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Financial Markets Authority - Latest News [Page 1]

Rangi Savage Senior Made Bankrupt Over Unpaid Powder Shed Investor Compensation

Monday, 9 November 2026, 3:16 pm | Financial Markets Authority

The FMA will claim in the bankruptcy for the compensation owed to investors, plus interest, and for the unpaid pecuniary penalty. How much investors recover, if anything, will depend on the assets available. More >>

FMA Consults On Clearer Regulatory Pathway For NZD Referenced And Backed Payment Stablecoins

Monday, 9 November 2026, 2:07 pm | Financial Markets Authority

Stablecoins are digital tokens designed to maintain a stable value, usually by being linked to a currency such as the New Zealand dollar. They can be used to make payments and transfer value using digital technology. More >>

FMA Urges Clearer Fee Disclosure For Investors

Friday, 6 November 2026, 12:30 pm | Financial Markets Authority

The FMA has given feedback to providers and statutory supervisors where it found issues. Some have already updated their disclosure, and the FMA will carry out targeted follow-up reviews to check the rest have acted. More >>

FMA Files Charges For Alleged Insider Trading

Thursday, 5 November 2026, 4:37 pm | Financial Markets Authority

The charges predominantly relate to insider trading offences in relation to Rakon Limited. The case was heard today in the Auckland District Court. More >>

FMA Publishes Annual Report And Board Conflict Management Plans

Wednesday, 4 November 2026, 1:39 pm | Financial Markets Authority

The report outlines the FMA’s work to encourage greater participation in capital markets, support innovation and flexibility as a future-focused regulator and establish itself as New Zealand’s single conduct regulator for financial markets. More >>

Audit Quality Remains At A Good Level, But Areas For Improvement Remain, FMA Finds

Tuesday, 3 November 2026, 9:31 am | Financial Markets Authority

The FMA reviewed 20 audit files across eight registered firms. Four were assessed as non-compliant, a rate of 20%, compared with 36% in 2024/25. More >>

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 >>

 

 
 
 
 
 

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