Financial Markets Authority - Latest News [Page 20]
Is trust the new currency?
Thursday, 6 September 2018, 12:52 pm | Financial Markets Authority
Presentation by Rob Everett to the Financial Services Council and Workplace Savings NZ 2018 National Conference More >>
Preparing for investment storms
Thursday, 6 September 2018, 9:42 am | Financial Markets Authority
KiwiSaver members can prepare for investment storms by being in the right type of fund and continuing to contribute through any downturn. More >>
Helping KiwiSaver members weather investment storms
Wednesday, 29 August 2018, 10:24 am | Financial Markets Authority
In preparation for Sorted Money Week 2018 the Financial Markets Authority (FMA) is launching an online quiz to help younger KiwiSaver members understand how to react when investments rise and fall in stormy markets. More >>
KS members say dollar fee information is useful
Thursday, 16 August 2018, 10:07 am | Financial Markets Authority
The vast majority (86%) of KiwiSaver members who saw their fees in dollar amounts in their annual statements this year rated the information as “quite or very useful”, an FMA survey has found. Members rated their current balance as the most useful information ... More >>
Decision in FMA and the administrators of CBL case
Tuesday, 14 August 2018, 4:52 pm | Financial Markets Authority
Decision in the case stated procedure between FMA and the administrators of CBL Corporation Limited More >>
FMA sets out its work plan for the year ahead
Thursday, 9 August 2018, 12:03 pm | Financial Markets Authority
FMA sets out its work plan for the year ahead The FMA has released its annual corporate plan as the conduct and culture of New Zealand’s financial services industry comes under greater scrutiny. More >>
Customers not focus of replacement business at insurers
Wednesday, 18 July 2018, 1:43 pm | Financial Markets Authority
The Financial Markets Authority (FMA) is considering regulatory action against three large financial institutions or qualifying financial entities (QFEs) following a review of insurance replacement business practices. More >>
CBL investigation update
Friday, 13 July 2018, 12:57 pm | Financial Markets Authority
The FMA investigation into the conduct of CBL Corporation Limited (“CBL”) and its directors is ongoing. Due to investor interest in these matters an update on the investigation is appropriate at this time. More >>
Confidence in financial markets remains stable
Thursday, 12 July 2018, 12:11 pm | Financial Markets Authority
Investors show mixed levels of understanding while confidence in financial markets remains stable Confidence in New Zealand’s financial markets has remained stable since 2017, despite uncertainty around a potential trade war, volatile global markets ... More >>
FMA statement on Blackfort/Arena sentencing
Tuesday, 3 July 2018, 2:25 pm | Financial Markets Authority
FMA statement on Blackfort/Arena sentencing The Financial Markets Authority acknowledges the sentencing today in the Serious Fraud Office’s criminal prosecution of Mr Jimmy McNicholl and Mr Lance Ryan, also known as Lance Jared Thompson. These individuals ... More >>
Annual review of NZX published
Thursday, 28 June 2018, 8:50 am | Financial Markets Authority
The Financial Markets Authority (FMA) has published its annual review of NZX’s regulatory obligations as a licensed market operator during the 2017 calendar year. More >>
Financial Services Conduct and Culture Review
Wednesday, 30 May 2018, 1:59 pm | Financial Markets Authority
The Reserve Bank of New Zealand (RBNZ) and the Financial Markets Authority (FMA) today briefed the Finance and Expenditure Select committee on the Australian Royal Commission (RC) into Misconduct in Banking, Superannuation and Financial Services ... More >>
Latest information in the FMA KiwiSaver tracker
Monday, 28 May 2018, 1:43 pm | Financial Markets Authority
The FMA’s KiwiSaver Tracker has now been updated with the data for the period from the beginning of January 2018 to the end of March 2018. You can take a look a look at it here . More >>
Market cleanliness summer scholarship study published
Thursday, 24 May 2018, 2:07 pm | Financial Markets Authority
The Financial Markets Authority (FMA) and NZX Regulation (NZXR) today published a study carried out by Victoria University student Anna Hensen, ‘ New Zealand Equity Market Cleanliness for the years 2010-2016 ’. More >>
Letter to life insurers by the FMA and Reserve Bank
Thursday, 24 May 2018, 1:31 pm | Financial Markets Authority
Letter sent to life insurers by the FMA and Reserve Bank of New Zealand The FMA and the RBNZ have sent the letter below to the chief executives of New Zealand’s licensed life insurers More >>
FMA campaign to connect young women with KiwiSaver
Friday, 18 May 2018, 11:01 am | Financial Markets Authority
The Financial Markets Authority (FMA) is calling on KiwiSaver members to check their annual statements this year to find out whether they are getting value for money. For the first time all KiwiSaver members will be able to see fees in dollar amounts ... More >>
CBL Update
Thursday, 17 May 2018, 3:14 pm | Financial Markets Authority
The FMA intends to file a case stated procedure to seek the court’s determination on whether continuous disclosure obligations for listed issuers continue to apply when the issuer is in voluntary administration. More >>
Insurers spend $34 million on soft commissions
Wednesday, 16 May 2018, 3:05 pm | Financial Markets Authority
A Financial Markets Authority report published today details how nine life and health insurance companies spent $34 million on non-financial incentives like trips, business support and conferences for financial advisers over a two-year period. More >>
FMA releases fourth AFA information report
Tuesday, 15 May 2018, 4:00 pm | Financial Markets Authority
The Financial Markets Authority today published its fourth statistical report on Authorised Financial Advisers (AFAs) in New Zealand. The FMA requires AFAs to submit an annual information return each year. More >>
Second company and director charged over FSPR abuse
Tuesday, 15 May 2018, 11:04 am | Financial Markets Authority
The Financial Markets Authority (FMA) has filed criminal charges against a second company and its New Zealand based director for breaching the Financial Service Providers (Registration and Dispute Resolution) Act (FSP Act) 2008. More >>
