Banking and financeBrokerage backed itself to get licenceAn Auckland currency brokerage that was in breach of its reporting requirements and shut down last week after an unexpected surge in the Swiss franc never considered it would not get a new licence....22 Jan 04:00 PM
Banking and financeBrokerage returns clients fundsGlobal Brokers NZ has so far returned more than half of its clients' funds, says the Financial Markets Authority.21 Jan 04:00 PM
OpinionHelen TwoseKiwiSaver: It pays to keep tabs on providers' feesKiwiSavers collectively had more than $21 billion in their accounts. Those are some pretty big numbers, so what do fees mean for individual KiwiSaver balances?19 Jan 04:00 PM
Banking and financeTraders pay price for Swiss franc moveGlobal fallout from the shock decision by Switzerland's move to remove the cap on the franc has widened with more traders and hedge funds closing or facing escalating losses.18 Jan 04:00 PM
CrimeKnock-back for Ross ponzi investorsThe Commerce Minister has rejected a request from David Ross' burned investors to look into the country's claw-back regime as the first court case looms.04 Jan 10:50 PM
Banking and financeNo action on South Canterbury FinanceNew Zealand’s market watchdog has confirmed it won’t take any action following its inquiry into South Canterbury Finance.16 Dec 10:25 PM
Banking and financeInvestors must demand better governanceInstitutional shareholders need to place more focus on demanding quality corporate governance from firms they have investments in, says FMA chief executive Rob Everett.14 Dec 04:00 PM
Banking and financeBanks face warning from FMAThe Financial Markets Authority has warned it may name and shame banks or even restrict their licences if alleged KiwiSaver mis-selling and switching practices are allowed to continue.11 Dec 04:00 PM
Banking and financeFMA chases estate of dead finance manThe market watchdog is targeting the estate of deceased director Terry Butler in its lawsuit against the former board of Dominion Finance.04 Dec 04:00 PM
Banking and financeFMA targets estate of deceased directorThe FMA is targeting the estate of deceased director Terry Butler in its lawsuit against the former board of Dominion Finance.04 Dec 02:40 AM
Banking and financeFMA prefers Hanover deal to trialThe FMA says it would prefer to settle its civil action against six businessmen associated with Hanover Finance, and its chief executive says he is "still hopeful" a deal can be reached.01 Dec 04:00 PM
OpinionHappy Financial Markets Conduct Day! - Now time for businessSue Brown, corporate partner at law firm DLA Phillips Fox and former FMA executive says there's an important choice to be made today - when the Financial Markets Conduct Act comes fully into effect.30 Nov 08:30 PM
Banking and financeFinance law reform focuses on investorsA once-in-a-generation overhaul of securities law will put the focus firmly back on investors.30 Nov 04:00 PM
Banking and financeFMA lawsuit a sign of things to comeNew Zealand's market watchdog has for the first time stood in the shoes of out-of-pocket investors and exercised its right to sue for them.27 Nov 04:30 PM
Banking and financeMost pass financial advice testNew Zealand's market watchdog has declined only one financial adviser application since the collapse of David Ross' Ponzi scheme two years ago.23 Nov 04:00 PM
BDBDBanking and financeCrowdcube granted crowd funding licenceThe FMA has licensed Armillary Capital's equity crowd funding platform, Crowdcube.18 Nov 02:50 AM
Banking and financeMarket watchdog targets bad KiwiSaver adviceThe boss of the FMA says poor KiwiSaver advice and reckless selling of financial products will be key focus areas for the regulator.29 Oct 10:30 PM
Banking and financeKiwis vague on risky money optionsNew Zealanders have a solid understanding of low risk investments such as term deposits, but are less knowledgeable about more risky options like shares, according to research commissioned by the....13 Oct 04:00 PM
Banking and financeHigh noon for the repo menDebt collectors and repo men need to clean up their act says the Commerce Commission, which next year gets new powers to directly crack down on shoddy practices.07 Oct 04:00 PM
Banking and financeAuto-finance firm to repay overcharged customersMore than 800 customers of a consumer loans company will get back $3.3 million after they were overcharged for interest and fees.06 Oct 11:46 PM
Banking and financeFMA issues warning about building societyThe Financial Markets Authority has today issued a warning about General Equity, which it considered has "engaged in misleading and deceptive conduct."29 Sep 10:48 PM
Banking and financeSPI reporting dispute 'close to resolution'Two property fund directors accused of filing company statements late are in discussions with the FMA and are "close to reaching a resolution" of the charges they face.28 Sep 10:53 PM
