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

Fri, 09 Jun 2023

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...

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