Good industry standards can complement principle-based laws and drive robust operational practices among market intermediaries, the FMA said.
December 1, 2023Easy Crypto and Labrys said the NZDD will be backed 1:1 with cash in trust and regulated by the FMA.
November 23, 2023The FMA is consulting on seven "fair outcomes" it wants financial service providers to deliver for consumers and markets.
November 16, 2023The FMA's updated climate-related scenario analysis guidance includes additional details on quantification, further clarification and context.
October 31, 2023The court said the relevant conduct involved "negligence, and no intention to deprive customers of their entitlements."
October 12, 2023The FMA has proposed a review of the regulatory settings for custodians in New Zealand, including a possible licensing regime.
October 10, 2023The guidance sets out principles for firms to ensure their records evidence that climate statements comply with the CRD requirements.
October 4, 2023The proposed guidance makes clear that effective liquidity risk management is a legal obligation of MIS managers and supervisors.
October 2, 2023The New Zealand FMA and UK’s FRC have agreed on mutual recognition of the professional qualifications of auditors.
September 29, 2023Financial service providers should be "proactive" about identifying and helping customers who are experiencing, or likely to experience, financial difficulty.
September 22, 2023