The Securities Commission (SC) recently published its annual report for 2023. There were many important statistics in the report regarding the capital markets, but one of the most worrying data points is related to scams and unlicensed activities.
A five-minute phone call left Katherine Corry’s bank account drained of money she had put aside for her son’s funeral.
On September 26 Corry was sent a te
A vulnerable 84-year-old widow lost more than $100,000 after scammers hacked her elderly friend’s Facebook account and convinced the victim to send money t
The banking sector has announced a raft of new measures to fight fraud and counter the growing scourge of scams.
NZ Banking Association chief executive Ro
Macro policies such as the overnight policy rate (OPR) must be adjusted in line with the strengthening economy, says Bank Negara governor Tan Sri Nor Shamsiah Mohd Yunus.