New Zealand's Financial Market's Authority Podcasts
A quick look at the latest in financial regulation and research in New Zealand, with experts from the Financial Markets Authority – Te Mana Tātai Hokohoko.
New Zealand's Financial Market's Authority Podcasts
#4 Wholesale property investments report
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Financial Markets Authority NZ
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Episode 4
FMA Director of Capital Markets Paul Gregory discusses the FMA’s recently-published review of the wholesale property investment sector, which led to the FMA issuing formal warnings to several entities.
He explains why the FMA conducted the review and what the major findings were, particularly in relation to some firms using deficient eligible investor certificates. Mr Gregory says the report and warnings have put the industry on notice and the FMA has reinforced its expectations about what firms need to be doing to comply.
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