FMA suing Vero on claims of overcharging customers $8m
Action dates back to allegations of activity from more than eight years ago.
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Latest fromFinancial Markets Authority
Pushpay insider trading case: Accused argues for anonymity
The case is the largest such proceeding in NZ history by the value of shares traded.
Life insurer penalised $700k for misleading customers
"Real harm" after failing to correctly pay cover to some sick or disabled customers.
Andrew Barnes: 14 years on from the GFC, have we learned anything?
Opinion: Many rules are wayward or let people with better lawyers act with impunity.
Life insurance payouts to wronged customers climb to $43m in four years
And the regulator believes there will be more to come.
Te wiki o te reo Māori: What businesses are doing
Businesses have big plans to go even further this year - kōrero nui.
Booster superannuation fund members' details hacked
Thousands of customers have had their information accessed.
Only a third of Kiwis know what to do if their bank or insurer treats them unfairly
New consumer research reveals Kiwis' views on banks and insurers.
Investors relying on 'leap of faith' for ethical fund choice
FMA tells investment managers they need to do better when it comes to ethical funds.
Active vs passive investing: What you need to know
S&P Dow Jones makes a case for passive investing.
KiwiSaver's ostrich effect
It may not feel a priority, but don't ignore KiwiSaver, says FMA.
Watchdog bans $20m scheme for units offering 50% return
Today's move follows an earlier temporary freezing measure.
Equitise fined $7500 for failing to file accounts on time
The company has also been late filing a number of other reports.
Experts welcome FMA 'stop' on Flat Bush 50% return scheme
"The industry as a whole benefits from this type of market regulation," Mark Francis says.
Insider information behind dumping of millions Pushpay shares - FMA alleges
Name suppression continues for defendant who pleads not guilty to rare charge.
FMA moves against Longhorn fund forecasting 50pc return
Watchdog places interim stop order on the scheme.
50% return? Flat Bush developers target wholesale investors
Offer comes amid FMA scrutiny of wholesale investment schemes
Regulator pulled up for poor handling of conflict of interest by former CEO
But review found the conflict of interest did not impact KiwiSaver default appointments.
New FMA boss plans to tackle wholesale investment
Wholesale investments and cybersecurity are in the sights of new regulatory head.
KiwiSaver provider Simplicity told to remove misleading advertising by regulator
FMA says Simplicity's adverts breached fair dealing provisions.
Business Hub: Samantha Barrass on returning home and running the FMA
Samantha Barrass hasn't lived in NZ for 30 years.
Banker behind Ponzi scheme became painter behind bars
The 72-year-old once handled millions of dollars but now dabbles as an artist.
FMA wholesale property fund probe sought investor client names
Some found this "invasive" and worried about handing over the information.
Questions raised over time taken to pursue Pushpay insider trading case
The case stems from when $100 million worth of shares were sold in June 2018.
Market close: NZ shares shaking off nasty January falls
Market follows offshore leads.
Rare insider trading prosecution over Pushpay shares sale
The FMA alleges inside information was used prior to a market announcement in 2018.
Medical Kiwi admits to making false and misleading statements in share offer documents
The company launched a crowdfunding offer in August 2020.
FMA revokes first firm's transitional financial advice provider licence
Regulated financial advisors for retail clients must hold, or operate with, a FAP licence.
Auckland investor loses $700,000 in overseas scam
It has prompted a warning from the financial regulator, urging people to spot red flags.
Finance sector set for 'major blow-up' without crackdown: departing FMA boss
Everett finishes up in his role on Friday after nearly eight years in the top job.
Kiwis struggling to get money back from investments linked to Chinese billionaire
An investor is still trying to recover tens of thousands of dollars he paid to 'G-Clubs'.
FMA censures broker Jarden for derivatives issuer licence breaches by OMF
'A derivatives issuer failing to handle client money appropriately is serious.'
CEO of Kiwi gold mining company given notice amid controversies
New Talisman's chief executive Matt Hill has been given notice.
Watch: FMA warns investors about wholesale schemes
If investors had any concerns around these issues "they should just walk away" - FMA.