Financial Markets Authority

Year 2011Regulated by Government

The Financial markets Authority (FMA) is a New Zealand government agency responsible for enforcing securities, financial reporting and company law as they apply to financial services and securities markets. The FMA also regulates securities exchanges, financial advisers and brokers, auditors, trustees and issuers - including issuers of KiwiSaver and superannuation schemes. It jointly oversees designated settlement systems in New Zealand, with the Reserve Bank of New Zealand (RBNZ). FMA is a member of New Zealand’s Council of Financial Regulators.

Disclose broker

Danger Unauthorized

EVEREST

Disclosure summary

Disclosure matching Website matching
Disclosure time 2018-06-21
Reason for punishment We understand that persons purporting to be involved with a NZ registered company called Everest International Group Limited (now Everest Peak Technologies Limited) (Everest) are offering derivatives via the website www.everestinter.com (the website).

Disclosure details

Everest International Group Limited

21 June 2018 Everest International Group Limited SHARE THIS WEBSITE: www.everestinter.com REASON FOR WARNING: We understand that persons purporting to be involved with a NZ registered company called Everest International Group Limited (now Everest Peak Technologies Limited) (Everest) are offering derivatives via the website www.everestinter.com (the website). Our enquiries have determined that the offer of derivatives has not been undertaken by Everest or its director nor do they operate the website. It appears that an unidentified third party is involved. New Zealand residents should exercise caution before dealing with the website.

Annex

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More regulatory disclosure

Sanction

2023-12-07

Administrative monetary penalty on Canadian Imperial Bank of Commerce