Banking and finance

Anti-money laundering/countering financing of terrorism system to be reformed

Anti-money laundering/countering financing of terrorism system to be reformed

Government plans to introduce single-supervisor structure and new funding model

High Court imposes $2.47m penalty on TSB Bank for overcharges

High Court imposes $2.47m penalty on TSB Bank for overcharges

Judge finds breaches of Credit Contracts and Consumer Finance Act's responsible lending provisions

MinterEllisonRuddWatts helps amicaa, The Carlyle Group with $140m financing effort

MinterEllisonRuddWatts helps amicaa, The Carlyle Group with $140m financing effort

The funds will be applied to the management buyout of NPD

High Court awards damages in international asset recovery case

High Court awards damages in international asset recovery case

The case involved fraudulent misappropriations by a Hong Kong broker

Supreme Court rejects appeal in BNZ property dispute case

Supreme Court rejects appeal in BNZ property dispute case

The applicant claimed entitlement to an amount that exceeded the bank's claim

High Court grants preservation order amid dispute over sale of family trust property

High Court grants preservation order amid dispute over sale of family trust property

It was alleged that the trustee had knowingly profited from the deal when they should not have