FMA pings accountants, lawyers for misuse of investor certificates

The FMA is investigating marketing of risky investments to ordinary Mums and Dads. 123RF

Mon, 03 Nov 2025

The Financial Markets Authority (FMA) has referred 22 accountants and eight lawyers to their professional bodies after an investigation into the misuse of eligible investor certificates.While retail financial products are strictly regulated, unregulated wholesale offers can be made to people who are deemed wealthy enough or eligible based on their investment experience.An eligible investor must get an accountant, lawyer, or financial adviser to sign a certificate confirming they meet the requirements.In a response released under the Official In...

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