FMA

20 Feb 18, 11:45am
Irish central bank orders European subsidiary of NZ insurer, CBL, to stop writing new business; CBL to challenge order, saying it will 'take any action it deems necessary' to protect its interests; RBNZ says nothing
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19 Feb 18, 5:08pm
Remember the curious case of General Equity Building Society? Well, now it's known as Pacific Eagle Capital and appears to be thumbing its nose at an FMA warning
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9 Feb 18, 10:36am
Mortgage fraudster who dishonestly obtained $52m of loans jailed for 4 years, 7 months; Case prompts banks to tighten lending controls
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8 Feb 18, 4:32pm
NZX suspends trading of CBL shares over concerns about the 'completeness and veracity' of information the specialist insurer has released to the market
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2 Feb 18, 3:30pm
Hurricanes sponsor and Wellington promoter Fullerton Markets quits the 'next financial hub of New Zealand'
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23 Jan 18, 7:06am
Guilty admission from mortgage fraudster caught up in $50m case involving ANZ, BNZ and 76 properties around Auckland and Hamilton
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23 Jan 18, 5:02am
Gareth Vaughan writes to Commerce and Consumer Affairs Minister Kris Faafoi arguing for tougher action over the misuse of NZ companies and our FSPR
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22 Jan 18, 10:08am
Ex-BNZ chairman Kerry McDonald lambasts the RBNZ's oversight of banks for being 'unacceptably complacent, weak, ineffective' & for ignoring depositors' interests
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15 Dec 17, 10:02am
Benje Patterson looks at 10 ways to kickstart your financial health
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2 Dec 17, 6:26am
FMA statistics show the fledgling NZ P2P lending sector is serving banks and fund managers well, but more needs to be done for retail investors and SMEs, Gareth Vaughan argues
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28 Nov 17, 5:08pm
Everything you need to know about the P2P lending market - who's lending, who's borrowing, how reliable they are, and what the differences are between the platforms
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24 Nov 17, 12:48pm
FMA issues formal warning under anti-money laundering law to forex company and Hurricanes sponsor Fullerton Markets
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24 Nov 17, 5:02am
Returning to the basic concept of a company, collecting verified information, regulators focusing on policy effectiveness rather than box ticking & other ways to tackle the misuse of NZ companies
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23 Nov 17, 2:09pm
Self-proclaimed 'pushy' Commerce & Consumer Affairs Minister Kris Faafoi commits to revamping archaic insurance law, but prioritises introduction of payday lender interest rate caps & a supermarket code of conduct
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21 Nov 17, 7:36am
FMA puts KiwiSaver funds side-by-side to illustrate whether investors are getting bang for their buck; KiwiSaver providers unapologetic for charging the fees they do, saying investment is needed to provide quality advice
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16 Nov 17, 10:23am
Harmoney tells court it can charge a fee for its services like a broker that includes profit as Commerce Commission argues there is nothing new or disruptive about what Harmoney's doing
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7 Nov 17, 2:05pm
CEO David McLean acknowledges Westpac NZ was 'caught on the back foot' in year of two distinct halves, sees KiwiSaver fees 'evolving'
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4 Nov 17, 7:30am
The newly-minted Commerce and Consumer Affairs Minister commits to championing open banking, capping payday lenders' interest rates, and writing a code of conduct for the supermarket industry
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26 Oct 17, 3:14pm
Ex-TV reporter Kris Faafoi replaces former Play School host Jacqui Dean as Minister of Commerce & Consumer Affairs
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26 Oct 17, 12:22pm
FMA charges Auckland man for allegedly taking money he told his clients he would invest for them, and withdrawing money from their credit card accounts without them knowing
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