Latest FromFinancial Markets Authority
Knock-back for Ross ponzi investors
The Commerce Minister has rejected a request from David Ross' burned investors to look into the country's claw-back regime as the first court case looms.
No action on South Canterbury Finance
New Zealand’s market watchdog has confirmed it won’t take any action following its inquiry into South Canterbury Finance.
Investors must demand better governance
Institutional shareholders need to place more focus on demanding quality corporate governance from firms they have investments in, says FMA chief executive Rob Everett.
Banks face warning from FMA
The Financial Markets Authority has warned it may name and shame banks or even restrict their licences if alleged KiwiSaver mis-selling and switching practices are allowed to continue.
FMA chases estate of dead finance man
The market watchdog is targeting the estate of deceased director Terry Butler in its lawsuit against the former board of Dominion Finance.
FMA targets estate of deceased director
The FMA is targeting the estate of deceased director Terry Butler in its lawsuit against the former board of Dominion Finance.
FMA prefers Hanover deal to trial
The FMA says it would prefer to settle its civil action against six businessmen associated with Hanover Finance, and its chief executive says he is "still hopeful" a deal can be reached.
FMA lawsuit a sign of things to come
New Zealand's market watchdog has for the first time stood in the shoes of out-of-pocket investors and exercised its right to sue for them.
Most pass financial advice test
New Zealand's market watchdog has declined only one financial adviser application since the collapse of David Ross' Ponzi scheme two years ago.
Crowdcube granted crowd funding licence
The FMA has licensed Armillary Capital's equity crowd funding platform, Crowdcube.
Market watchdog targets bad KiwiSaver advice
The boss of the FMA says poor KiwiSaver advice and reckless selling of financial products will be key focus areas for the regulator.
Kiwis vague on risky money options
New Zealanders have a solid understanding of low risk investments such as term deposits, but are less knowledgeable about more risky options like shares, according to research commissioned by the....
High noon for the repo men
Debt collectors and repo men need to clean up their act says the Commerce Commission, which next year gets new powers to directly crack down on shoddy practices.
Auto-finance firm to repay overcharged customers
More than 800 customers of a consumer loans company will get back $3.3 million after they were overcharged for interest and fees.
SPI reporting dispute 'close to resolution'
Two property fund directors accused of filing company statements late are in discussions with the FMA and are "close to reaching a resolution" of the charges they face.
Henry case cost $530,000
New Zealand's financial regulator spent $400,000 more investigating and chasing Brian Henry for market manipulation than it got back from him in penalties.
$4m wrung out for Bridgecorp investors
The receivers of failed lender Bridgecorp have eked out another $4m after cutting a deal over a loan on which it held an insurance policy.
'Concerning' KiwiSaver bank tactics probed
The FMA is seeking to reveal the extent of "concerning" KiwiSaver sales and switching practices it claims are being used by banks.
Stock Takes: Age concern for the NZX
The 300-strong, record turnout at last weekend's Shareholders Association annual conference helped illustrate a major challenge facing the local sharemarket.
FMA calls for NZ market caution
FMA fears recklessness, tells investors: Don’t stop the party but turn down the music.