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Fma
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Interviews
Bullets and Bribes: A Look into the World of the Forex Peace Army
2016-01-25T11:28:17.000+02:00
Romas Jurevicius explains Forex Peace Army's evaluation process and the genesis of the group's business model.
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Brokers
NZ Firm, Direct FX Contemplating Derivatives Cessation After Regulatory Lapse
2016-01-14T13:39:19.000+02:00
The potential decision stems from a March 31, 2015 filing statement, in which Direct FX did not meet a regulatory condition of its license.
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Executive Moves
FMA Appoints Paul Gregory as Its Director of External Communications
2015-11-05T12:40:01.000+02:00
He joins the FMA from the NZ Super Fund, having worked there since 2009 in similar roles.
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Regulation
KordaMentha Takes Arena’s Debtors to Court
2015-11-04T14:07:39.000+02:00
Liquidator aims to recover as much money as possible from FX broker debtor clients, owner and third parties
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Executive Moves
FMA Bolsters Executive Leadership Team with New Tranche of Appointments
2015-10-16T14:50:15.000+02:00
The new members will include Nick Kynoch, Sarah Coleman, Garth Stanish and Simone Robbers.
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Regulation
FMA Releases 2015 Annual Report under Flagship Regulatory Regime
2015-10-02T13:25:26.000+02:00
The report is the first iteration published under the Financial Markets Conduct Act, highlighting yearly activity until June 30, 2015.
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Regulation
New Zealand Regulatory Backlash against Forex Brokers Hits a Roadblock
2015-09-29T22:21:14.000+02:00
After a precedent, a number of companies are expected to file appeals against their delisting from the Financial Service Providers Register
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Blogs
Should You Join the New Zealand Financial Register?
2015-08-31T18:33:11.000+02:00
If you are thinking about applying for registration on the FSPR, consider your business model and the type of services provided.
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Regulation
FMA Drawing on New Powers to Go after Firms Out of Court
2015-08-28T09:02:13.000+02:00
A report published by the New Zealand financial watchdog highlights its approach to enforcement and investigations activities.
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Regulation
Exclusive Interview: New Zealand Watchdog Bucking Global Trends
2015-07-17T20:38:18.000+02:00
As the FMA expands both in size and scope, CEO Rob Everett explains how a robust regulator can stir up the local financial market.
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Regulation
Q&A with FMA’s CEO, Rob Everett: Questions Welcome
2015-06-30T16:24:52.000+02:00
Finance Magnates opens the floor for questions from its readership ahead of an interview with the FMA's CEO, Rob Everett later this evening.
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Exchanges
New Zealand’s FMA Portends Capital Raising Growth Trajectory with NXT
2015-06-16T12:16:25.000+02:00
The NXT market provides a parallel alternative market platform for smaller and mid-sized New Zealand companies trying to raise capital.
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Executive Moves
New Zealand’s FMA Bolsters Executive Team with Four Hires
2015-06-11T12:57:22.000+02:00
Liam Mason, Garth Stanish, John Botica and Diana Christensen find themselves in new executive roles at the FMA.
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Regulation
New Zealand Regulatory Crackdown Continues with BlackfortFX
2015-05-21T10:51:16.000+02:00
The company which has purportedly been providing margin foreign exchange trading to its clients has come under the radar of the FMA
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Victor Golovtchenko
Regulation
New Zealand’s FMA Removes Several Offshore Firms from FSPR Register
2015-05-19T11:18:40.000+02:00
The Financial Markets Authority in New Zealand has clamped down on offshore firms following a number of complaints received.
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Brokers
Forex Trend Website Rises From the Dead as Withdrawal Issues Remain
2015-05-15T18:52:43.000+02:00
The self-regulatory agency UCRFIN has stated that current Ukranian legislation does not prevent operation of financial pyramid schemes
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Regulation
FMA Consummates MOUs with New Zealand’s Dispute Resolution Schemes
2015-04-16T11:44:20.000+02:00
The Financial Markets Authority (FMA) in New Zealand has signed a number of recent memorandums of understanding (MOU) with several entities.
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Interviews
Compliance Specialist Paphitis Weighs in on New Zealand FX Regulation
2015-01-15T02:08:15.000+02:00
Angelos Paphitis, Cypriot and New Zealand compliance specialist discusses the regulatory environment facing brokers in NZ.
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Regulation
European Financial Watchdogs Warn against Three More Unlicensed Brokers
2015-01-06T17:49:17.000+02:00
The brokers involved this time are not accused of being a scam or running a fraud but the regulators treat them as such because they are not recognized by them or by any other official body that the regulators have a passporting agreement with.
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Analysis
Breaking: Offshore New Zealand Brokers Exempted from NZ$ 1M Capital Requirement
2014-12-02T19:04:25.000+02:00
According to the New Zealand Financial Markets Authority, if brokers are not offering their services to New Zealand residents, there is no need to get licensed by the regulator, but only register on the FSPR.
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Analysis
Breaking: New Zealand FMA’s Phase Two Slated to Take Effect, Major Shift Coming?
2014-11-28T09:58:24.000+02:00
Phase two of New Zealand’s Financial Markets Authority (FMA) is poised to take effect December 1, ushering in a new era of capital markets and financial services laws that will revamp investor disclosure.
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Executive Moves
NZ’s Financial Markets Authority Appoints Murray Jack as Chair
2014-11-27T02:01:57.000+02:00
New Zealand regulator, the Financial Markets Authority (FMA) has appointed Murray Jack as its newest Chair following a numerous board member roles in other domestic operations.
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Regulation
FMA Pushing Forward with Plans to Raise Regulatory Standards and Shed Soft-Touch Reputation
2014-11-04T12:46:40.000+02:00
As the FMA prepares to initiate Phase Two of its sweeping financial markets reform later this year, the touchy subject of regulatory arbitrage comes into focus once more.
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George Tchetvertakov
Analysis
FMA Urges Jackpot-Seeking Retail Investors to Avoid 'Big Win' Scams
2014-10-23T11:15:00.000+02:00
The FMA implores investors to restrain their profit expectations and avoid falling for financial scams. But is it realistic to expect unprepared and unaware novice investors to avoid becoming fixated with profits?
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ADVERTISEMENT
Analysis
Kiwi Investors Tend to Underestimate Risk But Are Broadly Risk Averse
2014-10-14T08:58:54.000+02:00
A recent FMA survey suggest Kiwi investors are well versed when it comes to simple investments, but when it comes to complex financial instruments, knowledge and understanding are often lacking.
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