Collateral damage: how the war on ‘woke banking’ could backfire on New Zealand
Claims that sustainability goals are making banks ‘woke’ might be effective populist politics. But undermining their risk ...
New Zealand Shares Fall 1.2% on Broad-Based Weakness
New Zealand’s NZX-50 closed 1.2% lower at 12880.36, dragged to its largest one-day fall in more than two weeks from broad-based weakness.
Economic ‘green shoots’ and lower interest rates disguise worrying trends in NZ’s job market
Interest rates are due to drop again, and the government is talking up recovery. But unemployment data suggest deeper ...
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Fonterra says FY earnings will be in 'upper half' of range
Fonterra Co-operative Group is more optimistic about its full-year earnings and has lifted its forecast milk collection.The ...
Newsroom2d
Crypto exchange-traded funds are no fleeting trend
The crypto ETF phenomenon signals the mainstreaming of digital assets into global financial markets. New Zealand can lead the ...
Making banking fairer, more accessible for everyone should be the Government’s focus – Arena Williams
For years, Labour has argued banking should be more accessible and affordable for all Kiwis. We pushed for competition in the ...
Individual Ordered To Pay Compensation And Pecuniary Penalty For Making False Or Misleading Representations
Rangi Wyatt Stephen Savage Seniorhas been ordered to pay compensation of $126,214 to investors and a pecuniary penalty of $142,500 for breaching the Financial Markets Conduct Act 2013 (the FMCA). The ...
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NZ regulator clarifies licensing requirements for e-money and payment service providers
Instead, providers will have a range of obligations under New Zealand’s financial services regulatory regime, either through the Financial Markets Conduct Act, or the Non-bank Deposit Takers Act.