The FMA’s head of enforcement, Margot Gatland, says the regulator is sending a message to the industry that even inadvertent and self-reported issues can result in enforcement.
Heartland has to apply a 20% discount on reverse mortgage property valuations in NZ that it doesn't have to apply in Australia.
The government has bowed to public pressure over a proposal to streamline fisheries management.
The Reserve Bank is asking for submissions on its proposed changes to risk-weighting calculations on bank loans.
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