SFO rebuild helps brings integrity to New Zealand’s financial markets 3 Oct 2012The Serious Fraud Office (SFO) today said two recent surveys highlighted the positive impact rebuilding the SFO has had in helping to bring back public confidence in New Zealand’s financial markets.
Independent research conducted by MMResearch™ Limited surveyed complainants and victims of fraud and corruption, as well as the general public.
In a first ever survey of complainants and victims of financial crime found that 97% agreed that the work of the SFO was helping to bring integrity to New Zealand’s financial markets, while a survey of the general public found that 66% agreed that SFO did a good job bringing offenders to account.
SFO Chief Executive, Adam Feeley said, "These results are the collective result of the SFO, Police, Financial Markets Authority and other agencies working together to ensure that we build New Zealand’s reputation as a safe place to invest and do business.”
Mr Feeley also said that, even with the investigations into finance companies largely concluded, the SFO would have to continue to work alongside other agencies, to reassure the public that where financial crime is found, prompt and efficient action will now be taken.
“In the last financial year we commenced 40 new investigations, none of which were related to finance companies, and half of which were jointly worked on with other agencies. The conclusions from this are obvious. Financial crime will continue long after the finance companies are dealt with, and an effective response to it will depend on the SFO working in partnership with other public sector agencies, and with strong support from professional service firms, and the business community.”
24 May 2013 News
New Zealand Government Hon Judith CollinsMinister for Ethnic Affairs 24 May 2013 Collins announces Language Line expansion Ethnic... more
24 May 2013 Business News
Article - BusinessDesk US retailers weighing on orange roughy prices with sustainability concerns, Sanford says May 24 ... more
24 May 2013 Entertainment
Base FM It marks the conclusion of NZ Music Month for 2013 and a new era for Base FM. The team were under much deliberation ... more
23 May 2013 Property
Article - BusinessDesk By Paul McBeth May 23 (BusinessDesk) - DNZ Property Fund, which reported a 14 percent decline in ... more
23 May 2013 Migration
New Zealand Government Hon Murray McCullyMinister of Foreign Affairs 23 May 2013 Media Statement Ambassador to... more
22 May 2013 Travel & Tourism
Queenstown is the world's 25th best destination, according to TripAdvisor. The global travel website released its latest survey... more
24 May 2013 Rugby
All Black lock Ali Williams has announced his retirement from international rugby. The 77-test veteran who made his debut in 2002 made... more
24 May 2013 Column
Gordon Campbell on failures of care for those with mental disabilities, and Murray McCully‘s latest gaffes by Gordon ... more
24 May 2013 People
New Zealand Defence Force A poster showing a soldier’s grave has won 11 year old Sam Sutcliffe, of Kerikeri, first prize... more
23 May 2013 Recruitment
New Zealand Government Hon Steven JoyceMinister for Economic Development Hon Simon BridgesMinister of Energy & Resources The... more