The Financial Markets Authority says it has filed its civil proceedings in the High Court in Auckland and is seeking monetary penalties and court costs. Photo: ShutterstockThe Financial Markets Authority says it has filed its civil proceedings in the High Court in Auckland and is seeking monetary penalties and court costs. Photo: Shutterstock
The Financial Markets Authority says it has filed its civil proceedings in the High Court in Auckland and is seeking monetary penalties and court costs. Photo: Shutterstock
Business /  Banking & Finance

New Zealand regulator sues Hong Kong forex trader for money laundering, terrorism financing law breaches

  • New Zealand arm of CLSA Premium accused by regulator of failing to conduct due diligence, report suspicious transactions
  • Transactions at issue occurred between April 2015 and November 2018, according to Financial Markets Authority
Topic |   Banking & Finance
Chad Bray
Chad Bray

Updated: 10:54pm, 23 Jun, 2020

Why you can trust SCMP
The Financial Markets Authority says it has filed its civil proceedings in the High Court in Auckland and is seeking monetary penalties and court costs. Photo: ShutterstockThe Financial Markets Authority says it has filed its civil proceedings in the High Court in Auckland and is seeking monetary penalties and court costs. Photo: Shutterstock
The Financial Markets Authority says it has filed its civil proceedings in the High Court in Auckland and is seeking monetary penalties and court costs. Photo: Shutterstock
READ FULL ARTICLE