Financial Markets Authority

Your Obligations

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Preparing offering documents, ongoing issuer obligations, disclosing information to the market, preparing financial statements and listing rule obligations

The primary obligations issuers have arise under the:

Securities Act 1978 and the Securities Regulations 2009
Securities Markets Act 1988
Financial Reporting Act 1993.

Issuers have a number of other obligations, depending on what kind of entity they are (e.g. a trust or a company), and whether their securities are listed on a registered exchange. Currently NZX is New Zealand's only registered exchange.

Obligations under the Securities Act 1978 and Securities Regulations 2009

Issuers and promoters (including their directors) have initial and ongoing obligations under the Securities Act and the Securities Regulations. Primarily, these obligations relate to the nature and content of the offering documents required when securities are offered to the public.

Issuers also have specific obligations where they intend to offer debt or participatory securities to the public. Prior to offering those securities, the Act requires issuers to appoint a trustee (for debt securities) or a statutory supervisor (for participatory securities) and to enter into and register a trust deed or participation deed for those securities.

Obligation to prepare offering documents

Generally, issuers may not allot (or sell) securities to the public unless:

at the time of subscription or payment there was a registered prospectus for those securities
the subscriber received an investment statement for those securities before subscribing.

Prospectus

A prospectus contains information about the securities being offered, the terms of the offer, and information about the issuer and any promoters. Prospectuses must be signed by the issuer's directors, and each promoter (including the directors of a promoter, if it is a company). By doing so, the directors and promoters take responsibility for the content of the prospectus.

The information required to be included in a prospectus is mostly set out in the regulations. The information required will depend on the type of securities being offered, and whether there are any exemptions which may exempt an issuer, or certain types of issuers, from specific provisions of the Act or regulations, or modify their application.

Investment statement

The investment statement is the primary disclosure document. The purpose of the investment statement is to provide key information to the prudent but non-expert investor, and it must contain the answers to certain questions specified by the regulations.

The investment statement is an 'advertisement' for the purposes of the Act and is subject to requirements in the Act and the regulations relating to advertisements for securities.

Other advertisements

In general, an issuer is free to advertise its offer as it pleases provided the advertisement does not contain any untrue statement or any information likely to deceive, mislead or confuse about anything material to the offer. The Act and the regulations regulate the content of advertisements, with the aim of ensuring that information is presented fairly and is truthful.

A certificate must generally be completed by the directors of the issuer for each advertisement when it is distributed. This certificate must state that the directors of the issuer have read, seen or listened to the advertisement, that the advertisement complies with the Act and the regulations, is not likely to deceive, mislead or confuse about anything material to the offer, and is not inconsistent with the investment statement or registered prospectus.

Standard of disclosure in offering documents

Issuers and their directors, and promoters are primarily responsible for ensuring offer documents do not contain untrue statements.

A statement will be untrue if:

it is misleading in the form and context in which it is included in the offer document
it is misleading because it omits further information material to that statement.

If a prospectus or advertisement does contain an untrue statement, issuers and their directors, and promoters can have civil and criminal liability.

The Act prohibits allotment of securities if at the time of allotment the investment statement or registered prospectus contains a false or misleading material statement by failing to refer, or give proper emphasis to, adverse circumstances. This applies whether or not those circumstances arose after the date of the prospectus or investment statement.

Ongoing issuer obligations

Once a prospectus (or amendment to a prospectus) is registered issuers must:

update their website to let the public know the prospectus (or an amendment) has been registered
provide the Registrar of Financial Service Providers (via the Companies Office) with certain information for the register of securities offers, and notify the Registrar when there is any change to that information

Find out more about registering prospectuses.

Issuers also have ongoing procedural obligations under the Act. These include obligations to:

maintain a register of all securities they have issued
ensure the register is audited at least once a year by a qualified auditor
keep accounting records that explain the transactions of the issuer
ensure their financial statements are audited at least once a year by a qualified auditor
provide certain information (such as annual reports or financial statements) to investors on request.

Obligations under the Securities Markets Act 1988

Public issuers (issuers who are party to a listing agreement with a registered exchange) and certain persons related to those issuers also have disclosure obligations under the Securities Markets Act.

Public issuers are required to disclose to the market all material information not generally available to the market, in line with the continuous disclosure regime prescribed by the listing rules of the relevant registered exchange. Find out more about the listing rules of NZX, New Zealand's only registered exchange.

Material information is information about the issuer or their securities that if available to the market could be expected to have a material effect on the price of the issuer's listed securities (essentially, price-sensitive information).

Information is generally available to the market if:

it has been made known in a manner likely to bring it to the attention of persons who commonly invest in the type of securities the information relates to, and there has been a reasonable period for that information to disseminate
it is likely that persons who commonly invest in that type of securities can readily obtain the information
it consists of deductions, conclusions, or inferences made from the kinds of information described above.

The Act requires directors and officers of public issuers, and persons holding specified amounts of listed voting securities, to disclose certain information to the issuer and to the market. Public issuers are also required to keep registers of that disclosed information.

Financial Reporting Act 1993

The Financial Reporting Act requires issuers to prepare and register audited financial statements each year.

An issuer's financial statements must comply with generally accepted accounting practice, being financial reporting standards approved by the Accounting Standards Review Board.

