Tiger Brokers (NZ) Limited

June 2023 - The Auckland High Court has ordered Tiger Brokers (NZ) Limited to pay $900,000 for breaching the Anti-Money Laundering and Countering Financing of Terrorism (AML/CFT) Act 2009 (the Act), in proceedings brought by the FMA.  

• Related media release: Tiger Brokers to pay $900,000 penalty for multiple AML/CFT Act breaches 

December 2022 - FMA filed civil High Court proceedings against Tiger Brokers (NZ) Limited for allegedly breaching the Anti-Money Laundering and Countering Financing of Terrorism (AML/CFT) Act.

• Related media release: FMA files court proceedings against Tiger Brokers, alleging AML/CFT Act breaches

April 2020 - FMA issues a formal warning to NZX-accredited broker Tiger Brokers (NZ) Limited for failing to have several adequate anti-money laundering protections in place.

• Download the formal warning issued to Tiger Brokers (NZ) Limited (FSP473106)
• Related media release: FMA issues warning to Tiger Brokers and six firms for anti-money laundering breaches