New Zealand Professional Investment Services Firm

Forsyth Barr

We are proud to be a New Zealand owned firm, with 21 offices throughout the country and over 300 employees. We assist personal, institutional and corporate clients providing a full range of investment services.

Forsyth Barr is a foundation New Zealand Exchange firm (NZX) and accredited market participant. We have been confirmed by the Financial Markets Authority as a Qualifying Financial Entity (QFE).

Research is the cornerstone of our advice. We have one of New Zealand's leading teams of analysts. Our global affiliations ensure comprehensive research coverage of all major investment markets.

New Zealand Professional Investment Services Firm, Forsyth Barr

Equity Bottom-Up

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<li>SkyCity (SKC) has agreed with the New Zealand Department of Internal Affairs (DIA) that it should pay a pecuniary penalty of just NZ$4m in relation to its past anti-money laundering and countering financing of terrorism (AML/CFT) failures.</li>
<li>The breaches span from 2018–2023 and relate largely, but not exclusively, to historical matters. </li>
<li>Further to the agreement with Australian financial crimes unit, AUSTRAC, earlier this year (SKC reiterated late last week that it has agreed to an A$67m penalty plus associated costs), this is another positive development as SKC presses forward in resolving its outstanding regulatory issues. </li>
</ul>


SkyCity (SKC) has agreed with the New Zealand Department of Internal Affairs (DIA) that it should pay a pecuniary penalty of just NZ$4m in relation to its past anti-money laundering and countering financing of terrorism (AML/CFT) failures.
The breaches span from 2018–2023 and relate largely, but not exclusively, to historical matters. 
Further to the agreement with Australian financial crimes unit, AUSTRAC, earlier this year (SKC reiterated late last week that it has agreed to an A$67m penalty plus associated costs), this is another positive development as SKC presses forward in resolving its outstanding regulatory issues. 


SkyCity - Clearing Another Regulatory Hurdle

Skycity Entertainment

SkyCity - Clearing Another Regulatory Hurdle