In some circumstances (where the issuer owns or controls other companies), the issuer will also need to prepare group or consolidated financial statements, which include financial information about the companies the issuer owns or controls.

Find out more about issuers' financial reporting obligations on the Companies Office website. FMA has provided a short letter outlining their financial report review priorities for 2013. View the letter here.

FMA periodically reviews the standard of issuers' financial reporting disclosures, and publishes reports on its findings. You can read more about these reviews (and the results) here.

Listing Rule obligations

If the issuer is listed on NZX, it needs to comply with NZX's listing rules, which include obligations relating to the activities, market disclosures and governance of the listed issuer.

Find out more about NZX and its listing rules.

Corporate governance

Below are two publications that may help issues maintain high standards of corporate governance and related market disclosures.

Corporate Governance - Principles and Guidelines (Feb 2004, reprinted Feb 2011).

Review of Corporate Governance Disclosures by Selected Issuers (July 2010).

A Director's Guide

Guideline: Issuers of securities and participants in issues

2013-05-16T09:58:03+13:00

Guideline: Issuers of securities and participants in issues

FMA first published its 'Guideline: Issuers of securities and participants in issues' on 23 October 2013.

This version clarifies that FMA considers that the interpretation of a financial institution under the AML/CFT Act is not restricted to issues of securities to the public. A business will be 'participating in securities issues' in the ordinary course of business if it participates in a wholesale or retail offer of securities as an issuer and/or a promoter, acting as a trustee, unit trustee, superannuation trustee or collective investment scheme fund manager.

The amendments that reflect the clarification can be found in paragraphs 14, 25 and Table 3 of this version.

Application form

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Securities trustee and statutory supervisor licence application form

Securities trustee and statutory supervisor licence applications must be accompanied by three forms:

1.    Form TRU1.1 is the application form. It contains the core administrative details necessary to start processing an application. The form contains notes and links to online information sources to assist in completing the form. It also contains information about how to pay the application fee.

2.    Form TRU2.1 is a supporting information checklist and statutory declaration form that must be submitted with your supporting information. It contains an appendix of cover sheets to help us track the information you provide. It also requires you to list all directors and senior managers who will be submitting DIR1.1 forms.

3.    Form DIR1.1 collects the information and statutory declarations by directors and senior managers. A separate DIR1.1 form must be completed for every director and senior manager named in form TRU2.1.

Forms TRU1.1, TRU2.1 and DIR1.1 are available as downloads below. You must submit your forms electronically and in paper form.

Refer to the licensing guidance note for full details of the information you must submit, and application due dates.

Paper-based submission instructions

Each form must also be printed and signed by the relevant parties and sent to us to us for our records.

The TRU1.1 form typically has an earlier submission deadline and should be sent as soon as it has been submitted electronically.

TRU2.1 and DIR1.1 forms should be submitted in one package along with all supporting information. Please take care to include the relevant cover sheet on each section of supporting documentation.

Please post or courier your paper-based information to our Wellington office, clearly marking it for the attention of the Trustee and Statutory Supervisor licence application team.

Getting Licensed

2013-05-15T11:54:07+13:00

How to apply, the timeline and a link to the application form and a full licensing guidance note

Under the Securities Trustees and Statutory Supervisors Act 2011, securities trustees and statutory supervisors have to be licensed.
If, on 1 October 2011, a person was acting as a securities trustee or statutory supervisor, they are deemed to have a temporary licence. They must then complete their full licence application and submit it to FMA, along with a fee.

Persons not already acting as securities trustees or statutory supervisors who wish to be licensed to do so can also apply from 1 October 2011. The temporary licence provisions do not apply to new applicants.

For full details of the application process, see the licensing guidance note. A summary of key information is provided below.

Application form

All licence applicants must complete a licence application form. The form contains details of how to submit your licence application fee.

Supporting documentation

Applicants will need to provide supporting documentation. The application form page has information about how to submit this information.

Licence duration and conditions

A licence may be granted for up to eight years. The actual duration granted will be assessed on a case-by-case basis and conditions may apply. See the guidance note for more details.

Investigations and Enforcement

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FMA investigates potential breaches of financial markets conduct legislation and takes appropriate enforcement action.

Financial markets legislation

The Financial Markets Authority investigates potential breaches of financial markets conduct legislation and takes appropriate enforcement action. It has investigation and enforcement powers under several Acts including the:

Financial Markets Authority Act 2011
Securities Act 1978
Securities Markets Act 1988
Financial Reporting Act 1993
Financial Advisers Act 2008
Anti-Money Laundering and Countering Financing of Terrorism Act 2009.

For a full list of the Acts we enforce see the legislation section.

Our powers

Under these Acts FMA has a range of investigation and enforcement powers. These include:

receiving evidence on securities law and practice, with power to require people and entities to supply information, produce documents and give evidence
suspending or cancelling offer documents, removing a prospectus or investment statement from the market, banning advertisements, and publicising these actions
entering and searching premises and vehicles
investigating complaints about authorised financial advisers and taking appropriate disciplinary action
enforcing securities law and the law relating to insider trading, market manipulation and disclosure by substantial security holders and financial advisers
enforcing continuous disclosure law and making orders requiring disclosure by issuers
requiring an exchange to provide FMA with information and assistance and making orders requiring disclosure by unregistered exchanges
accepting enforceable undertakings
publishing warnings and alerts.

