FMA

21 Jun 18, 12:05pm
RBNZ says banks used by a third party to operate accounts for financial service provider Worldclear probably didn't know about the connection to Worldclear
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20 Jun 18, 10:36am
Jen​ée Tibshraeny argues bank regulators should tap into the info the SFO has about the weak spots in bank systems that enabled a group to fraudulently secure 57 loans worth $54m
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18 Jun 18, 10:33am
The Chairman of Parliament's Finance and Expenditure Select Committee has reversed his decision to request banking and insurance CEOs appear before the Select Committee
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14 Jun 18, 4:39pm
Gareth Vaughan goes in search of a snowball on Great South Road as he continues to probe companies registered on NZ's Financial Service Providers' Register
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14 Jun 18, 1:34pm
Chairman says bank bosses to be called before Parliament's Finance and Expenditure Select Committee as FMA & RBNZ probe into sector continues
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5 Jun 18, 11:41am
Rebecca Sellers urges New Zealand consumers & businesses to have their say in the Government's long awaited review of insurance contract law
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4 Jun 18, 6:31am
FMA CEO Rob Everett says the financial services sector is at a tipping point and needs to focus on how to make sure customers get a better deal
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30 May 18, 2:00pm
FMA's Rob Everett says review of bank conduct & culture shows plenty that could be done better but so far no evidence of systemic misconduct
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30 May 18, 7:47am
Ministers Robertson & Faafoi say they will meet with the RBNZ & FMA regularly as their work programme on financial services sector conduct and operations develops
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28 May 18, 1:32pm
The FMA and RBNZ’s top brass to brief MPs on Wednesday following their probe into NZ bank conduct
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25 May 18, 2:03pm
RBNZ's Adrian Orr says foreign controlled banks must acknowledge they operate in NZ, acknowledge the home-host regulator relationship & have a long-term focus
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24 May 18, 12:46pm
FMA and RBNZ give life insurance companies until June 22 to prove they aren't mimicking the misconduct of some of their Australian parents
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18 May 18, 7:20am
FMA believes companies should keep updating the market even if they're in voluntary administration; Says its dealings with CBL have prompted it to ask the court for clarity on the matter
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17 May 18, 10:59am
Commerce and Consumer Affairs Minister Kris Faafoi disappointed life and health insurers spent $34m on soft commissions in two years, but won't commit to banning them
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16 May 18, 3:00pm
Life and health insurers spend 9% of their sales revenue on soft commissions for the advisers who sell their products; FMA warns of conflicts of interest
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15 May 18, 4:10pm
Any NZ inquiry into the conduct of the financial services sector will require a lengthy and deep probe into the insurance sector, Gareth Vaughan argues
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15 May 18, 1:05pm
Michael Wood, the Chairman of Parliament's Finance and Expenditure Select Committee, says summoning bank CEOs to appear before MPs is an ‘open and live option’  
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11 May 18, 1:47pm
FMA and RBNZ's response to revelations from Australian financial services Royal Commission appear 'rather desperate' and 'driven by being seen to be doing something'
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11 May 18, 9:38am
'You're in New Zealand,' RBNZ's Adrian Orr tells overseas owned, NZ operating banks, and your behaviour needs to be consistent with our laws and expectations
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11 May 18, 5:00am
Schemes that deal with complaints people make about their financial service providers urge the Government not to go too far in making them report all the misconduct they see to regulators 
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