FMA Media

Media feed for the Financial Markets Authority, NZ's financial markets conduct regulator. Main account: @FMA_NZ

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[FMA Media @FMAmedia]

Natalie Carter sentenced to 12 months home detention for forgery and financial markets legislation offences

https://t.co/WV0s6X0fym

[FMA Media @FMAmedia]

CBL Corporation and four independent directors ordered to pay penalties for conduct including reckless and careless breaches of the Financial Markets Conduct Act

https://t.co/qhoJ8IZdL3

[FMA Media @FMAmedia]

Former financial adviser pleads guilty to further dishonesty offences

https://t.co/CYN50oRTzx

[FMA Media @FMAmedia]

FMA acknowledges insider trading sentence

https://t.co/RBmcRVeYzX

[FMA Media @FMAmedia]

Yuen Pok (Paul) Loo pleads guilty to forgery and financial markets legislation offences

https://t.co/vc6tYPDO0i

[FMA Media @FMAmedia]

FMA acknowledges guilty verdict in Pushpay insider trading case

https://t.co/InGA6brCTo

[FMA Media @FMAmedia]

FMA issues warning to Enprise Group Limited for failing to keep proper accounting records.

https://t.co/fE7X463zRS

[FMA Media @FMAmedia]

FMA makes permanent stop order against Validus after appeal is dismissed in the High Court.

Media release: https://t.co/u39IDvDcJ5

[FMA Media @FMAmedia]

FMA to conduct yearly audit quality reviews of every licensed audit firm in refreshed Auditor and Regulation Oversight Plan 2023-2026.

https://t.co/QPkb47SxTT

[FMA Media @FMAmedia]

Tiger Brokers to pay $900,00 for breaching Anti-Money Laundering and Countering Financing of Terrorism laws.

https://t.co/vqxmg2jXdl

[FMA Media @FMAmedia]

FMA annual review has found the NZX has complied with its obligations as a market operator.

Full report: https://t.co/5LeAMa2nDR

[FMA Media @FMAmedia]

Cigna to pay $3.5m penalty for making misleading statements to customers. "This judgment sends a strong message to the industry that firms need to give due regard to customers’ interests, including when making pricing changes and communicating them," said FMA's Margot Gatland.

[FMA Media @FMAmedia]

We have filed a High Court market manipulation case against Kok Ding Cheng for trading of Rua shares.

https://t.co/5fTPecBjAD

[FMA Media @FMAmedia]

In the latest FMA podcast, Director of Capital Markets Paul Gregory discusses why the FMA conducted the review into the wholesale property investment sector and what the major findings were.

https://t.co/Y8aI9JawXU

[FMA Media @FMAmedia]

For the first time, we have published a thematic report and issued formal warnings simultaneously. This demonstrates the seriousness of the issues we have found in our review of the wholesale property investment sector.

Full release: https://t.co/CrcJsbcyRr

[FMA Media @FMAmedia]

Our latest KiwiSaver annual report shows the scheme’s resilience amid turbulent global markets. Member balances have remained buoyant, with 10% net growth of funds under management to $89.7b, for the year to March 2022.

Release: https://t.co/rhhyDEsYdR

[FMA Media @FMAmedia]

AIA ordered to pay $700,000 penalty for misleading customers. FMA’s Margot Gatland: “This outcome reiterates that financial institutions will be held to account if they fail to sufficiently invest in systems, controls and processes that ensure all customers are treated fairly.”

[FMA Media @FMAmedia]

Our Manager of Investor Capability, Tammy Peyper, spoke to @TheProject_NZ about the rise of ‘finfluencers’ and how investors need be cautious when seeing financial tips online.

[Financial Markets Authority NZ @FMA_NZ]

In one of the latest operations targeting New Zealanders, scammers are impersonating NZ Super Fund. Investor Capability Manager Tammy Peyper says to be vigilant of unsolicited offers from trusted brands. “It’s really a specifically devious form of scam”

https://t.co/v3RMrGk93w

[FMA Media @FMAmedia]

We have directed Kalkine NZ to stop making outgoing sales calls to New Zealanders following concerns about misleading marketing conduct.

Release: https://t.co/mPplvsZlyU