For more information about our powers under individual Acts see the legislation section.

Our compliance philosophy

Our strategy is to:

work with industry to help them comply with our expectations, so there is an improvement in overall behaviour and performance across financial markets
establish a framework that encourages participants to quickly report and correct errors or regulatory breaches
where breaches are identified, to take appropriate and timely action.

FMA uses the full range of enforcement tools and is proportionate when taking enforcement action. We use notices, warnings and directions where appropriate and proceed to suspensions, removal of licences and litigation where serious wrong doing is detected.

We identify priority areas of market activity and practices, and allocate investigation and enforcement resources accordingly. We also have a case selection policy that includes selecting appropriate cases to clarify the boundaries of the law.

We publish the outcome of significant investigation and enforcement actions to deter other potential offenders.

Enforcement Policy

The Financial Markets Authority has published its Enforcement Policy to assist financial markets participants to have a clearer understanding of FMA's role, functions and priorities.

A copy of the Policy is available here.

Raising the standard of corporate governance in New Zealand is one of FMA's principal aims.

It will take a two-pronged approach; educating and engaging with financial markets participants, investors and other stakeholders; and taking enforcement action where necessary.

The four principles underpinning the Enforcement Policy are;

FMA will use the full regulatory toolbox, which includes criminal prosecution, taking actions on behalf of investors under section 34 of the FMA Act, and requiring financial markets participants to provide compensation for losses sustained due to unlawful conduct.

The use of FMA's resources will be prioritised. The full force of FMA's scrutiny will be applied to matters involving large numbers of investors at risk of significant or potential loss; where there is evidence of intentional unlawful behaviour; and where there is a need to send a clear regulatory signal.

FMA is committed to an open and educative approach so that all financial markets participants have clear and well-understood responsibilities.

Where necessary FMA will use its powers to bring test cases that will clarify "grey areas" of the law.

FMA will not pursue every act of misbehaviour or insignificant breach, but will focus primarily on those areas of misconduct where the failings or breaches are intentional or reckless or involve other serious unlawful conduct, and where the perpetrator set out to intentionally mislead or deceive investors or third parties.

The Enforcement Policy is a guide for market participants rather than an exhaustive or legally-binding document, and will be revised from time to time as regulatory objectives and priorities change.

FMA will also consult with interested parties, including other public sector agencies and industry bodies, as to the application and effectiveness of this policy.

Collaborating with other regulators

FMA collaborates and coordinates with other agencies in New Zealand (including the Serious Fraud Office, the Commerce Commission and the Police) and overseas, and will promptly refer any matter best investigated or enforced by another agency.

We also contribute to the development of international standards for financial market regulation, and are members of IOSCO - the International Organisation of Securities Commissions.

We work with Australian Securities and Investment Commission (ASIC) to streamline trans-Tasman regulation, to ensure low compliance costs and to encourage opportunities for New Zealand investors. This ongoing work includes mutual recognition of securities offerings and the mutual recognition of financial advisers.

See Offering Securities in New Zealand and Australia under Mutual Recognition.

MOUs with other financial regulators

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Mou's memorandum of understanding

FMA has a Memorandum of Understanding with:

New Zealand Institute of Chartered Accountants (NZICA)

Australian Securities and Investments Commission (ASIC)

Reserve Bank of New Zealand (RBNZ)

Reserve Bank of New Zealand (RBNZ) on the designation and oversight of settlement systems

Serious Fraud Office (SFO)

Regulatory Approach

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Regulatory Approach

FMA compliance strategy

Our compliance strategy emphasises a 'top of the cliff' approach and focuses on lifting standards by market participants. We are seeking to foster a culture in which market participants proactively work to set appropriate standards, put in place a robust approach to managing and monitoring compliance, and willingly share information with us (including reporting breaches).

FMA's Regulatory framework:

Our monitoring and surveillance work is outcome focused, so we consider whether compliance is achieved and the desired outcomes for customers are delivered.

To this end, our activities often start by asking senior management "how do you know your organisation is compliant and adopting appropriate behaviours?"

We expect senior management of participants to: champion a culture of 'doing the right thing' by their customers, put in place appropriate monitoring activities such as independent compliance checks or internal audits, receive information tracking key compliance controls and deal with any breaches and associated remedial actions, and to challenge management on results when necessary.

Our monitoring and enquiries may be conducted from our offices (for example the review of documents or files). They may involve visits to participants' premises and review of documents or files, interviews with relevant staff, testing of compliance processes and outcomes, or review of the findings of the participant's own monitoring.

Intelligence and risk-based approach

We take a risk-based approach to our monitoring and surveillance activities, meaning we prioritise resources to those participants or practices that present the greatest risk to fair, efficient and transparent financial markets.

In considering risk, we use our market intelligence and research to identify potential problems, assess the likelihood that poor practice or non-compliance will occur, and consider its impact on consumers or the market. For example, we take into account the numbers and types of retail customers at risk, the size of their potential losses, and the proportion of the market affected.

As part of our risk-based approach, we seek to proactively monitor a range of market participants and business models. In this way, we can identify new risks, and any compliance themes or areas of poor practice across the market or market sector. This work helps us identify any need for guidance and ensure our expectations are practical.

