Serious Fraud Office now investigating CBL alongside Reserve Bank, FMA

Wed, 27 Jun 2018

By Sophie Boot June 27 (BusinessDesk) - The Serious Fraud Office is now investigating CBL Insurance and associated entities, adding to investigations by the Reserve Bank and Financial Markets Authority. Auckland-based CBL Corp had its stock suspended from the NZX on Feb. 8 amid concerns from NZX Regulation about the information it had given the market, following engagement between it, CBL, the Financial Markets Authority, the Reserve Bank, and a number of overseas regulators with prudential oversight of CBL’s international insurance busi...

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