Article tagged with 'Financial Markets Conduct Act'
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FMA ponders advice exemptions
15 Aug 2019 - If you want to rely on alternative qualifications under the new regime, they'll probably need to be assessed by an NZQA-approved qualification developer.
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DIMS gets another shake-up
03 Dec 2018 - More change is coming for financial advisers who operate personalised DIMS for their clients.
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FMA referred fraudster “broker” to IRD
24 Aug 2018 - Complaints about the conduct of “mortgage broker” David Simon Barton to the Financial Markets Authority led to his referral to the IRD and conviction for tax fraud, it has emerged.
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DIMS advisers face uncertainty... again
29 Nov 2017 - He's only been approved to offer personalised DIMS for just over two years, now adviser Alistair Bean faces more uncertainty.
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A survival guide for financial adviser licensing
21 Nov 2017 - All financial advisory businesses will begin a mandatory licensing process, but do not fear, the FMA comes in peace, John Berry says. In the first of two-part commentary he shares his views on what to expect and how to prepare for change.
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Roboadvice green light 'better late than never'
17 Nov 2017 - Work is progressing on the exemption that will allow personalised roboadvice, or digital advice, in New Zealand. But one law firm says it's a case of "better late than never".
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FSLAB could be slower
24 Oct 2017 - Progress of the Financial Services Legislation Amendment Bill may be slower under the new Labour-led government than it might have been under National.
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14pc of inquiries about advisers, FMA says
28 Sep 2017 - The number of financial adviser inquiries made to the Financial Markets Authority is steady year-on-year, the regulator's latest annual report shows.
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Documents shorter but still dense
22 Aug 2017 - New product disclosure statements that were meant to be easier to understand still contain a large number of specialist financial terms, researchers say.
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Managers issue risk warning
21 Aug 2017 - Fund managers are warning that the risk indicators they use in information for investors may make their funds seem less volatile than they really are.