Monitoring outcomes

Where our monitoring or enquiries identify non-compliance, we have a range of tools available to deliver a timely, effective and proportionate response. We may undertake further inquiry or expect the participant to adjust its compliance, and we may follow up to ensure that this is done. In some cases notices, warnings, directions or enforceable undertakings may be appropriate. Further or serious non-compliance might result in stronger action, such as suspension or removal of licenses or other enforcement action.

FMA is committed to an open and educative approach so that all financial markets participants have clear and well understood responsibilities. We publish summaries of the aggregate findings from our monitoring and surveillance to assist participants in understanding our expectations and enable them to check their compliance and raise standards if necessary.

Even with an open and educative approach, strong oversight of participants, and good market intelligence, there will be some participants who do the wrong thing. FMA aims to identify this behaviour as early as possible and take appropriate action to rectify or deter similar behaviour in the future. See more about our investigation and enforcement approach.

Regulatory co-operation

FMA co-ordinates efforts and shares intelligence with other government agencies to ensure our work is informed, proportionate and effective. Those agencies include: the Reserve Bank, Companies Office, Department of Internal Affairs, Commerce Commission, Serious Fraud Office and the Inland Revenue Department.

We regularly liaise with co-regulators in New Zealand, including formal quarterly meetings of the Council of Financial Regulators. We also work with New Zealand's frontline regulators and supervisors and oversee their monitoring of other participants.

Our policy is to refer any matters best investigated or enforced by other agencies, including the Serious Fraud Office, the Police and overseas regulators.

We also liaise with overseas regulatory agencies and continue to leverage our close relationship with peer agencies in Australia and the Asia Pacific region. We work with the Australian Securities and Investments Commission (ASIC) to streamline trans-Tasman regulation, to reduce compliance costs and facilitate opportunities for New Zealand investors. See more on our relationships and Memoranda of Understanding with other regulators.

Securities Act (Employee Share Purchase Schemes - Listed Companies)

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Exemption notice for Employee Share Purchase Schemes - Listed Companies

Securities Act (Employee Share Purchase Schemes - Unlisted Companies)

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Exemption notice for Employee Share Purchase Schemes - Unlisted Companies

What We Do

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We use a variety of regulatory tools to promote fair, efficient and transparent financial markets.

The Financial Markets Authority's main objective is to promote and facilitate the development of fair, efficient and, transparent financial markets.

Find out more about our Regulatory Approach.

To achieve this objective our work involves:

Find out what we don't do and who else might be able to help.

International Regulator Alerts

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International Regulator Alerts

These are recent alerts from the International Organisation of Securities Commissions (IOSCO).

11 May 2013
4 May 2013
27 April 2013
22 April 2013
13 April 2013
6 April 2013
1 April 2013
23 March 2013
16 March 2013
9 March 2013
2 March 2013
23 February 2013
11 February 2013

2 February 2013
1 February 2013

26 January 2013

19 January 2013

12 January 2013

7 January 2013

22 December 2012

15 December 2012

8 December 2012

3 December 2012

24 November 2012

17 November 2012

12 November 2012

4 November 2012

27 October 2012

20 October 2012

13 October 2012

6 October 2012

1 October 2012
22 September 2012

10 September 2012
3 September
25 August
11 August
4 August
28 July

11 May 2013
Added (12)
Company:	Russell Acquisition Group
Link:	http://www.fca.org.uk/consumers/protect-yourself/unauthorised-firms/unauthorised-firms-to-avoid
Posted by:	Financial Conduct Authority, United Kingdom
Company:	Megakupon S.A.
Posted by:	Polish Financial Supervision Authority, Poland
Company:	Pacific Ventures Consultancy
Link:	http://www.fca.org.uk/firms/being-regulated/enforcement/alerts/unauthorised-firms
Posted by:	Financial Conduct Authority, United Kingdom
Company:	Astorg Partners
Link:	http://www.fca.org.uk/firms/being-regulated/enforcement/alerts/unauthorised-firms
Posted by:	Financial Conduct Authority, United Kingdom
Comments:	Firm is cloning details of a FCA EEA Authorised firm.
Company:	Delacour Investments / Delacour Group Ltd
Link:	http://www.fca.org.uk/firms/being-regulated/enforcement/alerts/unauthorised-firms
Posted by:	Financial Conduct Authority, United Kingdom
Company:	VERIM Management Limited
Link:	http://www.cssf.lu/fileadmin/files/Protection_consommateurs/Avertissements/A_Verim_Management_070513_EN.pdf
Posted by:	Commission de surveillance du secteur financier, Luxembourg, Grand Duchy of
Company:	SCH Swiss Capital Holding AG
Link:	https://www.finma.ch/e/sanktionen/unbewilligte-institute/pages/details.aspx?orgid=363
Posted by:	Swiss Financial Market Supervisory Authority, Switzerland
Company:	DeVere & Partners UK Limited / DeVere Ltd
Link:	http://www.fca.org.uk/firms/being-regulated/enforcement/alerts
Posted by:	Financial Conduct Authority, United Kingdom
Comments:	Firm is cloning details of a FCA Authorised firm.
Company:	Apollo Financial Management
Link:	http://www.fca.org.uk/firms/being-regulated/enforcement/alerts/unauthorised-firms
Posted by:	Financial Conduct Authority, United Kingdom
Company:	International Corporate Advisors
Link:	http://www.sfc.hk/web/EN/alert-list/i.html#1072
Posted by:	Securities and Futures Commission, Hong Kong
Company:	Changsheng Associates
Link:	http://www.sfc.hk/web/EN/alert-list/c.html#1071
Posted by:	Securities and Futures Commission, Hong Kong
Company:	Kestral International Group
Link:	https://www.finma.ch/e/sanktionen/unbewilligte-institute/pages/details.aspx?orgid=362
Posted by:	Swiss Financial Market Supervisory Authority, Switzerland
Please click here to go directly to the IOSCO Investor Alerts Portal for more information

