Financial Markets Authority
Federal · New Zealand · 201-500 Employees
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Overview
Headquarters
1 Grey St, Wellington, Wellington, New Z...Phone Number
+64 800434567Website
www.fma.govt.nzRevenue
$46.5 MillionIndustry
About Financial Markets Authority
Financial Markets Authority Org Chart
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Financial Markets Authority News & Media
CBL insurance CFO Carden Mulholland accessory to breaking of disclosure rules, High Court finds
Former chief financial officer of failed CBL Insurance Group Carden Mulholland was ruled an accessory to the breaking of information disclosure rules.Westpac admits to overcharging more than 24,000 customers in New Zealand
The Financial Markets Authority (FMA) said it brought civil proceedings against Westpac New Zealand in the High Court in Auckland, where it admitted that 24,621 customers failed to receive advertised benefits under certain packages, resulting in the bank overcharging NZ$6.35 million ($3.59 million). "Westpac's issues stemmed from deficiencies in its systems that meant the bank failed to deliver to them (customers) contractually agreed discounts," Margot Gatland, FMA's head of enforcement, said iNew Zeland regulator publishes research on AI use in the financial services sector
The Financial Markets Authority (FMA) – Te Mana Tātai Hokohoko – has today published research on the use of Artificial Intelligence (AI) in New Zealand’s financial services sector.New Zealand Financial Markets Authority Cancels Crowdfunding Services Licence For Equitise
The Financial Markets Authority (FMA) – Te Mana Tātai Hokohoko – has cancelled the crowdfunding services licence of Equitise Pty Ltd (Equitise). The cancellation took effect on 3 April 2024.
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Frequently Asked Questions Regarding Financial Markets Authority
Financial Markets Authority is a government agency responsible for enforcing securities, financial reporting and company law also regulate securities exchanges, financial advisers and brokers, auditors, trustees, and issuers - including issuers of KiwiSaver and superannuation schemes. Financial Markets Authority... Read More
