Tagged: financial markets authority

July 17, 2023 @ 8:38 pm By Omar Faridi  |  

The Financial Markets Authority (FMA) – Te Mana Tātai Hokohoko – recently released a consultation document on its proposal to introduce a new standard condition for certain financial market license holders. The new license condition will “focus on business continuity and technology systems.” Operationally resilient… Read More

November 4, 2020 @ 10:17 pm By Omar Faridi  |  

New Zealand’s Financial Markets Authority (FMA) has hired two specialists who are focused on helping the regulator with managing and overseeing Fintech and environmental, social and corporate governance (ESG) projects. Binu Paul, a Fintech entrepreneur, will be serving as Specialist Lead, Fintech. He’ll be reporting… Read More

April 7, 2020 @ 10:02 am By Samantha Hurst  |  

New Zealand’s Financial Markets Authority (FMA) announced on Monday it has concerns about the website “Profit Bitcoin” has the hallmarks of being a scam. The organization revealed it was made aware that the digital currency platform is advertising on Facebook by promoting false news about… Read More

May 30, 2018 @ 10:43 pm By JD Alois  |  

The Financial Market Authority (FMA) in Austria is seeking to shut down cryptocurrency miner INVIA GmbH based in Vienna. According to a note published on the FMA site, the regulator has prohibited the business model of the company on the grounds of “the suspicion of… Read More

October 26, 2017 @ 10:04 pm By JD Alois  |  

The Australian Securities and Investments Commission (ASIC) has added a new Fintech partnership arrangement with a deal signed with the Swiss Financial Markets Authority (FINMA). Both regulators have been impressively open to financial innovation so an agreement to cooperate on disruptive finance simply makes sense…. Read More

October 18, 2017 @ 11:21 pm By JD Alois  |  

The Financial Markets Authority (FMA) in New Zealand and the Australian Securities and Investments Commission (ASIC) have re-affirmed their collaboration on the expanding opportunities in Fintech innovation. The two agencies originally entered into a Memorandum of Understanding (MOU) back in 2012. Since that time, much… Read More

April 28, 2016 @ 8:48 am By Samantha Hurst  |  

On Thursday, co-founder and CEO of PledgeMe, Anna Guenther, announced the New Zealand-based crowdfunding portal has received approved by the Financial Markets Authority (FMA) to launch its very own peer-to-peer (P2P) lending platform, PledgeMe. L Guenther stated: “We’re very excited to have completed this important step towards… Read More

May 11, 2015 @ 10:10 am By Samantha Hurst  |  

LendMe today announced that it has received its peer-to-peer(P2P) license from the Financial Markets Authority and is the first peer to peer lender in New Zealand to specialize in secured lending; offering a range of loan products that will be secured by mortgage over borrowers’… Read More

July 20, 2014 @ 5:50 pm By JD Alois  |  

It appears that New Zealand will have their very first equity crowdfunding campaign on Snowball Effect later this month, at least according to a tweet from Ripper Crowd Loyalty;   Guys! We have a launch date for our #equitycrowdfunding campaign on @snowballnz. 28/07/14. Rippr will… Read More