logo

New Zealand Regulator Censures Western Union for License Breaches

New Zealand Regulator Censures Western Union for License Breaches

The company failed to maintain net tangible asset requirements at certain times.

However, it maintained the ability to replenish the required NTA levels.

New Zealand’s financial industry watchdog, Financial Markets Authority (FMA), has censured Western Union Business Solutions (Australia) Pty Ltd for violating net tangible assets (NTA) requirements for a derivatives issuer license holder.

Comment (0)
Show more

Post Your Comment

user
user
email

Newsletter Subscription

Subscribe to our daily newsletter and get the best forex trading information and markets status updates

Stay With Us
Currency Exchange
1.00 USD = 0.67 GBP
FIXIO Home Home FIXIO Deposit Deposit
FIXIO Promotion Promotion FIXIO Support FAQ
Telegram WhatsApp Instagram X X (Twitter)
-->