The Financial Markets Authority (FMA) is the regulatory body in New Zealand. It became a Forex Brokers hub because it used to offer a license with a relatively low capital requirement and in addition, it was in an ideal position for the Forex Brokers that targeted Asia. – Nevertheless, the FMA has introduced ever since a minimum capital requirements that are in line with the capital requirements of regulated Brokers in the European Union. However, there are many Brokers that choose to register with the FMA due to the location, the strong local economy and the available work force that is considered highly educated in the financial sector.
FMA Regulated Forex Brokers
MEX Asset Management GmbH (Austria)
license number 491129z.
ASIC, BaFin, CNMV, DFSA, FSC
New Zealand registered
company bearing # 973842,
Financial Service Provider
Register FSP 28944,
Member of FDR scheme New Zealand.
Company registered in New Zealand
under number 4472148,
FCA register number 527809,
Financial Services Commission of Mauritius
Licence number GB19024503.
FMA
The Financial Markets Authority (FMA) is the New Zealand government agency responsible for enforcing securities, financial reporting and company law as they apply to financial services and securities markets. We also regulate securities exchanges, financial advice providers and client money or property services, auditors, trustees and issuers – including issuers of KiwiSaver and superannuation schemes. FMA jointly oversee designated settlement systems in New Zealand, with the Reserve Bank of New Zealand (RBNZ).
Who FMA regulate
1. We do not license these market participants but oversee them to some extent.
2. Registered on the Financial Service Providers Register (FSPR)
3. Prudentially registered or licensed by RBNZ
4. Registered on the auditor’s register
5. Licensed by accredited audit body
6. Registered on the Disclose register
What does FMA do in New Zealand
The Financial Markets Authority (FMA) is the New Zealand government agency responsible for enforcing securities, financial reporting and company law as they apply to financial services and securities markets. FMA vision is to promote and facilitate the development of fair, efficient and transparent financial markets.