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.
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Kiwi Wealth sale possibility being explored
Kiwi Wealth has about $9 billion in assets under management.
Beware of the buy now pay later debt trap
Shoppers are being urged not to fall into the debt trap this holiday season.
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, Northland businesses show high debt stress
Uncertainty is hampering small businesses as they try to operate under restrictions.
FMA censures broker Jarden for derivatives issuer licence breaches by OMF
'A derivatives issuer failing to handle client money appropriately is serious.'
Markets watchdog has 'less tolerance' for anti-money laundering breaches
A new report detailed anti-money laundering monitoring insights for the past three years.
PwC to hire 500 more workers and spend $8m digitally upskilling staff
The move is part of a new global strategy for the firm.
Solo mum forgoes food to pay for car loan after lender mistake
The woman was approved for a car loan that she couldn't afford.
An end to super-cheap money? Central banks begin tightening cycle
Financial Times: Central banks are no longer ensuring money is available at low rates.
'Treacherous trio of scams': Markets watchdog issues warning about Covid-19 exploitation
Scammers and fraudsters are exploiting the Covid-19 crisis and economic climate.
Derivatives trading firm hit with $770,000 fine
About $40.8m of the $50m in suspicious transactions related to deposits by two customers.
Disabled woman robbed of $10K by own caregiver in bank fraud
The victim's caregiver altered a withdrawal slip to remove money from woman's account.
Sharesies formally warned for anti-money laundering law failures
The investing platform is cooperating with the regulator to meet its legal obligations.
All Blacks logo used by fake Canadian bank in suspected scam
In a global game of whack-a-mole there's little authorities can do but warn against scams.
Business Hub: Laybuy founder on going from a big retail boss to a start-up entrepreneur
He started Laybuy with just his family and now has 100 employees in just four years.
NZ's largest life insurer faces $700,000 fine for misleading customers
AIA's behaviour exacerbated and prolonged the harm to vulnerable customers, watchdog says.
FMA censures Wellington firm over unpermitted investment advice
FoxPlan's authorised financial advisers may have not complied with disclosure obligations.
FMA sees increase in insider trading complaints during Covid-19
The pandemic has also seen aggressive marketing for unregulated products such as crypto.
High Court considers penalty for derivatives trader's breaches
The FMA said the firm failed in its legal obligations over nearly $50m in transactions.
Aussie firm lets staff choose their own work hours
Company announces a radical policy that involves staff ditching 9-5 work week for good.
Failure to provide evidence of financial hardship triggers mortgagee sale
Hardship applications not to be relied on indefinitely, warns dispute resolution scheme.
Job vacancies surge past pre-Covid levels
A third monthly record for SEEK job adverts shows labour market stretched to limit.
Millennials' financial confidence shaken by Covid
Soaring house prices likely to blame for a rise in financial anxiety of millennials.
$15m fraudster's wife speaks: I've lost everything too
Svetlana Spectra says finding out about her husband's thefts 'almost killed me'.
Shares trader behind $10m Ponzi scheme loses final appeal bid
Steven Robertson stole millions from his clients to fund a lavish lifestyle.
Abuse of NZ shell companies and trusts highlighted in global report
Sectors like banking and real estate were identified for potential vulnerability.
Markets watchdog warns fund managers about advertising phenomenal investment returns
Promoting gains without context can be misleading.
Business Hub: FMA official watching for banks behaving badly
Bolingford will use her experience handling UK banks during the GFC.
ANZ fined $280,000 for misleading credit card insurance policies
"ANZ simply was not looking or looking adequately in the right places."
Derivatives firm director a 'gun for hire', says FMA
Pegasus Markets was earlier fined $200,000 for the breaches.
Chief Ombudsman 'pre-determined' his decision - High Court
Emails to Trevor Mallard 'exposed the Chief Ombudsman's real view', says judge.
ANZ credit card insurance breaches go back decades - court told
"It took time to chase rabbits down holes and identify what had gone wrong."
GameStop soars again; Wall Street bends under pressure
GameStop has been on a stupefying 1,600 per cent run over the last three weeks.