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Financial Markets Authority - Latest News [Page 1]
Christchurch Lender Sentenced For Unregistered Consumer Lending
Thursday, 15 October 2026, 1:55 pm | Financial Markets Authority
Under the Credit Contracts and Consumer Finance Amendment Act 2026, the FMA assumed responsibility for the prosecution from 1 July 2026, when consumer credit regulation transferred to the FMA. More >>
FMA Cancels Auditor’s Licence For Failure To Comply With Multiple Licence Conditions
Friday, 9 October 2026, 12:06 pm | Financial Markets Authority
The FMA would like to thank the Australian Securities and Investments Commission (ASIC) for their cooperation under our Memorandum of Understanding. More >>
FMA Calls For Kiwis To Invest Smart And Stay Scam-Aware During World Investor Week
Tuesday, 6 October 2026, 10:10 am | Financial Markets Authority
Information from online investing platforms suggests New Zealand investors have lost approximately $25 million since June 2025 through a high-profile pump-and-dump style scheme the FMA has warned about. More >>
FMA Extends No Action Relief For Climate Reporting Entities
Tuesday, 29 September 2026, 2:22 pm | Financial Markets Authority
General Counsel, Liam Mason says the FMA recognises many entities are impacted by the uncertainty about their reporting requirements given the amending legislation has not been passed. More >>
FMA Warns Of TSB For Overcharging On Business Accounts
Monday, 21 September 2026, 2:12 pm | Financial Markets Authority
Between 30 November 2017 and 20 November 2023, TSB charged a $0.25 fee on some business cheque transactions that shouldn’t have attracted the fee. The error affected 7,309 customer accounts. More >>
Update To OCR Pass Through Data
Tuesday, 15 September 2026, 3:40 pm | Financial Markets Authority
The banks (ANZ, ASB, BNZ, Kiwibank, SBS, Westpac NZ, The Co-operative Bank and TSB Bank) were chosen as, together, they provide about 98 percent of housing loans to New Zealanders. More >>
High Court Places 23 Further Chance Voight Entities In Liquidation
Monday, 14 September 2026, 2:19 pm | Financial Markets Authority
On 10 September 2026, the Court granted the FMA’s application to liquidate 23 additional entities in the Chance Voight group. More >>
Report From The FMA Highlights The Importance Of Good Governance As KiwiSaver Passes $40,000 Average Balance
Thursday, 10 September 2026, 10:34 am | Financial Markets Authority
Head of Investment Management, Emelie Jensert, said the figures pointed to a scheme that continues to mature and play an important role in the financial wellbeing of New Zealanders. More >>
Statements From FMA’s Board Chair James Miller And Samantha Barrass
Thursday, 3 September 2026, 4:26 pm | Financial Markets Authority
The last few weeks have been very challenging for me, as I have found myself on the receiving end of allegations, and where I have had to take time out for them to be investigated. More >>
Review Highlights Importance Of Strong Oversight To Protect Client Assets
Tuesday, 1 September 2026, 10:34 am | Financial Markets Authority
The review found uncertainty among some providers about who is ultimately responsible for protecting client assets when custody arrangements are outsourced. More >>
Add-On Insurance Review Highlights Insurers' Responsibility To Deliver Fair Outcomes
Thursday, 20 August 2026, 10:05 am | Financial Markets Authority
Michael Hewes, Director Credit, Deposit-taking, Insurance and Advice, says insurers cannot outsource the responsibility for fair consumer outcomes. More >>
Court Bans Peter Huljich For Seven Years Over Pushpay Insider Conduct
Monday, 10 August 2026, 4:45 pm | Financial Markets Authority
Mr Huljich was convicted on a charge of insider conduct on 3 November 2023. More >>
Chance Voight Companies Placed In Liquidation
Friday, 24 July 2026, 4:20 pm | Financial Markets Authority
The FMA’s Head of Enforcement, Margot Gatland, says, “Our primary goal in bringing the liquidation proceeding was to ensure the preservation of investor funds to the extent possible. More >>
Credit Transfer Creates Single Conduct Regulator For Financial Markets
Wednesday, 1 July 2026, 2:09 pm | Financial Markets Authority
Clare Bolingford, Executive Director Licensing and Conduct Supervision, says that aligning credit regulation with broader financial services creates a framework that better supports responsible lending and consumer protection. More >>
FMA Sets Out Regulatory Priorities For 2026/27
Tuesday, 30 June 2026, 4:03 pm | Financial Markets Authority
By publishing this report annually, we provide transparency on the key risks and opportunities on our radar, and how we intend to address them, so industry understands our priorities and what they can expect from us. More >>
No Action On Climate Reporting Obligations For Health And Life Insurers
Thursday, 18 June 2026, 2:38 pm | Financial Markets Authority
“It also aligns with the intent of the proposed legislative change following the recently announced government decisions”, says FMA General Counsel, Liam Mason. More >>
NZX Meets Market Operator Obligations In Annual Review
Thursday, 18 June 2026, 10:09 am | Financial Markets Authority
Director of Markets, Investors and Reporting, John Horner, says the FMA is encouraged by NZX’s progress in addressing the recommendations from its previous reviews. More >>
BNZ Admits Misleading Conduct And Pays $2.6 Million
Wednesday, 17 June 2026, 1:14 pm | Financial Markets Authority
BNZ admitted that it made misleading representations in its terms and conditions and customer statements about how interest would be calculated, breaching sections of the Financial Markets Conduct Act relating to false or misleading conduct. More >>
Ensuring Fair Consumer Outcomes From Insurer Benefits And Campaigns
Thursday, 11 June 2026, 10:39 am | Financial Markets Authority
The FMA wrote to insurers last year after observing some insurers offering benefits and campaigns designed to drive business coming from third parties such as financial advisers. More >>
FMA Welcomes Third Reading Of Bill, Prepares For Transfer Of Regulatory Responsibility For Consumer Credit
Tuesday, 2 June 2026, 1:25 pm | Financial Markets Authority
“Introducing a licensing regime for lenders will give the FMA more ways to monitor and supervise lending activity, and will provide a wider set of regulatory tools to support effective oversight." More >>
