World Investor Week held, FMA highlights danger of unlicensed binary options trading LeapRate

October 02, 2017 BY LeapRate Staff

World Investor Week held, FMA highlights danger of unlicensed binary options trading

Led by The International Organization of Securities Commissions (IOSCO), World Investor Week is a week-long, global campaign to raise awareness about the importance of investor education and protection and highlight the various initiatives of securities regulators in these two critical areas. From 2-8 October 2017, IOSCO securities regulators and other IOSCO members on six continents will provide…

August 01, 2017 BY Valentina Kirilova

New Zealand FMA warns against China FX broker VHTrade

The FMA noted a recent warning by the Hong Kong Securities and Futures Commission against China FX broker VHTrade. The FMA is concerned that Vhtrade International Financial Group claims to be registered on the FSPR when they are not. Vhtrade International Financial is operating at website www.vhtrade.cn. The address given is 4B, Jinwei Commercial Building,…

June 21, 2017 BY Valentina Kirilova

New Zealand FMA proposes continued regulatory exemption for Robo Advice

The FMA announced that it is seeking feedback on its proposals to allow entities to provide personalised financial advice generated by a computer programme or algorithm (robo-advice). This would be a temporary measure before new legislation is passed by Parliament. Robo-advice has been increasingly adopted around the world and especially in the Far East, and…

April 03, 2017 BY LeapRate Staff

New Zealand to require Spot Forex, CFD and Binary Options brokers to obtain a Derivatives License

New Zealand financial regulator The Financial Markets Authority (FMA) has issued a statement today confirming that it plans to require all brokers offering spot forex, CFD and binary options trading to obtain a derivatives license in the country. Until now, all 'short-term' derivatives trading was exempt from FMA licensing. The move, marking a change in…

February 15, 2017 BY Valentina Kirilova

New Zealand's FMA updates strategic risk outlook and sets course for new era in conduct regulation

The Financial Markets Authority just published its updated Strategic Risk Outlook (SRO). This is a foundation FMA document and sets out how the regulator identifies and prioritises the key risks to its overall objective of fair, efficient and transparent markets. In 2014, the FMA established seven strategic priorities to address the main risks and potential…

May 19, 2015 BY Andrew Saks-McLeod

New Zealand FMA continues to remove offshore firms from the FSP register

So far this year the FMA has removed 23 entities from the register. The FMA has also taken action to prevent a further 20 firms from completing registration on the FSPR, following on from the 226 firms which New Zealand's authorities removed in its inaugural stages three years ago

March 02, 2015 BY Andrew Saks-McLeod

Buyer Beware! If it looks too good to be true, it probably is, says New Zealand FMA

New Zealand's financial regulatory authority has issued a warning to potential investors that Eco Investments Group is offering risk-free investments in FX, precious metals and real estate with promises of high returns via a large scale newspaper advertising campaign

January 28, 2015 BY Andrew Saks-McLeod

New Zealand FMA and NZX sign memorandum of understanding

The FMA and NZX have developed a cooperative operational relationship to help deliver the most effective regulation of New Zealand’s capital markets, and this MoU formalises and enhances that collaboration

January 27, 2015 BY Andrew Saks-McLeod

Insolvent FX firm Excel Markets confirms that it has returned 96% of client funds, winds up operations

As of today, 27 Jan 2015, 96% of client funds have been sent back to clients and the remainder await withdrawal requests. The Financial Markets Authority of New Zealand has worked closely with GBL since the incident to ensure client funds were being safely returned

November 26, 2014 BY Andrew Saks-McLeod

New Zealand's regulatory prowess strengthens with appointment of ex-Deloitte chairman

Former Deloitte New Zealand chair Murray Jack has today been elected Chair of the New Zealand Financial Markets Authority

Tag: new zealand fma

World Investor Week held, FMA highlights danger of unlicensed binary options trading

New Zealand FMA warns against China FX broker VHTrade

New Zealand FMA proposes continued regulatory exemption for Robo Advice

New Zealand to require Spot Forex, CFD and Binary Options brokers to obtain a Derivatives License

New Zealand's FMA updates strategic risk outlook and sets course for new era in conduct regulation

New Zealand FMA continues to remove offshore firms from the FSP register

Buyer Beware! If it looks too good to be true, it probably is, says New Zealand FMA

New Zealand FMA and NZX sign memorandum of understanding

Insolvent FX firm Excel Markets confirms that it has returned 96% of client funds, winds up operations

New Zealand's regulatory prowess strengthens with appointment of ex-Deloitte chairman

Morgan Stanley Fined $1m By FINRA for Market Access Control Failures

INFINOX Appoints Daniel Skowronski as Group Executive Director

HKEX to Digitise ETP Servicing

Broadridge Completes Kyndryl SIS Takeover

Cboe Launches New Timestamping Service