Bank complaints: 21,000 in three months
First time complaint numbers have ever been revealed for the banks.
AdvertisementAdvertise with NZME.
Latest fromFinancial Markets Authority
Former CBL boss Peter Harris appears in court over fraud charges
CBL had a market value of $747m when its shares were suspended from trading in 2018.
GFC fraud case: Ex-board member wants costs after partial-acquittal
Paul Bublitz was released from prison last year after a successful appeal.
Buoyant investor confidence worries regulator
Investor confident didn't fall despite coronavirus outbreak causing market volatility.
Alleged $50m money laundering breaches for Hong Kong subsidiary
The accused company provides financial services, including broking and derivatives.
Businessman pleads guilty in fake foreign investment fraud case
The FMA said the fraudster obtained just under $100,000 from those he contacted.
'As good as John Key': Bragging trader used stolen millions to fund luxury life
Steven Robertson used stolen millions to fund a luxury, jet-setting lifestyle.
Be wary of fishhooks in insurance industry's financial relief, Regulator warns
Will taking an insurance premium holiday cost you more later?
FMA clamps down on misleading Covid-19 insurance ads
The FMA is clamping down on behaviour that preys on the Covid-19 crisis.
Reserve Bank told of FE Investments' imminent failure
The Reserve Bank recognises the financier's failure is "distressing".
$7m Ponzi scheme: Foreign exchange broker wins appeal
Kelvin Wood was once a highly successful financial investor but lost his clients millions.
Gillian Boyes: NZ women must focus on investing in 2020
Hopefully the 2020s is the decade New Zealand women finally achieve financial equality.
Intueri promoter reacts to potential A$100m class action suit
Arowana threatens legal action of its own
FMA privacy breach extends to six cases, KPMG to investigate
The FMA apologises for privacy breach.
Private jet, flash cars and the $10m Ponzi scheme: Businessman jailed
Steven Robertson told one of his victims he was "as good as John Key".
FMA shuts down website after privacy breach revealed
The FMA has shut down its website to get to the bottom of a privacy breach.
Banks to face hefty fines for putting 'profits ahead of people'
Sales-based incentives for bankers will be made illegal by the Government
Life insurers need to lift their game - regulators
Life insurers have failed to deliver adequate responses to a Conduct and Culture review.
Continuous disclosure: Supply and demand issues out of kilter
The Capital Markets 2029 report had a surprising focus.
ANZ should have disclosed sale of $6.9m Hisco mansion - FMA
Sale of house wasn't disclosed in 2017 financial statements.
Fraud's multi-million dollar deception funded lavish lifestyle
The unauthorised financial adviser faced nearly 50 charges for misappropriating funds.
Businessman freed from prison, another exonerated in GFC fraud case
The Court of Appeal quashed several convictions after a challenge by three businessmen.
A man handed his retirement savings to his adviser. Then the SFO swooped.
Investor fears retirement fund is gone after financial adviser of 25 years investigated.
FMA issues stop order against Syndicated Trusts Ltd
The Financial Markets Authority has issued a rare stop order, and a warning to the public.
Finance regulator accused of conflict of interest failure
The finance regulator has been accused of failing to manage a conflict of interest.
Bublitz, McKay, Blackwood sentenced for GFC crimes
When the two firms went into receivership in 2010 investors were owed $17 million.
Top accountant guilty in multi-million McDonald's deal
He bought a million shares a day after a deal was secured with the fast food giant.
Continuous Disclosure: Tip Top sale problematic, and sun setting on Sky TV
Market news and opinion.
New fin-tech to give KiwiSaver advice
New online service uses algorithms to help customers choose the right fund.
Financial directors guilty of GFC crimes
Three men were on trial for deliberately misleading investors during the crisis of 2008.
Customers sold insurance policies they couldn't use - FMA, RBNZ report
One insurer sold life insurance to foreign clients, despite it only being available in NZ.
Finance directors' nervy wait over alleged GFC crimes
Three men are accused of stealing capital from two firms which owed investors $17m.
Man pulls father-in-law out of scam, family still loses $80K
The son-in-law's actions came too late to stop the $80,000 from being stolen.