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
Hot Topic
Hawke’s Bay
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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