
Kiwis losing millions to investment scams
Kiwis are losing millions a year to illegal investment scams that the Financial Markets Authority is trying to crack down on.
Kiwis are losing millions a year to illegal investment scams that the Financial Markets Authority is trying to crack down on.
The Financial Markets Authority has released a draft version of a guidance note encouraging KiwiSaver providers to give advice.
It will take years to restore trust in the finance industry says the boss of New Zealand's investment regulator.
Fees have been paid out to help distribute the $18 million settlement reached last year between the FMA and Hanover.
In High Court, the FMA accused Mark Warminger of breaching securities law in relation to 10 sharemarket trading actions and seeking financial penalties.
The portfolio manager was under pressure from Milford over the performance of funds at the time of his alleged market manipulation.
Milford Asset Management's Mark Warminger is fighting the Financial Market Authority's lawsuit against him.
The country's first fraud film festival is being staged in Auckland to try spur discussion about detecting and preventing financial
The market manipulation case against former portfolio manager Mark Warminger kicks off in the High Court at the end of the month.
Unguaranteed investors in failed finance company Viaduct Capital are likely to get back around 10 to 15 cents in the dollar.
Accused property developer Paul Bublitz has denied the existence of a conspiracy in a plan to purchase finance companies.
The companies linked to Paul Bublitz and his co-accused collapsed in 2010, owing investors a total of $17 million.
Financial service providers have been told to put their customers' interests first in a new guide outlining how the regulator wants
COMMENT: Hard yards are still to come as financial market regulatory rebuild nears its completion.
The Government plans to raise the threshold that businesses must meet to make it on to the Financial Services Providers Register over
Prosecutors and the defence are gearing up for the last failed finance company trial, more than a decade after failures began to rock
A planned law change is to aid the rise of "robo-advice" in New Zealand and for Kiwis to get more financial guidance online.
A man described in 2010 as an investment manager whose company catered to the wealthy is being investigated by the SFO and FMA.
A group of insurance advisers appear to be 'churning' customers - meaning better commission payments for them - and worse cover for clients.
A company director who made false statements in financial accounts has been sentenced to four months' home detention and 200 hours'
Details of the case against Milford Asset Management's Mark Warminger were revealed in court today.
The FMA says it doesn't believe an information pack for shareholders on the merits of a takeover by Shanghai Maling was misleading.
Financial Markets Authority boss Rob Everett delivered the speech reflecting on the organisation five years after it was established.
The markets watchdog has ordered a foreign exchange educator to change its marketing that it alleges was misleading or deceptive.
KiwiSaver providers have been told by the market regulator to stop treating members as 'cash cows'.
One of the country's largest broking firm has been handed a formal warning after it breached anti-money laundering laws.
Mother who handed over $50,000 among Benjamin Kiro's victims
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