Finance firm CLSA Premium recorded $15m loss before FMA imposed restrictions on trading
16 Mar, 2021 04:42 AM
3 minutes to read
Last year the FMA launched proceedings against CLSAP NZ alleging breaches of the Anti-Money Laundering and Countering Financing of Terrorism (AML/CFT) Act.
Duncan Bridgeman is head of premium business content for the New Zealand Heraldduncan.bridgeman@nzherald.co.nz@Dunc1000
Financial services firm CLSA Premium NZ, formerly KVB Kunlun, slumped to a $15m loss prior to being effectively shut down by the Financial Markets Authority for failing to meet audit and assurance requirements. In accounts just filed to the Companies Office, CLSAP NZ showed a net loss of $14.97m in the year ended December 31, 2019 as operating income tumbled from $77.9m to just $3.26m.
Kiwis invited to celebrate New Year s twice on party jet to Hawaii
15 Mar, 2021 02:55 AM
7 minutes to read
A Spanish businessman is trying to sell tickets on an ambitous New Years charter flight, in the middle of a pandemic. Photo / Katie Hetland, Unsplash
A Spanish businessman is trying to sell tickets on an ambitous New Years charter flight, in the middle of a pandemic. Photo / Katie Hetland, Unsplash
Thomas Bywater is a writer and digital producer for Herald Travelthomas.bywater@nzherald.co.nz@ThomasBywater
Auckland has been chosen as a host city an ambitious time travelling music festival, which promises a week-long party, a charter flight and - not one but - two New Year s Eve parties. But with New Zealand s borders firmly shut, how certain can partygoers be that the trip will ever take off?
Two-day nationwide bank strike from today to protest against privatisation ANI | Updated: Mar 15, 2021 12:11 IST
Mumbai (Maharashtra) [India], March 15 (ANI): The United Forum of Bank Union (UFBU), has called a two-day nationwide strike on March 15 and 16 against the privatisation of public sector banks and retrograde banking reforms .
Banks were seen shut on Monday.
Notice to customers regretting inconvenience caused to them read We advice that UFBU which comprises AIBEA, AIBOC, NCBE, AIBOA, BEFI, INBEF, INBOC, NOBW and NOBO has given a notice to Indian Banks Association, for an all India bank strike adding that online banking facility will be operational on these days.
Conservation Comment: Nuisance fires smoke us all out
14 Mar, 2021 09:04 PM
3 minutes to read
Wanganui Midweek
The smoke billows across the back fence and you have to go inside and shut the windows.
That neighbour is at it again. If you re lucky it is a bit of paper and cardboard that should have been recycled but chances are an acrid smell tells you that the rubbish includes plastic.
Heat, plus plastic and other materials sets off chemical reactions leading to products that irritate the nose, eyes and skin. The plastics may contain chlorine as well as some more complicated additives, so the results of the burn can be an unpredictable brew including known carcinogens such as dioxins.
COLOMBO: Sri Lanka will ban the wearing of the burqa and shut more than a thousand Islamic schools, a government minister said on Saturday, the latest actions affecting the country’s minority.