FMA
Government's proposed conduct licensing regime for financial service providers will make them accountable for sales to consumers by contracted intermediaries & ban target-based sales incentives
25th Sep 19, 12:30pm
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Government's proposed conduct licensing regime for financial service providers will make them accountable for sales to consumers by contracted intermediaries & ban target-based sales incentives
NZ's Blue Isle Markets Ltd named as a defendant in US SEC case alleging tens of millions of dollars in investor losses, some of which was used to fund a luxurious lifestyle for defendants
20th Sep 19, 11:18am
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NZ's Blue Isle Markets Ltd named as a defendant in US SEC case alleging tens of millions of dollars in investor losses, some of which was used to fund a luxurious lifestyle for defendants
Gareth Vaughan highlights the limited comments on banking in a report on growing NZ's capital markets, and probes how much healthier the equity market would look if the big 4 banks were listed
18th Sep 19, 12:54pm
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Gareth Vaughan highlights the limited comments on banking in a report on growing NZ's capital markets, and probes how much healthier the equity market would look if the big 4 banks were listed
Commerce & Consumer Affairs Minister Kris Faafoi pledges measures to improve financial services sector conduct shortly as regulators bemoan poor life insurer conduct and culture
17th Sep 19, 10:11am
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Commerce & Consumer Affairs Minister Kris Faafoi pledges measures to improve financial services sector conduct shortly as regulators bemoan poor life insurer conduct and culture
ANZ NZ gives nothing away on where its process to find a permanent successor to ex-CEO David Hisco is at as Brits review bank executive regime NZ government is looking at
16th Sep 19, 11:42am
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ANZ NZ gives nothing away on where its process to find a permanent successor to ex-CEO David Hisco is at as Brits review bank executive regime NZ government is looking at
Shadow Finance Minister Paul Goldsmith on how he's yet to be convinced bank conduct needs regulation, why foreign capital restrictions are counter-productive and why fiscal stimulus isn't what the economy needs
15th Sep 19, 6:31am
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Shadow Finance Minister Paul Goldsmith on how he's yet to be convinced bank conduct needs regulation, why foreign capital restrictions are counter-productive and why fiscal stimulus isn't what the economy needs
Financial Markets Authority considering prosecuting life insurers over sales tactics; says 'there will be more remediation, more repayments to consumers'; Commerce and Consumer Affairs Minister warns NZ isn't immune from a royal commission
13th Sep 19, 10:58am
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Financial Markets Authority considering prosecuting life insurers over sales tactics; says 'there will be more remediation, more repayments to consumers'; Commerce and Consumer Affairs Minister warns NZ isn't immune from a royal commission
Capital markets review recommends changes to KiwiSaver to help lift the level of kiwis' engagement with & interest in investment so more New Zealanders actively participate to create personal wealth
9th Sep 19, 4:50pm
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Capital markets review recommends changes to KiwiSaver to help lift the level of kiwis' engagement with & interest in investment so more New Zealanders actively participate to create personal wealth
As ASIC proposes a major crackdown on the peddling of high risk derivative products to retail investors, Gareth Vaughan looks at where the FMA & NZ Government sit on products compared with gambling
7th Sep 19, 8:51am
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As ASIC proposes a major crackdown on the peddling of high risk derivative products to retail investors, Gareth Vaughan looks at where the FMA & NZ Government sit on products compared with gambling
FMA says ANZ NZ should have disclosed the sale of an Auckland house to the wife of its former CEO David Hisco as a related party transaction, questions role of auditor KPMG
22nd Aug 19, 3:10pm
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FMA says ANZ NZ should have disclosed the sale of an Auckland house to the wife of its former CEO David Hisco as a related party transaction, questions role of auditor KPMG
Government review of KiwiSaver default provider arrangements probes potential support for New Zealand capital markets development, fee reductions and more
14th Aug 19, 5:09pm
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Government review of KiwiSaver default provider arrangements probes potential support for New Zealand capital markets development, fee reductions and more
FMA CEO Rob Everett says without regulators' threat to report back to the public banks wouldn't have removed sales incentives on their own, and might have resisted the move if the FMA & RBNZ had just asked them to do it privately
