UK owned NZ offshore finance company City Savings 'Bank', formerly 'a bank with a small b', changes its name to Friends Mutual & continues offering up to 8.05% to offshore punters
The entities peddling unregulated NZ offshore finance companies, some of which have been involved in illegal activities, tout their benefits & recommend their favourite banks
Financial Markets Authority confident of forcing changes on entity outed by interest.co.nz for wrongly claiming NZ govt authorisation to raise money from public overseas
After gun running, Ponzi scheme & fake bank shenanigans by NZ registered firms overseas, govt says 'programme of work' will crack down on them. But it won't change world's easiest company rego rules
An open letter to Economic Development Minister Steven Joyce & MED CEO David Smol urging a tougher stand on NZ registered companies that bring NZ's good name into disrepute
RBNZ issues warning of bogus NZ 'bank' after interest.co.nz story outs it; Says it's not licensed or supervised by any NZ authorities; MED doesn't share concern
City Savings Bank, 'a bank with a small b,' sets up HQ on Queens (sic) St without RBNZ approval after registering as a company and financial services provider; RBNZ to 'make enquiries'
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