Search Results for: New Zealand

Reserve Bank raises OCR to 2.75 percent

March 13th, 2014 (0)
The Reserve Bank today increased the OCR by 25 basis points to 2.75 percent. New Zealand’s economic expansion has considerable momentum, and growth is becoming more broad-based. GDP is estimated to have grown by 3.3 percent in the year ...

Regulators Zone

February 4th, 2014 Comments Off on Regulators Zone

FMA warns firms under Anti-Money Laundering and Countering Financing of Terrorism Act

February 8th, 2017 (0)
The Financial Markets Authority (FMA) has issued a formal warning to 12 reporting entities under section 80 of the Anti-Money Laundering and Countering Financing of Terrorism Act (the Act). Under section 59(2) of the Act, the FMA required reporting ...
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