Financial Markets Authority news stories

Cryptocurrency
The wild west of cryptocurrency fraud & How Kiwis are getting stung
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.

Cloud
Cryptocurrency conundrum: Reserve Bank & IR fumble in the dark
Whether it's cryptocurrency salaries or a central digital currency, no agency is quite sure how to tackle this upcoming payment trend.

Fintech
Trans-Tasman fintech bond tightened with refreshed focus on innovation
The FMA announced its decision to allow personalised robo-advice services in New Zealand.

CFO
'Unresponsive' Pyne Gould censured again by NZX Tribunal
Pyne Gould Corp, whose 2014 accounts are being looked into by the Financial Markets Authority, has been censured by the NZ Markets Disciplinary Tribun

CFO
FMA lifts head count to 170 staff as it probes new areas
The Financial Markets Authority has "staffed up" to the tune of 170 people and will invest heavily in technology in coming years

CFO
FMA warns Wellington brokerage over late money laundering, counter terrorism audit
The Financial Markets Authority, the capital markets regulator, has issued a formal warning to MSL Capital Markets after the Wellington brokerage's la

CFO
FMA warns against misleading UK pension scheme transfers advertising
The Financial Markets Authority is warning against misleading advertising about transferring UK pension scheme entitlements to New Zealand to avoid

CFO
FMA leaves civil claim against SCF to Crown Asset Management
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