FMA defends ‘self-reporting’ regulation
Five recent fair dealing cases involving big financial services firms have arisen after issues were self-reported to the regulator.
Hamish McNicol
Tue, 18 Oct 2022
The Financial Markets Authority has defended that its last five fair dealing court cases have arisen from those firms self-reporting issues, saying they only came about because it asked for the information in the first place.
Yesterday, the FMA filed High Court proceedings against Vero Insurance NZ
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Hamish McNicol
Tue, 18 Oct 2022
Contact the Writer: Hmcnicol@nbr.co.nz
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