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New Zealand's FMA warns residents of fake FCA email

Source: Fazzaco

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Financial Markets Authority (FMA), New Zealand's financial markets regulator, today announced that it has been made aware of New Zealand residents receiving an email purportedly from the United Kingdom's Financial Conduct Authority (FCA). These emails include a link for the recipient to complete a compliance due diligence questionnaire.

The FCA has published an alert on its website noting that these emails are being sent from a cloned email address.

The FMA advises that residents in New Zeland do not open the email or the link contained in it.

​The Financial Markets Authority (FMA) is the New Zealand government agency responsible for financial regulation. It is responsible for regulating all financial market participants, exchanges and the setting and enforcing of financial regulations. The FMA's official website says its key statutory objective is "to promote and facilitate the development of fair, efficient, and transparent financial markets" and that it "will use the full range of its enforcement powers, targeting conduct that presents the greatest likelihood of harm to the function of open, transparent and efficient capital markets."

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