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Media releases

Keep up to date with announcements, statements and media releases on the latest news.

For media enquiries please contact:

Andrew Park
Media Relations Manager
Phone: 09 967 1215
Mobile: 021 220 6770
Email: andrew.park@fma.govt.nz

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Found 357 results. Displaying page 1 of 18

    12 December 2017

    Investor Alert: Final call for eligible investors in the Hanover settlement to make a claim before 16 February 2018

    We urge eligible investors in the Hanover settlement who have not yet made a claim for their money, to do so before Friday 16 February 2018.Deloitte is managing the distribution of investors’ funds. To date, 85 % of eligible investors have responded to correspondence and received their money.There are around 600 eligible investors who have either returned incomplete information to Deloitte or are yet to make a claim.We strongly encourage these eligible...

    12 December 2017

    Accredited Body Reports published

    Media advisory MR No. 2017 – 56 12 December 2017The Financial Markets Authority (FMA) has today published the accredited body reports for the New Zealand Institute of Chartered Accountants (NZICA) and CPA Australia.The reports contain the findings of our monitoring assessments for the period 1 July 2016 to 30 June 2017. The Auditor Regulation Act 2011 requires us to monitor and ensure the audit regulatory systems and processes used by accredited bodies...

    29 November 2017

    Key Audit Matters – A ‘stock take’ of the New Zealand experience

    Media release MR No. 2017 – 5429 November 2017Auditors have been required to extend the auditor’s report effective from December 2016.The External Reporting Board (XRB) and Financial Markets Authority (FMA) have published the results of their joint analysis of Key audit matters – A stock-take of the first year in New Zealand.As well as reviewing the auditor’s reports of 168 entities, the survey engaged directly with investors, preparers, direct...

    27 November 2017

    FMA publishes first peer-to-peer/crowdfunding statistical returns

    Media release MR No. 2017 – 5324 November 2017The Financial Markets Authority (FMA) today published its first statistical report on peer-to-peer lending and crowdfunding in New Zealand.The data shows $259.9 million is currently loaned to individuals and $29.5 million loaned to businesses through peer-to-peer lending in the year ending 30 June 2017.A total of $74.2 million was raised from investors through crowdfunding, including wholesale investors, i...

    24 November 2017

    FMA issues formal AML/CFT warning to Fullerton Markets

    Media release MR No. 2017 – 5224 November 2017The Financial Markets Authority (FMA) has issued a formal warning to Fullerton Markets Limited (Fullerton) under Section 80 of the Anti-Money Laundering and Countering Financing of Terrorism Act (AML/CFT Act).An inspection of Fullerton’s AML/CFT compliance by FMA staff showed that the company did not have in place adequate risk assessment or AML/CFT compliance programmes. These are essential components of...

    2 October 2017

    FMA welcomes World Investor Week and urges investors to use a licensed provider

    Media release MR No. 2017 - 412 October 2017The FMA is urging investors to become familiar with some home truths about the risks of investing with off-shore, un-licensed providers as part of the first ever World Investor Week (2-8 October).The FMA is participating in the initiative, run by the International Organization of Securities Commissions (IOSCO) to promote investor education and protection across six continents. The FMA is a member of IOSCO.As pa...

    27 September 2017

    FMA publishes annual report 2017

    The Financial Markets Authority (FMA) published its annual report today for the financial year ending June 30 2017. This highlights two key developments for the FMA; a Government review confirming increased funding and the IMF’s Financial System Stability Assessment.

    22 September 2017

    FMA toughens approach to misuse of FSPR

    The Financial Markets Authority’s report on the Financial Service Providers Register (FSPR) sets out its work to prevent the misuse of the FSPR between 2014 and 2017.