4 May 2013
Added (8)
Company:	SFVA Finance
Link:	http://www.fca.org.uk/firms/being-regulated/enforcement/alerts/unauthorised-firms
Posted by:	Financial Conduct Authority, United Kingdom
Comments:	Firm is cloning details of a FCA EEA Authorised firm.
Company:	Emerald Securities
Link:	http://www.fca.org.uk/firms/being-regulated/enforcement/alerts/unauthorised-firms
Posted by:	Financial Conduct Authority, United Kingdom
Company:	Benefit Planners Intl
Link:	http://www.fca.org.uk/firms/being-regulated/enforcement/alerts/unauthorised-firms
Posted by:	Financial Conduct Authority, United Kingdom
Comments:	Clone of formerly FCA EEA authorised firm.
Company:	Hayes Associates
Link:	http://www.fca.org.uk/firms/being-regulated/enforcement/alerts/unauthorised-firms
Posted by:	Financial Conduct Authority, United Kingdom
Company:	Stabilico Capital Management, Reloaded LLC
Link:	https://www.finma.ch/e/sanktionen/unbewilligte-institute/pages/details.aspx?orgid=361
Posted by:	Swiss Financial Market Supervisory Authority, Switzerland
Company:	Casa de Valores Bolivariana Internacional de Panama S.A.
Link:	http://supervalores.gob.pa/informacion-del-mercado/alerta-al-inversionista/4772-warning--non-authorized-entity-casa-de-valores-bolivariana-internacional-de-panama-sa.html
Posted by:	Superintendencia del Mercado de Valores, Panama, Republic of
Comments:	Company not registered
Company:	Perpetual Strategic Investments
Link:	https://www.finma.ch/e/sanktionen/unbewilligte-institute/pages/details.aspx?orgid=359
Posted by:	Swiss Financial Market Supervisory Authority, Switzerland
Company:	Risk & Portfolio Management Limited
Link:	http://www.fca.org.uk/firms/being-regulated/enforcement/alerts/unauthorised-firms
Posted by:	Financial Conduct Authority, United Kingdom
Comments:	Clone of FCA EEA authorised firm
Please click here to go directly to the IOSCO Investor Alerts Portal for more information

27 April 2013
Added (14)
Company:	Banvalores Casa de Valores, S.A.
Link:	http://www.supervalores.gob.pa/informacion-del-mercado/alerta-al-inversionista/4759-warning-non-authorized-entity-banvalores-casa-de-valores-sa.html
Posted by:	Superintendencia del Mercado de Valores, Panama, Republic of
Comments:	Company not registered
Company:	Saxo Capital Markets Panama, S.A.
Link:	http://www.supervalores.gob.pa/informacion-del-mercado/alerta-al-inversionista/4761-warning--non-authorized-entity-saxo-capital-markets-panama-sa.html
Posted by:	Superintendencia del Mercado de Valores, Panama, Republic of
Comments:	Company not registered
Company:	First Swiss Financial Security Bank
Link:	https://www.finma.ch/e/sanktionen/unbewilligte-institute/pages/details.aspx?orgid=358
Posted by:	Swiss Financial Market Supervisory Authority, Switzerland
Company:	Walton Johnson & Co
Link:	http://www.fca.org.uk/firms/being-regulated/enforcement/alerts/unauthorised-firms
Posted by:	Financial Conduct Authority, United Kingdom
Company:	Global Endowment LLC
Link:	http://www.fca.org.uk/firms/being-regulated/enforcement/alerts/unauthorised-firms
Posted by:	Financial Conduct Authority, United Kingdom
Company:	Otis KPO LLC
Link:	http://www.fca.org.uk/firms/being-regulated/enforcement/alerts/unauthorised-firms
Posted by:	Financial Conduct Authority, United Kingdom
Company:	Smart Stuff Ltd
Link:	http://www.fca.org.uk/firms/being-regulated/enforcement/alerts/unauthorised-firms
Posted by:	Financial Conduct Authority, United Kingdom
Comments:	Clone of FCA EEA authorised firm
Company:	Mr Guy Declerck,DC BVBA & DCMi-U BVBA and Ermis
Link:	http://www.fsma.be/en/Consumers/press/Article/press/warnfsma/2013/2013-04-23_declerckdcdcmi-u.aspx
Posted by:	Financial Services and Markets Authority, Belgium
Comments:	warning
Company:	MAG Financial Group
Link:	https://www.finma.ch/e/sanktionen/unbewilligte-institute/pages/details.aspx?orgid=357
Posted by:	Swiss Financial Market Supervisory Authority, Switzerland
Company:	Hayes Associates
Link:	http://www.jerseyfsc.org/pdf/Public_Statement_Hayes%20Associates_April_2013.pdf
Posted by:	Jersey Financial Services Commission, Jersey
Company:	Lotus Fund Ltd
Link:	http://www.fscmauritius.org/media/88367/public-notice-suspension-lotus.pdf
Posted by:	Financial Services Commission, Mauritius, Republic of
Company:	Nirvi Management Ltd
Link:	http://www.fscmauritius.org/media/88364/fsc-public-notice-suspension-nirvi.pdf
Posted by:	Financial Services Commission, Mauritius, Republic of
Company:	Lionhill Partners
Link:	http://www.sfc.hk/web/EN/alert-list/l.html#1070
Posted by:	Securities and Futures Commission, Hong Kong
Company:	Lifeclub International, S.A.
Link:	http://www.supervalores.gob.pa/informacion-del-mercado/alerta-al-inversionista/4753-warning--non-authorized-entity--lifeclub-international-sa.html
Posted by:	Superintendencia del Mercado de Valores, Panama, Republic of
Comments:	Company not registered
Please click here to go directly to the IOSCO Investor Alerts Portal for more information

