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Major banks and insurers now report regularly to the FMA and the Reserve Bank on how they are treating their customers, and the reviews led to the creation of the Financial Markets (Conduct of Institutions) Amendment Bill, which will require banks and insurers to treat customers fairly if they wish to keep their licences to do business. Under Everett, the FMA concluded cases against finance company directors whose companies had failed and wiped out the savings of many older investors. The FMA also cracked down on overseas companies using the Financial Service Providers Register to pretend they were regulated in New Zealand while selling risky financial services to unsuspecting overseas investors.

New zealandUnited kingdomAdrian orrMark toddRob everettFinancial service providers registerFinancial markets authorityReserve bankFinancial marketsAmendment billபுதியது ஜீலாந்துஒன்றுபட்டது கிஂக்டம்குறி டாட்கொள்ளை எவரெட்நிதி சேவை வழங்குநர்கள் பதிவுநிதி சந்தைகள் அதிகாரம்