Webb23 aug. 2024 · The FMA says the formal warning is “for failing to have sufficient anti-money laundering procedures, policies, and controls in place.” The issues were identified as part of the FMA’s ongoing monitoring of compliance with the Anti-Money Laundering and Countering Financing of Terrorism (AML/CFT) Act. The FMA said Sharesies had failed to: Webb17 nov. 2024 · In its submission to the FMA ahead of the decision, Sharesies said New Zealand is currently lagging behind other markets in this area. Fri, 17 Nov 2024. By Rebecca Howard. Fri, 17 Nov 2024.
Stake, Hatch or Sharesies - Which Is Best for US Shares? - Finder NZ
Webb23 aug. 2024 · The FMA said Sharesies had failed to complete identity verification for up to 7815 customers who had account balances of more than $1000 as part of standard … Webb23 aug. 2024 · About Sharesies: Sharesies is an online investment platform that seeks to provide an inclusive, low-cost way to invest in New Zealand, Australia and the US. high ligation
FMA warns InvestNow for AML/CFT deficiencies and failures
WebbFinance professionals Financial Markets Authority We licence regulate and supervise financial market participants and provide guidance and information on how to comply with obligations. Get licensed Click here to apply for your FAP Full Licence More Services Licensing, compliance and general information by specific role we supervise. Read more WebbSharesies Limited and Sharesies Nominee Limited. August 2024 - The FMA formally warned Sharesies Limited and Sharesies Nominee Limited for failing to have sufficient … Webb23 aug. 2024 · Sharesies is cooperating with the FMA to meet its legal obligations and have said at no point have any customer funds been at risk, nor did they consider any of the contraventions deliberate. The regulator said Sharesies must obtain information from all its current customers to show their reasons for using the platform and amend its … high lifts jacks