22 April 2013
Added (14)
Company:	Global Financial Services
Link:	http://www.fca.org.uk/firms/being-regulated/enforcement/alerts/unauthorised-firms
Posted by:	Financial Conduct Authority, United Kingdom
Comments:	Firm is cloning details of a FCA EEA Authorised firm.
Company:	AG Group Advisors
Link:	http://www.fca.org.uk/firms/being-regulated/enforcement/alerts/unauthorised-firms
Posted by:	Financial Conduct Authority, United Kingdom
Company:	Blackhawk Mines Corp.
Link:	http://www.osc.gov.on.ca/en/Investors_wl_20130418_blackhawk.htm
Posted by:	Ontario Securities Commission, Ontario
Comments:	Blackhawk Mines Corp., doing business as blackhawkmines.com, is not registered in Ontario.
Company:	Solamon Energy Corp.
Link:	http://www.osc.gov.on.ca/en/Investors_wl_20130418_solamon.htm
Posted by:	Ontario Securities Commission, Ontario
Comments:	Solamon Energy Corp., doing business as solamonenergy.com, is not registered in Ontario.
Company:	INTERNATIONAL CAPITAL INVESTMENT GROUP, S.A.
Link:	http://www.supervalores.gob.pa/informacion-del-mercado/alerta-al-inversionista/4735-warning--non-authorized-entity--international-capital-investment-group-sa-and-peter-janos-pintarics.html
Posted by:	Superintendencia del Mercado de Valores, Panama, Republic of
Comments:	Company not registered
Company:	Union United Bank AG
Link:	https://www.finma.ch/e/sanktionen/unbewilligte-institute/pages/details.aspx?orgid=356
Posted by:	Swiss Financial Market Supervisory Authority, Switzerland
Company:	Stein Investment
Link:	https://www.finma.ch/e/sanktionen/unbewilligte-institute/pages/details.aspx?orgid=355
Posted by:	Swiss Financial Market Supervisory Authority, Switzerland
Company:	Greenfield Securities Ltd
Link:	http://www.fca.org.uk/firms/being-regulated/enforcement/alerts/unauthorised-firms
Posted by:	Financial Conduct Authority, United Kingdom
Company:	CFX MARKETS
Posted by:	Financial Services and Markets Authority, Belgium
Comments:	warning
Company:	Euro Benefit Network
Link:	http://www.fca.org.uk/firms/being-regulated/enforcement/alerts/unauthorised-firms
Posted by:	Financial Conduct Authority, United Kingdom
Comments:	Clone of FCA EEA authorised firm
Company:	Grupo Esfer
Link:	http://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=3&nombre=Grupo%20Esfer
Posted by:	Comisión Nacional del Mercado de Valores, Spain
Company:	Karl Johan Fonds ASA
Link:	http://www.fca.org.uk/firms/being-regulated/enforcement/alerts/unauthorised-firms
Posted by:	Financial Conduct Authority, United Kingdom
Comments:	Clone of former FCA EEA Authorised firm.
Company:	Charles Schwab
Link:	http://www.fca.org.uk/firms/being-regulated/enforcement/alerts/unauthorised-firms
Posted by:	Financial Conduct Authority, United Kingdom
Comments:	Clone of FCA authorised firm
Company:	Able Capital
Link:	http://www.fca.org.uk/firms/being-regulated/enforcement/alerts/unauthorised-firms
Posted by:	Financial Conduct Authority, United Kingdom
Deleted (1)
Company:	Charles Schwab
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Conduct Authority, United Kingdom
Comments:	Clone of FSA authorised firm
Please click here to go directly to the IOSCO Investor Alerts Portal for more information

