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
Disclosure summary
- Disclosure matching Website matching
- Disclosure time 2024-03-04
- Reason for punishment Unregistered business, unreasonable withholding of client funds
Disclosure details
Medium Global Strategy – Unregistered business, unreasonable withholding of client funds
Medium Global Strategy – Unregistered business, unreasonable withholding of client funds
We are aware of an investor who invested with Medium Global Strategy and is now unable to withdraw their funds. Medium Global Strategy has denied them access to withdrawals unless upfront fees are paid.
We note that Medium Global Strategy is not registered or licensed to provide its services to New Zealand residents.
We recommend caution when dealing with Medium Global Strategy.
Entity Name: Medium Global Strategy
Addresses: Suite 701 Level 7, 77 Castlereagh Street, Sydney NSW 2000, Australia
Email addresses: cs@mgs-financial.com
Website: https://www.mgsfin.com/
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