A targeted campaign will be launched to improve supervisory oversight in the capital market and enhance corporate governance in listed companies.
The RBNZ will also consult on re-instating LVR restrictions, maintain dividend restrictions for banks, and launch a new facility to provide cheap funding for banks.
The National Bureau of Investigation is examining the financial transactions of a law firm office that appears to have provided legal services to Wirecard and Jan Marsalek.
China's Foreign Ministry says the move is a violation of the basic norms governing international relations, urging the US to withdraw the sanctions.
The ‘Disclosure Guide’ will help advisors comply with the changes to disclosure requirements under the new financial advice regime which comes into force on 15 March 2021.
A new cash-settled silver futures contract will launch on Monday. A Japanese rubber futures contract will launch by year-end.
The former senior partner of a law firm acquired shares in Worldwide Holdings in the months leading up to an announcement that the firm would be privatised.
Under the proposed rules, the PBOC will be able to sanction financial holding companies whose directors, supervisors, and senior officials do not meet the job requirements.
Debenture trustees will have to independently cerify an issuer's assets and ensure they are adequate for a proposed issue of debt securities.
The appointments reflect the FMA's support for innovation in financial services and a commitment to supporting New Zealand’s transition to a greener financial system.