40 minutes ago

Tiger Brokers NZ is part of group of companies owned by Nasdaq-listed Up Fintech.

Tiger Brokers says "compliance has always been a core principle" after it was fined more than $100 million by the China Securities Regulatory Commission.

New Zealand's largest online brokerage firm will pay the fine, levied as part of a crackdown on illegal cross-border security activities.

"Tiger Brokers has accepted the latest regulatory guidance issued by the China Securities Regulatory Commission in relation to its business in mainland China," Tiger Brokers NZ managing director Vincent Cheung said in a statement to RNZ.