markets.

Tags

FMA

Type

PDF
9 May 2023

Supervisors Licence Covenant Trustee Services Limited

This is to certify that COVENANT TRUSTEE SERVICES LIMITED FSP30521, is licensed under section 16(1) of the Financial Markets Supervisors Act 2011 to act as a supervisor in respect of debt securities; a supervisor in respect of registered schemes excluding KiwiSaver schemes, Superannuation schemes and Workplace Savings schemes and a statutory supervisor in respect of retirement villages.

Tags

Licence, Roles, Licensing & registration, Business, Supervisor

Type

PDF
10 November 2014

Gentrack IPO Report November 2014

This report published in 2014 describes our conclusions following a review of matters arising out of Gentrack’s initial public offering (IPO) of shares and its disclosure at the time of the IPO. Our review has not covered matters
relating to Gentrack’s continuous disclosure obligations under the Securities Markets Act 1988 or the NZX
listing rules. These matters have been reviewed by NZX.

Tags

Reports and Papers, Investigations, News & Insights, Enforcement

Type

PDF
2 August 2018

FMA Annual Corporate Plan 2018-19

This Annual Corporate Plan sets out our activities for 2019/20 that will promote our strategic priorities, address regulatory risks and harms, and deliver sector outcomes. This plan should be read alongside our Strategic Risk Outlook, which provides our medium-term view of the most significant risks to and opportunities for promoting fair, efficient and transparent financial markets.

Tags

Reports and Papers, FMA, News & Insights

Type

PDF
1 March 2014

Unsolicited Offers Monitoring Report 2014

The Securities Markets (Unsolicited Offers) Regulations 2012 came into force on 1 December 2012, in response to concerns about ’low ball’ offers. FMA closely monitored compliance with the new regulations as one of our focus areas in 2013 for building customer trust. In this report we set out our findings and observations. These are based on our monitoring activities to 14 February 2014.

Tags

Compliance, Reports and Papers, Offer information, Business, News & Insights

Type

PDF
15 March 2023

FAP licences Classes of financial advice service

The FMA specifies three licence classes for financial advice providers (FAP): Class 1, Class 2 and Class 3. See section 395(2) of the Financial Markets Conduct Act 2013 as amended by the Financial Services legislation Amendment Act 2019 (FMC Act).
Licence classes apply to the manner in which regulated financial advice may be provided but do not limit the types of financial advice that may be provided under the licence, as the latter is addressed by the competency requirements in the Code of Professional Conduct for Financial Advice Services.

Tags

Financial Advice Provider, Licence guide, Roles, Licensing & registration, Business

Type

PDF, Information Sheet