Wednesday, January 16, 2019

Tag: FMA

Over 700 Attendees for FSC Summit

The Financial Services Council has confirmed over 700 financial advisers and industry specialists have signed up to the 2019 Navigating Regulation Advice Summit so...

Consumers Seek More Explanation on Fees and Products

Consumers want more explanation around fees and suitability of products from their financial advice providers, according to a recent survey by the Financial Markets...

MBIE Releases Discussion Paper on Licensing Fees and Levies 

The Minister of Commerce and Consumer Affairs, Kris Faafoi, has released a discussion paper seeking feedback on proposed financial advice provider licensing fees and...

FSC Launches 2019 Navigating Regulation Advice Summit

The Financial Services Council, together with the Financial Markets Authority and MBIE, has launched the 2019 Navigating Regulation Advice Summits, which will be held...

FMA Issues Public Warning About Palmerston North Adviser

Palmerston North registered financial adviser, Brian (John) Ferguson, has been identified by the Financial Markets Authority (FMA) as having engaged in serious misconduct. The FMA issued...

FMA Life Insurer Report Due January 

The Financial Markets Authority has advised that its report on the culture and conduct review of life insurers will now be released at the...

FMA Calls For More Power Over Bank Conduct 

The Financial Markets Authority has called on the Government to address certain ‘gaps’ in the framework for regulation of banks. In the recently released report...

Regulators Call For Banks to Remove All Sales Incentives 

The Financial Markets Authority and Reserve Bank of New Zealand have told eleven New Zealand banks to remove all incentives linked to sales measures,...

Customer-Centric Conduct Must be ‘Permanently Embedded’ – FMA  

The Financial Markets Authority (FMA) Chief Executive, Rob Everett, says the regulator is determined to “play its part” to make sure customer-centric conduct is...

FMA Report on Insurer Conduct and Culture Review Due December 

The Financial Markets Authority has stated in its October update that it will report on its Insurer Conduct and Culture Review in December. It also...