All posts tagged "FMA"
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492Australia & NZNew Zealand to Introduce Licensing Regime for Financial Advisers
The new regime will require all New Zealand financial advisers to be licensed by the FMA, effective from June 2020.
June 24, 2019 -
582AML / KYC
New Zealand FMA Issues AML/CFT Warnings to 10 Reporting Entities
The warnings relate to failures by the firms to comply with requirements to have their risk assessments and AML/CFT programmes audited every two years.
May 14, 2019 -
492Australia & NZ
FMA, NZX Seek Public Views on Capital Markets Development Plan
New Zealand's Financial Markets Authority and the NZX are seeking public input on a 10 year plan to develop the nation’s capital markets.
May 10, 2019 -
851Australia & NZNew Zealand Proposes Ways to Improve Banking Conduct, Culture
The proposed measures will put the consumer at the heart of decision-making and make good outcomes the bottom line, says Commerce and Consumer Affairs Minister Kris Faafoi.
May 1, 2019 -
880Australia & NZUS SEC Recognises NZX as Designated Offshore Market
NZX participants will no longer be required to maintain a reasonable belief that clients are non-US domiciled persons in order to trade on their behalf.
April 12, 2019 -
498Australia & NZNew Zealand Financial Services Bill Puts Client Interests First
New Zealand has passed new legislation enabling a new framework for regulating financial advice. The new regime will come into effect in the first half of 2020.
April 10, 2019 -
700AML / KYC
FMA Monitoring Report Reveals Multiple AML/CFT Deficiencies
New Zealand’s Financial Markets Authority has released a report highlighting failures in reporting entities' AML/CFT programmes, risk assessments and customer due diligence.
April 2, 2019 -
1.1KAsia-PacificAsia Region Funds Passport Goes Live
Japan, Thailand, Australia ready to receive applications from prospective ARFP funds; New Zealand, S. Korea making progress on legal and regulatory requirements.
February 4, 2019 -
657Australia & NZ
New Zealand FMA, NZX To Undertake Capital Markets Review
An industry working group established by the NZX and FMA and supported by EY will provide recommendations to increase the depth and attractiveness of New Zealand’s capital markets.
January 25, 2019 -
544Australia & NZFinancial System Risks Eased, but Higher Capital Necessary – RBNZ
Though domestic financial stability risks have abated, the RBNZ said higher bank capital requirements are necessary, while also easing mortgage lending curbs.
November 30, 2018