13 April 2013
Added (10)
Company:	Princeton Capital Investments Inc.
Link:	http://www.fca.org.uk/firms/being-regulated/enforcement/alerts/unauthorised-firms
Posted by:	Financial Conduct Authority, United Kingdom
Company:	Winbase Equities
Link:	https://www.moneysmart.gov.au/scams/companies-you-should-not-deal-with/unlicensed-companies-list/w/winbase-equities
Posted by:	Australian Securities and Investments Commission, Australia
Company:	Wheeler Asset Group
Link:	https://www.moneysmart.gov.au/scams/companies-you-should-not-deal-with/unlicensed-companies-list/w/wheeler-asset-group
Posted by:	Australian Securities and Investments Commission, Australia
Company:	Forex investments : unauthorised websites and entities
Link:	http://www.amf-france.org/affiche_plan.asp?IdSec=7&IdRub=122&IdPlan=214
Posted by:	Autorité des marchés financiers, France
Comments:	Warning dated 8 April, 2013 updating previous warnings made jointly by the AMF and ACP.
Company:	Future A S.A.
Posted by:	Polish Financial Supervision Authority, Poland
Company:	Anderson Holding Sp. z o.o.
Posted by:	Polish Financial Supervision Authority, Poland
Company:	HMB Investments
Link:	http://www.fma.gv.at/de/verbraucher/investorenwarnungen/nationale-warnmeldungen/detail-natwm/article/hmb-investments.html
Posted by:	Financial Market Authority, Austria
Company:	Financial Consulting World LTD
Link:	http://www.fma.gv.at/de/verbraucher/investorenwarnungen/nationale-warnmeldungen/detail-natwm/article/financial-consulting-world-ltd.html
Posted by:	Financial Market Authority, Austria
Company:	Stravia Biz Incorporated
Link:	http://www.supervalores.gob.pa/informacion-del-mercado/alerta-al-inversionista/4727-warning--non-authorized-entity-stravia-biz-incorporated.html
Posted by:	Superintendencia del Mercado de Valores, Panama, Republic of
Comments:	Company not registered
Company:	Blackstar Capital Management Limited
Link:	http://www.bvifsc.vg/News/tabid/160/articleType/ArticleView/articleId/1346/language/en-US/Blackstar-Capital-Management-Limited--Advisory-Warning-No-14-of-2013-5-April-2013.aspx
Posted by:	British Virgin Islands Financial Services Commission, British Virgin Islands
Comments:	Advisory warning - Unauthorized investment business
Please click here to go directly to the IOSCO Investor Alerts Portal for more information

6 April 2013
Added (5)
Company:	Troy McDonald
Link:	http://www.sfc.hk/web/EN/alert-list/t.html#1065
Posted by:	Securities and Futures Commission, Hong Kong
Company:	Credit Suisse (UK) Limited
Link:	http://www.fca.org.uk/firms/being-regulated/enforcement/alerts/unauthorised-firms
Posted by:	Financial Conduct Authority, United Kingdom
Comments:	(Clone of FSA authorised firm)
Company:	Eagle Commerce Group
Link:	http://www.centralbank.ie/regulation/unauthorised-firms/Pages/list-search-unath.aspx
Posted by:	Central Bank of Ireland, Ireland
Comments:	Eagle Commerce Group is not authorised to provide investment services in Ireland. The firm purports to be based in the USA.
Company:	Dean Witter Consultancy
Link:	http://www.centralbank.ie/regulation/unauthorised-firms/Pages/list-search-unath.aspx
Posted by:	Central Bank of Ireland, Ireland
Comments:	Dean Witter Consultancy is not authorised to provide investment business services in Ireland. The firm purports to be based in the USA.
Company:	Trader Hawk
Link:	http://www.traderhawk.pl
Posted by:	Polish Financial Supervision Authority, Poland
Please click here to go directly to the IOSCO Investor Alerts Portal for more information

1 April 2013
Added (18)
Company:	H Taft Private Equity
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Company:	AG Group
Link:	http://www.jerseyfsc.org/pdf/Public_Statement_AG_Group_March_2013.pdf
Posted by:	Jersey Financial Services Commission, Jersey
Company:	Persist Global Wealth Management
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Comments:	(Clone of FSA EEA authorised firm)
Company:	Persist Global Wealth Management/PGWM Ltd
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Comments:	Clone of FSA EEA authorised firm
Company:	Genkai Securities
Link:	http://www.sfc.hk/web/EN/alert-list/g.html#1064
Posted by:	Securities and Futures Commission, Hong Kong
Company:	Ironbridge Capital
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Comments:	Firm is cloning details of a FSA Authorised firm.
Company:	Scott and Fischer Consultancy Limited
Link:	http://www.centralbank.ie/regulation/unauthorised-firms/Pages/list-search-unath.aspx
Posted by:	Central Bank of Ireland, Ireland
Comments:	Scott and Fischer Consultancy Limited is not authorised to provide investment business services in Ireland. The firm purports to be based in the USA.
Company:	Westhill Partners Inc.
Link:	http://www.centralbank.ie/regulation/unauthorised-firms/Pages/list-search-unath.aspx
Posted by:	Central Bank of Ireland, Ireland
Comments:	Westhill Partners Inc. is not authorised to provide investment business services in Ireland. The firm purports to be based in the USA.
Company:	Hermann Brothers Group
Link:	http://www.centralbank.ie/regulation/unauthorised-firms/Pages/list-search-unath.aspx
Posted by:	Central Bank of Ireland, Ireland
Comments:	Hermann Brothers Group is not authorised to provide investment business services in Ireland. The firm purports to be based in the USA.
Company:	AGF Europe Advisors
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Comments:	Firm is cloning details of a FSA EEA Authorised firm.
Company:	Global Cap. Equity Group
Link:	http://www.sfc.hk/web/EN/alert-list/g.html#1062
Posted by:	Securities and Futures Commission, Hong Kong
Company:	TRADE4 PROFIT
Posted by:	Financial Services and Markets Authority, Belgium
Comments:	warning
Company:	RISK & PORTFOLIO MANAGEMENT LTD
Posted by:	Financial Services and Markets Authority, Belgium
Comments:	warning
Company:	Laurent & Linden
Link:	https://www.finma.ch/e/sanktionen/unbewilligte-institute/pages/details.aspx?orgid=354
Posted by:	Swiss Financial Market Supervisory Authority, Switzerland
Company:	Coninver Asesores, SL
Link:	http://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=3&nombre=coninver%20asesores
Posted by:	Comisión Nacional del Mercado de Valores, Spain
Company:	Mijave Inversiones, SL (MJ Inversiones)
Link:	http://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=3&nombre=mijave%20inversiones
Posted by:	Comisión Nacional del Mercado de Valores, Spain
Company:	Preferred Management Group, S.A. and PTY Management
Link:	http://www.supervalores.gob.pa/informacion-del-mercado/alerta-al-inversionista/4713-advertencia--entidades-no-autorizadas--preferred-management-group-sa-y-pty-management.html
Posted by:	Superintendencia del Mercado de Valores, Panama, Republic of
Comments:	Companies not authorized
Company:	High Yield Investment Programs
Link:	http://www.bcsc.bc.ca/release.aspx?id=16922
Posted by:	British Columbia Securities Commission, British Columbia
Comments:	General Alert on High Yield Investment Programs.
Deleted (2)
Company:	Ironbridge Capital
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Comments:	Firm is cloning details of a FSA Authorised firm.
Company:	Persist Global Wealth Management
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Comments:	Clone of FSA authorised firm and approved individual.
Please click here to go directly to the IOSCO Investor Alerts Portal for more information

