FMA

9 Aug 18, 4:00pm
FMA not keen to embed supervisors in banks like its Aussie counterpart, but sees logic of prudential regulators - IE the Reserve Bank - doing so
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9 Aug 18, 5:00am
Gareth Vaughan conducts a stocktake on just how involved retail investors are in NZ peer-to-peer lending, checking to see if banks are in danger of being disintermediated
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8 Aug 18, 12:22pm
ANZ to become first bank in NZ to stop incentivising frontline retail staff with sales targets, acknowledging the 'environment is clearly changing'
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20 Jul 18, 5:00am
MBIE proposing that New Zealand registered building societies will only be allowed to provide services to New Zealanders
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19 Jul 18, 8:41am
David Hargreaves says the problem of KiwiSaver funds being effectively under-invested needs fixing quickly
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19 Jul 18, 7:29am
Which 3 life insurance providers is the FMA considering taking regulatory action against? Westpac and AMP rule themselves out; 2 providers stay silent 
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18 Jul 18, 1:09pm
Churn concerns prompt FMA to consider regulatory action against three large financial institutions that sell life insurance
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13 Jul 18, 1:57pm
FMA flags concerns over the disclosures CBL made when it listed on the NZX and around the time it was being probed by the Reserve Bank; CBL's chair and two other directors resign
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13 Jul 18, 8:46am
Some 10 years after the finance company sector meltdown New Zealanders are still displaying an alarming naivety in the world of investment, David Hargreaves says
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12 Jul 18, 2:13pm
Share market investors more upbeat on NZ's financial markets than property investors despite jitters in both markets; KiwiSaver investor confidence subpar
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10 Jul 18, 2:49pm
CBL's former CFO and existing director of international business form butchery company - 'Well Hung' - while CBL shareholders fear they'll be hung out to dry
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3 Jul 18, 1:53pm
Ponzi scheme operator Lance Ryan gets seven years & six months jail for 'cynically manipulating vulnerable & trusting investors' plus deceiving the FMA & Companies Office
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29 Jun 18, 11:42am
IAG the first big player in the finance sector to get rid of staff sales targets; Move comes in the wake of law changes in NZ and a royal commission inquiry in Australia
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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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