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What happened Friday

A review of things you need to know before you go home on Friday;  RBNZ sees more than $1 trillion of household wealth, major Wynyard Quarter development, Otahuhu house price leaps, ANZ get tech savvy

'No Australian-type scandals here'

The FMA says NZ's regulatory framework would be strong enough to out any Australian-style systemic financial advisory problems at big banks; Plus what NZ's Aussie owned banks say

Where are the P2P licence applicants at?

FMA considering 4 peer-to-peer licence applications with race on to become NZ's 2nd licenced P2P lender after Harmoney

LendMe eyes peer-to-peer licence

LendMe eyes rural sector and top up loans for home buyers with peer-to-peer licence from the FMA expected 'shortly.' Commercial property, equipment sectors also in the plans

Luigi Wewege's Irish problem

NZ links to Irish sub-prime stoush highlight the potential for an undesirable form of regulatory arbitrage around our anti-money laundering law; MBIE to make enquiries

Bank customers get $23.67m compo

Westpac 3rd bank to settle with Commerce Commission, FMA in rural interest rate swaps case with 38 customers to get $2.47 mln compensation; Damien O’Connor hits out

Rush of listings for new sharemarket not apparent

NZX's new sharemarket NXT aims to fill funding hole identified by Capital Markets Development Taskforce for SMEs keen to grow; But which companies will be 1st to list?

3 P2P licence applications lodged

FMA considering three applications for P2P licences

Digital currencies on FMA's radar

Digital currencies such as bitcoin not financial products but still of interest, FMA says

What happened Wednesday

A review of things you need to know before you go home on Wednesday; BOP surprise, dairy prices stop falling, more mortgages approved, swap rates lurch down again