Latest from Financial Markets Authority

'A win': Banks strike cash settlements with scam victims who lost $400k

An elderly victim made 13 offshore money transfers to scammers with help from bank staff.

Du Val group: Firearms seized when Remuera property raided

Firearms were seized when authorities went to the Du Val owners' home.

Owners of Du Val-managed Lakewood Plaza units pay millions after water mains burst

'Millions of dollars in repairs, ridiculously expensive': owner paying $30,000.

Du Val investor worried after interim receivership

'It’s been nearly two years since I’ve been paid anything.' - Du Val investor

'Rent will continue' - Du Val to worried apartment landlord

Around 500 people live in the high-rise.

Scope of Du Val businesses revealed: 64 entities now in PwC hands

The apartment and townhouse development group has been put into interim receivership.

Du Val Group in receivership: Why the FMA and police swooped, and what next?

One increasingly worried subcontractor complained of being owed around $500,000.

Auckland property developer placed into interim receivership, police at property

Around 120 investors put money into Du Val entities.

Kiwibank manager helped customer send $300k to scammers months after FMA warning

“I’m on anti-anxiety medication. I can’t work. What have I got to look forward to?"

Southern Cross insurance arms issued warning after overcharging premiums

The failure to properly apply discounts took place over a prolonged period.

Former CBL boss Peter Harris admits continuous disclosure breaches, misleading conduct

Another chapter in the long-running saga between CBL and market watchdog.

$1b+ Oyster Group fund suspends investor withdrawals, selling properties

It says the fund must keep capital to meet its needs and service higher borrowing costs.

'I was a victim too': Young mum linked to $1m loss blames Nigerian scammer

Aimee Rodda has dodged charges.

Former Napier mortgage broker sentenced for falsifying loan applications

Natalie Ann Carter applied for seven loans totaling nearly $3 million.

SFO opens investigation into collapsed cryptocurrency platform Dasset

Some $6.3m is missing and liquidators can't locate the failed company's chief executive.

National U-turns to keep new conduct regime for financial institutions

Minister proposes consolidating licensing requirements.