Financial Markets Authority
Scams falling through the regulatory cracks
Scams are seemingly on the rise - and they're becoming increasingly elaborate. But who takes action against the scammers? Audio
Scams falling through the regulatory cracks
Scams are seemingly on the rise - and they're becoming increasingly elaborate. But who takes action against the scammers?
AudioWalking the talk on ethical investment and avoiding financial greenwashing
Too many investors wanting to invest ethically or sustainably are being forced to take a leap of faith due to woolly or misleading claims by fund management companies. The Financial Markets Authority… Audio
Financial service providers warned of FMA's hard line approach
The Financial Markets Authority is warning financial service providers not to expect leniency when they dob themselves in after breaking the law.
Proliferation in online financial and cryptocurrency scams
The Financial Markets Authority says it has issued 30 per cent more warnings in relation to scams so far this year, compared to last year. The FMA already issued 19 alerts this year, in an effort to… Audio
KiwiSaver annual statements to include projections
KiwiSaver annual statements will be arriving in the mail for members - but they'll contain a little more information this year. Audio
Regulator against splitting up big four financial firms
Auditors and the companies they serve need to put more distance between them to help lift investor confidence according the Financial Markets Authority. Audio
FMA to get tougher as its patience wears thin
The Financial Markets Authority's says its patience with businesses in the sector resisting change is wearing thin. Audio
Solving the World's Problems
Rob Everett CEO of the Financial Markets Authority talks about some of the issues facing our financial markets, investor confidence and opens up about the banking industry. Audio
'Failures do happen' - FMA response to falling recognition
The Financial Markets Authority says public expectations of what it and the Reserve Bank can do to keep the financial system safe are probably too high. Audio
Markets review expected to spark partial-privatisation debate
The government and local bodies are being urged to sell down some of their commercial businesses to help lift the local stock exchange. Audio
Kiwibank to review incentives for staff to sell products
Bank sales staff across the nine biggest retail banks in New Zealand earned $71 million in variable pay linked to performance measures - such as selling loans and products to customers - in the year… Video, Audio
Govt keeping close eye on banking industry
While a review into New Zealand's banks didn't find the widespread misconduct revealed in Australia, it did find they needed to clean up sales and pay structures, train staff better, tighten up… Audio
Government warns banks to lift their game
An inquiry into New Zealand's banks has found they have been slow to take bad behaviour seriously and need to improve the way they monitor it, but cleared them of any serious misconduct. Audio
FMA needs more resources - Shareholders Assn
The Financial Markets Authority needs more resources to better protect investors and regulate markets according to the Shareholders Association. Audio
FMA has insurance companies in its sights
Thousands of consumers may be millions of dollars out of pocket because insurance companies have improperly put their commercial interests ahead of clients.
FMA takes issue with NZX's ability to monitor markets' conduct
The Financial Markets Authority has given the stock exchange operator -- the NZX -- a black mark in its annual review for its standard of supervision. Audio
MPs told there's no evidence banks are ripping off customers
The Financial Markets Authority and Reserve Bank have appeared before the Finance and Expenditure select committee to update members on their investigation into the conduct of retail banks. Audio
Clients told to question financial advisors on bonuses
Consumers are being advised to look out for their own interests when they sign up for insurance after reports that bonuses might be tempting financial advisors to sign up new policies. Audio
Insurers respond to report that incentives bad for clients
The Financial Markets Authority says insurance companies are offering their agents incentives that could leave clients worse off. In a report it says nine life and health insurance companies spent $34… Audio
