FMA
Research carried out for the Financial Markets Authority shows 'a serious gap in the expectations of investors and what auditors are delivering'
21st May 19, 6:02am
5
Research carried out for the Financial Markets Authority shows 'a serious gap in the expectations of investors and what auditors are delivering'
Banks have had to remove incentives linked to sales and are being told to ensure good outcomes for all customers. Here, ANZ, BNZ and Westpac's CEOs talk about how this is progressing
13th May 19, 2:11pm
Banks have had to remove incentives linked to sales and are being told to ensure good outcomes for all customers. Here, ANZ, BNZ and Westpac's CEOs talk about how this is progressing
Embattled insurer, CBL Corporation, put in liquidation; Brendon Gibson and Neale Jackson of KordaMentha appointed liquidators
13th May 19, 11:21am
Embattled insurer, CBL Corporation, put in liquidation; Brendon Gibson and Neale Jackson of KordaMentha appointed liquidators
Roger Wallis looks at the recent pressures on directors and how they are to apply the moving and widening standards of good governance 'in the bests interests of the company'
8th May 19, 9:55am
1
Roger Wallis looks at the recent pressures on directors and how they are to apply the moving and widening standards of good governance 'in the bests interests of the company'
A 'principles-based' approach towards regulating conduct and culture may sound flaky but it's the best option, say lawyer, ombudsman and consultant
6th May 19, 4:44pm
2
A 'principles-based' approach towards regulating conduct and culture may sound flaky but it's the best option, say lawyer, ombudsman and consultant
David Hargreaves argues that the Government must take a more realistic approach than currently intended in its initiatives on financial conduct
1st May 19, 3:04pm
4
David Hargreaves argues that the Government must take a more realistic approach than currently intended in its initiatives on financial conduct
Rip-off insurance products could be banned, banks made to get 'conduct' licences, insurers given time limits to settle claims, and bank/insurance managers held personally liable for misconduct under law changes being considered
27th Apr 19, 10:30am
13
Rip-off insurance products could be banned, banks made to get 'conduct' licences, insurers given time limits to settle claims, and bank/insurance managers held personally liable for misconduct under law changes being considered
Security Placements Holding, a media shy unlicensed New Zealand registered provider of online derivatives services, set to be caught by changes to the Financial Service Providers' Register
25th Apr 19, 9:31am
1
Security Placements Holding, a media shy unlicensed New Zealand registered provider of online derivatives services, set to be caught by changes to the Financial Service Providers' Register
Amid ongoing activity around the FMA-Reserve Bank review of banks' conduct and culture, a Consumer NZ survey finds one in five bank customers being offered products they didn't request
24th Apr 19, 12:50pm
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Amid ongoing activity around the FMA-Reserve Bank review of banks' conduct and culture, a Consumer NZ survey finds one in five bank customers being offered products they didn't request
Many lawyers are dragging their heels on AML compliance, risking penalties, reputation damage and full-scale police investigations when the regulator begins its inspections later this year
22nd Apr 19, 8:02am
1
Many lawyers are dragging their heels on AML compliance, risking penalties, reputation damage and full-scale police investigations when the regulator begins its inspections later this year
Chapman Tripp says government legislation designed to crack down on predatory lending could drive some borrowers to high cost loans
15th Apr 19, 11:29am
Chapman Tripp says government legislation designed to crack down on predatory lending could drive some borrowers to high cost loans
Supreme Court potentially paves the way for the FMA to take action against ANZ on behalf of Ross Asset Management investors. FMA 'pleased', ANZ 'disappointed'
12th Apr 19, 12:01pm
2
Supreme Court potentially paves the way for the FMA to take action against ANZ on behalf of Ross Asset Management investors. FMA 'pleased', ANZ 'disappointed'
Bank CEO says meeting new regulatory requirements by removing pay incentives linked to sales resulted in an initial drop in sales of up to 20%
10th Apr 19, 5:34pm
Bank CEO says meeting new regulatory requirements by removing pay incentives linked to sales resulted in an initial drop in sales of up to 20%
Financial Markets Authority CEO Rob Everett says regulators and the law should reflect the expectations and needs of society and the goalposts are shifting
8th Apr 19, 10:59am
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Financial Markets Authority CEO Rob Everett says regulators and the law should reflect the expectations and needs of society and the goalposts are shifting
Netsafe says a new central government agency is needed to address the massive growth in online scams and fraud
3rd Apr 19, 3:28pm
1
Netsafe says a new central government agency is needed to address the massive growth in online scams and fraud
FMA and RBNZ say 'thorough' review of responses from 11 banks to conduct and culture review will take several weeks
2nd Apr 19, 9:43am
FMA and RBNZ say 'thorough' review of responses from 11 banks to conduct and culture review will take several weeks
Paul Bublitz receives jail sentence for Viaduct Capital & Mutual Finance role, other directors Bruce McKay & Richard Blackwood get home detention
27th Mar 19, 3:08pm
3
Paul Bublitz receives jail sentence for Viaduct Capital & Mutual Finance role, other directors Bruce McKay & Richard Blackwood get home detention
Joanna Trezise says a Court of Appeal ruling in an FMA vs ANZ case gives useful clarification of the FMA’s step-in powers under the Financial Markets Authority Act
25th Mar 19, 9:38am
Joanna Trezise says a Court of Appeal ruling in an FMA vs ANZ case gives useful clarification of the FMA’s step-in powers under the Financial Markets Authority Act
Auckland foreign exchange broker pleads guilty to running a Ponzi scheme to defraud his clients of more than $7 million
20th Mar 19, 1:13pm
3
Auckland foreign exchange broker pleads guilty to running a Ponzi scheme to defraud his clients of more than $7 million
Update from Stephen Sedgwick says Aussie banks weaning themselves off reliance on pay incentives linked to sales in retail banking
13th Mar 19, 4:27pm
Update from Stephen Sedgwick says Aussie banks weaning themselves off reliance on pay incentives linked to sales in retail banking
FXBTG Financial chases its dream 'indomitably' from NZ's Financial Service Providers' Register as at least 3 overseas regulators issue warnings
13th Mar 19, 7:22am
7
FXBTG Financial chases its dream 'indomitably' from NZ's Financial Service Providers' Register as at least 3 overseas regulators issue warnings
After defeat in the Court of Appeal, ANZ wants to take fight to prevent potential action by the FMA against the bank on behalf of collapsed 'Company X' investors to the Supreme Court
8th Mar 19, 10:34am
3
After defeat in the Court of Appeal, ANZ wants to take fight to prevent potential action by the FMA against the bank on behalf of collapsed 'Company X' investors to the Supreme Court
Harmoney founder says $50 million securitisation programme with BNZ doesn't mean any changes for retail investors
7th Mar 19, 12:29pm
20
Harmoney founder says $50 million securitisation programme with BNZ doesn't mean any changes for retail investors
A resurrection; How Etana Custody Ltd, a company whose CEO & major shareholder has never been to New Zealand, got kicked off NZ's financial service providers' register and then got itself back on
5th Mar 19, 5:00am
3
A resurrection; How Etana Custody Ltd, a company whose CEO & major shareholder has never been to New Zealand, got kicked off NZ's financial service providers' register and then got itself back on
NZ companies, financial service providers and internet domain names embroiled in alleged crime wave at the centre of an extradition battle between the USA and Russia over Russian Alexander Vinnik
21st Feb 19, 5:00am
4
NZ companies, financial service providers and internet domain names embroiled in alleged crime wave at the centre of an extradition battle between the USA and Russia over Russian Alexander Vinnik