CLSA Premium NZ to pay 0k for breaching duties as financial service provider

CLSA Premium NZ to pay $770k for breaching duties as financial service provider

The financial services company CLSA Premium NZ (CLSAP NZ) has been ordered to pay $770,00 for breaching anti-money laundering rules. Photo: 123RF The Financial Markets Authority (FMA) filed proceedings against the Hong Kong owned derivatives issuer, formerly known as KVB Kunlun, claiming that the company failed to meet its duties under anti-money laundering and countering

After scrutiny, Premium Mortgage vows to boost loans to people of color | News

After scrutiny, Premium Mortgage vows to boost loans to people of color | News

A Rochester-based mortgage lender has pledged to invest $500,000 in loan incentives to homebuyers in historically-disadvantaged communities across upstate New York after coming under scrutiny for its lending patterns by state regulators. The move by Premium Mortgage follows a state Department of Financial Services report on mortgage lending practices in the Buffalo area that cited