Financial service providers warned of FMA’s hard line approach

Post author By New Zealand Blog News Service
Post date November 3, 2021

The Financial Markets Authority is warning financial service providers not to expect leniency when they dob themselves in after breaking the law.

Tory Whanau may have to sell Wellington mayoralty to make ends meet September 20, 2024
Tory Whanau has revealed that she’s struggling so much financially that she may have to part with her beloved mayoralty, that of New Zealand’s capital city, if she’s to fund her ever-diminishing lifestyle. Whanau was elected to lead Wellington in 2022, winning an overwhelming victory against the incumbent mayor: the evil version of Jason Gunn. […]
Ben Uffindell
Ukrainian militia receives defective shipment of pagers that just send and receive messages September 18, 2024
There’s been a major setback for one Ukrainian-backed militia on the Russian border, after the group ordered a large shipment of pagers to use as improvised explosive devices. The plan was to litter the pagers throughout abandoned homes and buildings in hopes of wounding Russian soldiers. But upon arrival of the shipment, routed through the […]
Ben Uffindell
Government directs Te Puni Kōkiri to conduct Māori Language Week in English September 17, 2024
The coalition government has issued a directive to Te Puni Kōkiri, the Ministry of Māori Development, instructing them that – in the interests of clear communication – they are to conduct this year’s Māori Language Week primarily or exclusively in English. The directive is in line with the Government’s policy – signaled when they came […]
Ben Uffindell
Government celebrates fact that New Zealand’s healthcare is so good people are queuing up for it at 5am September 17, 2024
At yesterday’s post-cabinet press conference, Prime Minister Christopher Luxon, flanked by his Health Minister Shane Reti and someone we can’t independently verify was a real sign language interpreter, announced that he had some positive news for the country. “Alright team, I’m just going to hand over to uh, Dr. Shane, because I think he’s got […]
Ben Uffindell
Heartwarming: Thoughtful driver uses indicator to tell you what they’ve just done September 17, 2024
It’s 4:10pm in the morning, and you’re in the middle lane heading north on the great southern motorway of our nation’s capital, Auckland. There are no cars directly in front of you, but quite a few in the lane to your left. Suddenly, without warning, a black ute enters your lane, cutting in front of […]
Ben Uffindell
NPC teams will now be allowed to actually use the Ranfurly Shield in play September 17, 2024
Following decades of controversy, the governing body of New Zealand rugby, New Zealand Rugby, has ruled that the team currently holding the Ranfurly Shield may once again use it in play during the National Provincial Championship (NPC). The ruling restores the utility of a prize that for many years was rendered merely symbolic, after the […]
Ben Uffindell
Police say they won’t respond to bomb threats anymore as ‘it’s never anything’ September 16, 2024
Police Commissioner Andrew Coster says that New Zealand’s police force will no longer respond to bomb threats, in an attempt to cut costs and redirect police resources to less boring activities. Coster said that threat response and bomb disposal was a “fairly obvious” area for downsizing, as bomb threats are “never anything”, a “huge waste […]
Ben Uffindell
Air New Zealand flight attendant named CEO after one year on job November 30, 2021
New Zealand’s national carrier, Air New Zealand, has expressed great enthusiasm in announcing its new CEO today: 51-year-old Nathan Guy, a flight attendant who has spent about 1200 hours on the job. Guy joined the company as a fresh-faced, wide-eyed flight attendant serving now-reduced domestic routes in November of 2020, and has since spent a […]
Ben Uffindell
National Party board denies it unanimously agreed to Collins’ Faustian bargain with Satan November 26, 2021
National Party president Peter Goodfellow is today issuing a strong denial on behalf of the party’s board, saying they did not, at any point, agree to the Faustian bargain that National leader Judith Collins struck with the Evil One, Son of Perdition, the Devil Satan himself. When Collins became the leader of the National Party […]
Ben Uffindell
Super Saturday recap: Patrick Gower doesn’t know what he’s supposed to do October 16, 2021
It was Aotearoa’s first national day of action in over ten years, the first since 2010, when Prime Minister John Key tried to inspire us to clean up our nation’s berms. It didn’t work. Today, New Zealand’s berms are worse than ever. But history is not destiny, and other cliches. Today, we tried again, this […]
Ben Uffindell

ODT quiz: March 5 March 4, 2025
‘Early input’ sought on use of health trust land March 4, 2025
West Otago Health Trust chairman Will Byars inspects a recently acquired hectare of land adjoining the trust’s existing health facility in Tapanui yesterday. PHOTO: RICHARD DAVISON Continuing demand for localised rural healthcare will lead to the expansion of a facility on to adjoining land in West Otago.
Richard Davison
Wind farm decision time extended to legal maximum March 4, 2025
The decision on whether the Slopedown wind farm, near Wyndham, in Southland, will go ahead has been delayed again, but will definitely be delivered on March 18.
Proposed subdivision opposed March 4, 2025
Gary Rae A proposed subdivision in Bannockburn would compromise the special and unique character of the small settlement and would be a ‘‘gross abuse’’ of council plans and policies, a hearing was told yesterday.
Former Westland Milk head to run Synlait March 4, 2025
Richard Wyeth Dairy company veteran Richard Wyeth has taken on a new challenge to lead Synlait Milk after turning around Westland Milk Products.
Tim Cronshaw
Peta claims addressed by merino firm March 4, 2025
Breaches of the ZQ and Responsible Wool Standard (RWS) have been identified following a New Zealand Merino’s (NZM) investigation into two properties identified in confronting covertly-filmed shearing footage.
Sally Rae
Flood warning system advances on agenda March 4, 2025
Dr Jean-Luc Payan The impact of heavy rain on the region will be better understood as a raft of improvements to Otago’s flood warning system continues, a report to regional councillors says.
Hamish MacLean
Site not ruled out: McDonald’s March 4, 2025
Fast-food giant McDonald’s is not giving up on its prime location in Wanaka.
Debut for Inglis in abandoned match March 4, 2025
Photo: Getty Images White Ferns wicketkeeper Polly Inglis prepares to catch a return during the abandoned first ODI against Sri Lanka at McLean Park in Napier yesterday.
Muller, McKay return to lead Otago attack March 4, 2025
Travis Muller. The red-ball specialists are back.
Adrian Seconi

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