{"id":631221,"date":"2026-10-15T08:56:55","date_gmt":"2026-10-15T08:56:55","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/631221\/"},"modified":"2026-10-15T08:56:55","modified_gmt":"2026-10-15T08:56:55","slug":"christchurch-lender-4j-enterprise-ltd-fined-15000-for-unregistered-lending","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/631221\/","title":{"rendered":"Christchurch lender 4J Enterprise Ltd fined $15,000 for unregistered lending"},"content":{"rendered":"<p class=\"FxSPvgIxedhFU\" style=\"display:none\">Director Hope Suan and senior manager Juvy Suan pleaded guilty as parties to the company\u2019s offending. They were sentenced in the Christchurch District Court to 140 hours and 150 hours of community work respectively.<\/p>\n<p class=\"FxSPvgIxedhFU\" style=\"display:none\">Louise Unger, executive director for response and enforcement at the Financial Markets Authority (FMA), said lenders providing consumer credit had to meet the applicable registration and licensing requirements.<\/p>\n<p class=\"FxSPvgIxedhFU\" style=\"display:none\">\u201cThese requirements are there to help ensure lenders meet minimum standards and can be held accountable for complying with New Zealand\u2019s consumer credit laws.<\/p>\n<p class=\"FxSPvgIxedhFU\" style=\"display:none\">\u201cIf you need a licence and registration, have them in place before you lend.<\/p>\n<p class=\"FxSPvgIxedhFU\" style=\"display:none\">\u201cDespite 4J being told in May 2024 that it couldn\u2019t lend without being registered, or being certified by the Commerce Commission, which was the requirement at the time, it carried on for another 18 months.\u201d<\/p>\n<p>Stay ahead with the latest market moves, corporate updates, and economic insights by subscribing to our <a href=\"https:\/\/www.nzherald.co.nz\/my-account\/profile\/newsletters\/?from=cmp\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.nzherald.co.nz\/my-account\/profile\/newsletters\/?from=cmp\">Business newsletter<\/a> \u2013 your essential weekly round-up of all the business news you need.<\/p>\n","protected":false},"excerpt":{"rendered":"Director Hope Suan and senior manager Juvy Suan pleaded guilty as parties to the company\u2019s offending. They were&hellip;\n","protected":false},"author":2,"featured_media":631222,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[19632,309388,309389,1558,682,48039,138,13239,4487,3311,5341,46038,19631,2082,12469,16398,11534,37599,111,139,69,133688,15265,81743,544,1361,128676,1339],"class_list":["post-631221","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-19632","tag-4j","tag-309389","tag-been","tag-being","tag-borrowers","tag-business","tag-charged","tag-christchurch","tag-consumer","tag-credit","tag-enterprise","tag-fined","tag-for","tag-interest","tag-lender","tag-lending","tag-ltd","tag-new-zealand","tag-newzealand","tag-nz","tag-providing","tag-registered","tag-repayments","tag-some","tag-that","tag-unregistered","tag-without"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/631221","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=631221"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/631221\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/631222"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=631221"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=631221"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=631221"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}