close
MENU
Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
General Business
2 mins to read

RBNZ, FMA defend roles in CBL debacle

Insurer’s historical illegal conduct in the US not significant, they say.

Tim Hunter
Thu, 27 Sep 2018

The heads of the Reserve Bank and the Financial Markets Authority have defended their handling of insurer CBL’s licensing and float in light of the company’s extraordinary implosion.

NZX-listed CBL, valued by the market at $747 million before its shares were suspended in February, was hit by

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace

Yearly Premium Online Subscription

NZ$499.00 / yearly

Monthly Premium Online Subscription

NZ$44.95 / monthly

Smartphone Only Subscription

NZ$24.95 / monthly

Premium Group Membership 10 Users

NZ$350+GST / monthly

$35 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Already have an account? Login
Tim Hunter
Thu, 27 Sep 2018
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
RBNZ, FMA defend roles in CBL debacle
General Business,
76623
true