7th Aug 19, 9:45am
FMA CEO Rob Everett says without regulators' threat to report back to the public banks wouldn't have removed sales incentives on their own, and might have resisted the move if the FMA & RBNZ had just asked them to do it privately
Westpac NZ refunding about 93,000 customers overcharged about $7 million after self-reporting the issues to the Financial Markets Authority and the Commerce Commission
6th Aug 19, 11:04am
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Westpac NZ refunding about 93,000 customers overcharged about $7 million after self-reporting the issues to the Financial Markets Authority and the Commerce Commission
Financial Markets Authority to bolster its monitoring of cyber-resilience as it warns that New Zealand is just as exposed to cyber threats as any other developed nation
6th Aug 19, 9:45am
Financial Markets Authority to bolster its monitoring of cyber-resilience as it warns that New Zealand is just as exposed to cyber threats as any other developed nation
Bell Gully's David Craig details how a new bill gives regulators sweeping crisis management powers over financial market infrastructures deemed to be systemically important, mirroring powers the RBNZ has over banks
5th Aug 19, 11:37am
Bell Gully's David Craig details how a new bill gives regulators sweeping crisis management powers over financial market infrastructures deemed to be systemically important, mirroring powers the RBNZ has over banks
Almost five years after peer to peer lending launched in New Zealand, making money remains a challenge for most of the licensed lenders
1st Aug 19, 9:43am
Almost five years after peer to peer lending launched in New Zealand, making money remains a challenge for most of the licensed lenders
Syndicated Trusts slapped with Financial Markets Authority Stop Order over adverts 'likely to confuse or mislead people' that 'may have been making unsubstantiated statements'
23rd Jul 19, 5:11pm
Syndicated Trusts slapped with Financial Markets Authority Stop Order over adverts 'likely to confuse or mislead people' that 'may have been making unsubstantiated statements'
The Financial Markets Authority says filing of legal action against ANZ by RAM investors is the 'right result'
12th Jul 19, 9:07pm
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The Financial Markets Authority says filing of legal action against ANZ by RAM investors is the 'right result'
Law News reviews the growing body of work building to update our insurance law. It has started with the Culture & Conduct review, will cover disclosure issues, and may tackle conflicted remuneration
12th Jul 19, 11:00am
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Law News reviews the growing body of work building to update our insurance law. It has started with the Culture & Conduct review, will cover disclosure issues, and may tackle conflicted remuneration
Fund manager who held major CBL stake contrasts RBNZ's 'very public discourse' around bank capital requirements with its caution about speaking out about an under-capitalised insurer
5th Jul 19, 11:42am
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Fund manager who held major CBL stake contrasts RBNZ's 'very public discourse' around bank capital requirements with its caution about speaking out about an under-capitalised insurer
Recent events remind Gareth Vaughan of a conversation several years ago with ex-ANZ NZ CEO David Hisco when he floated the idea of a Minister for ANZ...
4th Jul 19, 10:30am
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Recent events remind Gareth Vaughan of a conversation several years ago with ex-ANZ NZ CEO David Hisco when he floated the idea of a Minister for ANZ...
As the bad news continues flowing out of ANZ New Zealand, we seek answers to some pertinent questions
2nd Jul 19, 7:28pm
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As the bad news continues flowing out of ANZ New Zealand, we seek answers to some pertinent questions
Deputy Governor Geoff Bascand signals shift in Reserve Bank regulatory approach to a more pro-active, more intensive and more intrusive one after recent shortcomings emerged at banks and insurers
27th Jun 19, 7:32am
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Deputy Governor Geoff Bascand signals shift in Reserve Bank regulatory approach to a more pro-active, more intensive and more intrusive one after recent shortcomings emerged at banks and insurers
As Facebook spruiks Libra and the key global anti-money laundering overseer says virtual asset service providers must be regulated, what have NZ regulators got to say?
27th Jun 19, 5:00am
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As Facebook spruiks Libra and the key global anti-money laundering overseer says virtual asset service providers must be regulated, what have NZ regulators got to say?
Commerce Commission says harsher penalties will provide unscrupulous lenders with an incentive to comply with the Credit Contracts and Consumer Finance Act
25th Jun 19, 5:00am
Commerce Commission says harsher penalties will provide unscrupulous lenders with an incentive to comply with the Credit Contracts and Consumer Finance Act