Law & Regulation

The FMA is running out of patience

Dan Brunskill
Thu, 24 Sep 2020

Dan Brunskill
Thu, 24 Sep 2020
Uninformed financial service directors who are failing to manage their firm’s conduct and compliance risks will be met with stricter enforcement, the Financial Markets Authority says.   A review of the regulator’s monitoring activities found there was “significant weakness” in some boards of directors—who had little understanding of their licence obligations—and that some entities had taken “few, if any” steps to evaluate or improve their conduct and culture.“Effective management o...

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Fattening bank margins at odds with RBNZ's low rate policy
Jenny Ruth | Thu, 06 May 2021

Bank profits should fall when interest rates are falling but two of New Zealand's largest banks, ANZ Bank NZ and Westpac, are reporting improved profitability.

Fonterra caps shareholders' fund – but axe looms
Rebecca Howard | Thu, 06 May 2021

Fonterra chair Peter McBride says "surprise" move to cap the shareholders' fund wasn't taken lightly, but farmer control of the co-op must be protected.

Technology FREE
Te reo Māori included in Google’s new language tool
Henry Burrell | Thu, 06 May 2021

The interactive project aims to encourage the use of ten indigenous global languages. 

Partner Content
Productivity concerns and signs of stagflation

Inflation is to be expected in New Zealand, and whilst costs and prices rise, output capacity appears constrained, at least in the short-term; raising the possibility of stagflation.

What you do matters - keeping our crowded places safe

FIRST Security's Chief Operating Officer Steve Sullivan looks at how venue operators and event organisers can implement the new government strategy to protect staff and visitors from armed attacks.