FutureFive New Zealand - Consumer technology news & reviews from the future

Financial Markets Authority stories

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The wild west of cryptocurrency fraud & How Kiwis are getting stung
Fri, 11th Feb 2022
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cryptocurrency
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blockchain
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email security
Cryptopia went from launch to managing funds for 1.4 million investors to a significant data breach and its inevitable death - all in just five years.
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Cryptocurrency conundrum: Reserve Bank & IR fumble in the dark
Mon, 26th Aug 2019
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cryptocurrency
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blockchain
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rbnz
Whether it's cryptocurrency salaries or a central digital currency, no agency is quite sure how to tackle this upcoming payment trend.
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Trans-Tasman fintech bond tightened with refreshed focus on innovation
Fri, 20th Oct 2017
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fintech
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financial markets authority
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fintech australia
Aus-NZ fintech collaboration boosts as ASIC and FMA fuel innovation drive.
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Capital + Merchant trustee stoush back in court
Mon, 13th Apr 2015
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nz
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financial markets authority
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serious fraud office
Lawyers acting for Perpetual Trust and law firm Stace Hammond are seeking access to documents and communication covered by legal privilege in dispute.
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FMA found nothing untoward in SkyCity share trading before casino statement
Thu, 9th Apr 2015
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cios
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skycity
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nzx
The Financial Markets Authority says it found nothing of concern in trading of SkyCity Entertainment Group shares ahead of a government announcement t.
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'Unresponsive' Pyne Gould censured again by NZX Tribunal
Tue, 7th Apr 2015
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nzx
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financial markets authority
Pyne Gould Corp, whose 2014 accounts are being looked into by the Financial Markets Authority, has been censured by the NZ Markets Disciplinary Tribun.
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NZ Super Fund suspends Milford's mandate as FMA probe continues
Thu, 2nd Apr 2015
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cloud services
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new zealand superannuation fund
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nz
The Guardians of New Zealand Superannuation, tasked with managing the New Zealand Superannuation Fund, has suspended its investment mandate with Milfo.
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Update: Hotchin settles with Perpetual before appeal to draw into FMA case
Thu, 26th Mar 2015
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finance, leasing & rental
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court of appeal
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financial markets authority
Mark Hotchin, principal of failed finance company Hanover, has reached a confidential settlement with one of Hanover's trustees, Perpetual Trust, leav.
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Hotchin drops Perpetual in appeal case
Thu, 26th Mar 2015
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finance, leasing & rental
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court of appeal
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financial markets authority
Mark Hotchin, principal of failed finance company Hanover, has abandoned his appeal against Perpetual Trust to include them in the Financial Markets A.
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FMA lifts head count to 170 staff as it probes new areas
Thu, 19th Mar 2015
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edutech
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licensing
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financial markets authority
The New Zealand Financial Markets Authority has hired 170 staff and plans to invest in technology to fulfill its regulatory role.
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FMA warns Wellington brokerage over late money laundering, counter terrorism audit
Thu, 12th Mar 2015
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compliance
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financial markets authority
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dia
The Financial Markets Authority, the capital markets regulator, has issued a formal warning to MSL Capital Markets after the Wellington brokerage's la.
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Market regulators NZX and FMA defend disclosure by companies involved in 1080 threat
Wed, 11th Mar 2015
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nzx
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financial markets authority
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insider trading
Market regulators, the NZX and the Financial Markets Authority, say they're confident the approach they took to disclosure of the 1080 contamination t.
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Pyne Gould posts first-half loss, writes down Perpetual receivable by $2.9 mln
Sat, 28th Feb 2015
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shares
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pyne gould
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financial markets authority
Pyne Gould Corp, whose 2014 accounts are being looked into by the market regulator, reported a first-half loss as it was hit with foreign exchange adj.
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FMA looking into Pyne Gould's accounts after company says most of 2014 profit wasn't received
Mon, 2nd Feb 2015
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nzx
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pyne gould
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pwc
Pyne Gould Corp's 2014 accounts are being looked into by the Financial Markets Authority after the asset management firm controlled by managing dir.
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VMob hastens to squash rumours of insider trading
Mon, 2nd Feb 2015
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compliance
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financial markets authority
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vmob
VMob Group has released a statement acknowledging the market speculation regarding certain VMob directors and insider trading.
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Britannia takes down TV ads, working with FMA over UK pension ads
Fri, 19th Dec 2014
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compliance
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tax
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advertising
Britannia pauses TV ads and adjusts its website after FMA concerns over UK pension transfer campaigns causing undue pressure on consumers.
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FMA warns against misleading UK pension scheme transfers advertising
Thu, 18th Dec 2014
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nz
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financial markets authority
The Financial Markets Authority is warning against misleading advertising about transferring UK pension scheme entitlements to New Zealand to avoid.
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Crown Asset Management discontinues South Canterbury Finance claim
Thu, 18th Dec 2014
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government
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financial markets authority
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serious fraud office
Crown Asset Management, the government entity set up to wind down the remaining assets of finance companies that called on the retail deposit guara.
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FMA leaves civil claim against SCF to Crown Asset Management
Wed, 17th Dec 2014
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government
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financial markets authority
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serious fraud office
The Financial Markets Authority won't chase South Canterbury Finance in a civil claim, saying it can't justify the cost of doing so and leaving it.
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FMA to focus on 7 key market risks, including insurance mis-selling
Thu, 11th Dec 2014
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insurance
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transparency
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nzx
The Financial Markets Authority has seen an increasing number of complaints regarding insurance sales and is undertaking more work to assess the s.
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Vend boss Rowsell helps PledgeMe meet $100,000 crowd funding target
Wed, 19th Nov 2014
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pledgeme
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sales
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financial markets authority
PledgeMe, the equity crowd funder, has raised $100,000 via its own equity crowd funding platform with help from Vend boss Vaughan Rowsell.
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Armillary, Crowdcube granted crowd funding licence by FMA
Tue, 18th Nov 2014
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pledgeme
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renaissance
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nz
The Financial Markets Authority has licensed Armillary Capital's equity crowd funding platform, Crowdcube, adding competition to the new capital ra.
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CarbonScape locks down minimum $400,000 in crowdfunding
Mon, 17th Nov 2014
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renaissance
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snowball effect
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callaghan innovation
CarbonScape, the developers of a green alternative to coking coal used in steel making, has raised its minimum $400,000 target through online equit.
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'NXT' year for NZX's new growth market
Wed, 12th Nov 2014
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truscreen
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nzx
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nzax
NXT, NZX's new growth focused market, is unlikely to launch this year, as companies wait for new legislation to come into effect and the quiet Chri.