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Breaking news

Stats NZ says NZ GDP rose 1.0% in September quarter from June quarter, slightly above economists' forecasts
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FMA

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

FMA licences 'more than a ticket to the game'

FMA undertaking a 'large piece of work' on KiwiSaver providers' switching practices

The FMA's 7 strategic risk priorities

FMA's strategic risk focus to include conflicts of interest, mis-selling, KiwiSaver switching, incentive arrangements and fee-driven behaviour

Why NZ regulators won't follow Aussie lead

Could the RBNZ and FMA and/or Commerce Commission follow APRA and ASIC's one-two combination attack on risky home lending?

ANZ settles interest rate swap case

Updated
ANZ coughs up $19 mln to settle rural interest rate swap case with Commerce Commission; Commission still talking to ASB & Westpac; ANZ also agrees enforceable undertakings with FMA

'General Equity house' for sale

NZ registered building society the FMA advised giving a wide berth to, looking to sell its Auckland office

What happened Thursday

A review of things you need to know before you go home on Thursday; Westpac's 18-month mortgage special; Cullen funds growing rapidly; FMA a respected regulator; Countdown cleared of bullying; Harbour on China

General Equity misses financial statements deadline

FMA 'completely satisfied' General Equity warning was appropriate and based on 'clear evidence of misconduct'

SPI directors give enforceable undertakings, await sentencing

SPI directors Murray Alcock and Allister Knight give enforcecable undertakings to FMA after SPI property syndications hit the rocks

General Equity 'surprised' by FMA warning

Building society General Equity says it's being bought by Malaysian group and is reviewing legal options after FMA warning