FMA warns Finbase over serious breaches

FMA Executive Director, Response & Enforcement, Louise Unger (Image: FMA)

Wed, 15 Oct 2025

The Financial Markets Authority (FMA) has issued a warning to HP Capital, trading as Finbase, for serious breaches of the Financial Markets Conduct Act and Regulations. The warning was related to Finbase's offers, advertising, and use of sponsored AdWords for its Single Investment financial products.The FMA found that Finbase made regulated offers of its products but failed to comply with the disclosure requirements and notice obligations.The FMA also determined that Finbase contravened fair dealing provisions by misleading the public...

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