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Showing 1 - 10 of 13 results for "Financial Markets Authority"

Kiwi markets regulator names new chief

KARREN VERGARA  |  TUESDAY, 14 SEP 2021
New Zealand's Financial Markets Authority will welcome a new chief executive in 2022. Samantha Barrass will assume the role that current chief executive Rob Everett will vacate at the end of October. Barrass is the former chief executive of the Gibraltar ...

New AIA advice unit names chief executive

KARREN VERGARA  |  FRIDAY, 30 JUL 2021
... Auckland High Court after the insurer admitted it misled and made false representations to customers. The Financial Markets Authority instigated the proceedings after it alleged that AIA enhanced policy benefits, charged premiums after a policy was terminated ...

Risk advice most sought-after among Kiwis

KARREN VERGARA  |  THURSDAY, 15 APR 2021
... insurance products, according to the country's financial markets regulator. New statistics released by the Financial Markets Authority (FMA) reveals that risk products are the most popular topic among advisers, followed by advice provided on KiwiSaver ...

NZ overhauls regulation of advice

JAMIE WILLIAMSON  |  FRIDAY, 19 MAR 2021
... licensing system, with more than 1700 transitional licences approved and nearly 1000 authorised bodies," Financial Markets Authority director of market engagement John Botica said. "Anyone who is not operating under a transitional Financial Advice Provider ...

NZ looks to recognise qualified Aussie advisers

KARREN VERGARA  |  WEDNESDAY, 28 OCT 2020
... country's qualifications as early as 15 March 2021. New Zealand's financial services watchdog the Financial Markets Authority (FMA) is proposing to recognise Australian advisers who demonstrate competence, knowledge and skills according to its Code of ...

New Zealand reviews life insurance commissions

JAMIE WILLIAMSON  |  TUESDAY, 4 DEC 2018
... ultimately end up funding high commissions through high premiums," the report reads. The country's Financial Markets Authority and the RBNZ are currently undertaking a review of the conduct and culture of New Zealand's life insurers with a final report ...

ASIC hires former super executives

KARREN VERGARA  |  MONDAY, 3 SEP 2018
... officer at UniSuper, a role he held for three years. He's was also the former chief executive of the Financial Markets Authority in New Zealand, and held leadership positions at NAB, ANZ and law firm Herbert Geer & Rundle (now Thompson Geer). Hughes ...

Chartered accountants' response 'clumsy'

AAP  |  WEDNESDAY, 15 JUL 2015
... professionals. NZICA effectively held a statutory monopoly in New Zealand until 2012 when the newly established Financial Markets Authority accredited CPA Australia for auditing work under incoming legislation, which put it on a more equal footing with ...

NZ Super suspends Milford AM mandate

LAURA MILLAN  |  MONDAY, 13 APR 2015
... Guardians of New Zealand Superannuation have suspended a mandate with Milford Asset Management until a Financial Markets Authority (FMA) investigation into the fund manager is completed. Until then, NZ Super will manage the NZ$281 million ($276 million) ...

MySuper fees approaching KiwiSaver best practice

STAFF WRITER  |  TUESDAY, 21 OCT 2014
... (FSI) by the New Zealand Council of Financial Regulators (a NZ official group that includes the NZ Financial Markets Authority; NZ Treasury; the Reserve Bank of NZ; and the Ministry of Business, Innovation and Employment) it was revealed that the weighted ...
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