The FMA is now in 'standard regulatory mode' to combat greenwashing

The FMA is now in 'standard regulatory mode' to combat greenwashing
FMA executive director of response and enforcement, Paul Gregory, says it has found "vagueness" around the rules.(Image: FMA)
Greg Hurrell
The Financial Markets Authority has signalled the honeymoon period is over for companies greenwashing in New Zealand's investment markets. The Financial Markets Authority's (FMA) executive director of response and enforcement, Paul Gregory, told BusinessDesk the authority had published its expectations and was moving into “standard regulatory mode”."So now, as far as we're concerned, this is just part of something that fund managers need to do, which ourselves and their supervisors will be looking at and monito...

More Climate change

Full hydro lakes drove down 2023 emissions
Environment

Full hydro lakes drove down 2023 emissions

But NZ's glaciers are still melting fast.

Greg Hurrell 16 Apr 2025
FedEx NZ takes 10 small steps towards net zero
Technology

FedEx NZ takes 10 small steps towards net zero

FedEx is investing in carbon capture research to help offset its aviation emissions.

Greg Hurrell 11 Apr 2025
Carbon-free critical minerals producer launches pilot plant
Technology

Carbon-free critical minerals producer launches pilot plant

Aspiring Materials turns plentiful rock into critical minerals for industrial use.

Oliver Lewis 28 Mar 2025
Govt green fund’s BlackRock knockback
Finance

Govt green fund’s BlackRock knockback

The government-backed fund decided against participating last June.

Pattrick Smellie 05 Mar 2025