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Media releases

Keep up to date with announcements, statements and media releases. Subscribe to our alerts and updates here.

For media enquiries, please contact:

Andrew Park
Media Relations Manager
Phone: 09 967 1215
Mobile: 021 220 6770
Email: Andrew.Park@fma.govt.nz
Campbell Gibson
Senior Adviser, Media Relations
Phone: 09 967 1232
Mobile: 021 945 323
Email: Campbell.Gibson@fma.govt.nz

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Found 27 results. Displaying page 1 of 2

    22 December 2021

    Medical Kiwi admits to making false and misleading statements

    Medicinal cannabis company Medical Kiwi Limited has admitted to breaching the fair dealing provisions of the Financial Markets Conduct Act (FMCA). In August 2020, Medical Kiwi launched an offer for shares on equity crowdfunding platform PledgeMe Ltd. The accompanying information memorandum and campaign page contained false and misleading statements in relation to Medical Kiwi’s medicinal cannabis licenses and its contractual arrangements.

    http://fma.cwp.govt.nz/news-and-resources/media-releases/medical-kiwi-admits-false-misleading-statements/

    7 December 2021

    AML/CFT risk ratings confirmed for sectors under FMA supervision

    The AML sector risk assessment 2021 report by the Financial Markets Authority (FMA) - Te Mana Tātai Hokohoko - has found that derivatives issuers (DI’s) and cryptocurrency service providers are in the high risk category for meeting anti-money laundering and counter-terrorism financing obligations.

    http://fma.cwp.govt.nz/news-and-resources/media-releases/amlcft-risk-ratings-confirmed-for-sectors-under-fma-supervision/

    13 October 2021

    FMA issues guidance on advertising of financial products

    MEDIA RELEASE: The Financial Markets Authority (FMA) - Te Mana Tātai Hokohoko has issued new guidance on how firms should be advertising financial products. The final guidance, published today, reflects feedback from consultation and sets out three key principles for organisations to consider when advertising financial products or services.

    http://fma.cwp.govt.nz/news-and-resources/media-releases/fma-issues-guidance-on-advertising-of-financial-products/