23 March 2013
Added (11)
Company:	Department of Financial Trading
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Company:	Hallmark Finance Solutions
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Comments:	Clone of FSA registered firm.
Company:	Bernstein, Whitman & Lloyds
Link:	http://www.centralbank.ie/regulation/unauthorised-firms/Pages/list-search-unath.aspx
Posted by:	Central Bank of Ireland, Ireland
Comments:	Bernstein, Whitman & Lloyds is not authorised to provide investment business services in Ireland. The firm purports to be based in the USA.
Company:	Kiefer Business Services LLC
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Company:	DAGMARA DZIUBYNA G & DINVEST I WSPÓLNICY
Posted by:	Polish Financial Supervision Authority, Poland
Company:	Power House Private Banking
Posted by:	Polish Financial Supervision Authority, Poland
Company:	Key Solutions, S.L.
Link:	http://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=3&nombre=key%20solutions
Posted by:	Comisión Nacional del Mercado de Valores, Spain
Company:	Izard Quin Division Holding Limited
Link:	http://www.centralbank.ie/regulation/unauthorised-firms/Pages/list-search-unath.aspx
Posted by:	Central Bank of Ireland, Ireland
Comments:	Izard Quin Division Holding Limited is not authorised to provide investment business services in Ireland. The firm purports to be based in Switzerland
Company:	Impakt Online Marketing
Link:	http://www.afm.nl/nl/consumenten/risico/waarschuwingen/waarschuwingenlijst-boiler-rooms.aspx
Posted by:	The Netherlands Authority for the Financial Markets, Netherlands, The
Comments:	The warning list "boiler rooms" contains the names of companies that have approached persons without being asked, to offer them investment proposals. The AFM has established that the companies that are included in this warning list do not have an AFM license or a European Passport.
Company:	Stanley Kin AG
Link:	http://www.afm.nl/nl/consumenten/risico/waarschuwingen/waarschuwingenlijst-boiler-rooms.aspx
Posted by:	The Netherlands Authority for the Financial Markets, Netherlands, The
Comments:	The warning list "boiler rooms" contains the names of companies that have approached persons without being asked, to offer them investment proposals. The AFM has established that the companies that are included in this warning list do not have an AFM license or a European Passport.
Company:	Hanalex Services Ltd. (doing business as TradeQuicker.com)
Link:	http://www.osc.gov.on.ca/en/Investors_wl_20130312_hanalex-services.htm
Posted by:	Ontario Securities Commission, Ontario
Comments:	Company not registered
Please click here to go directly to the IOSCO Investor Alerts Portal for more information

16 March 2013
Added (25)
Company:	2013 Best Invest
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Comments:	Firm is cloning details of FSA Authorised firms.
Company:	Brown Brothers Harriman SCA
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Comments:	Firm is cloning details of a FSA EEA Authorised firm.
Company:	NEW CASTLE DISTRIBUTORS
Posted by:	Financial Services and Markets Authority, Belgium
Comments:	warning
Company:	CARTIUS FINANCE
Posted by:	Financial Services and Markets Authority, Belgium
Comments:	warning
Company:	RWANDA CASH
Posted by:	Financial Services and Markets Authority, Belgium
Comments:	warning
Company:	European Value Partner Advisors (EVPA)
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Comments:	Clone of FSA EEA authorised firm.
Company:	AGF Europe Advisors
Link:	http://www.centralbank.ie/regulation/unauthorised-firms/Pages/list-search-unath.aspx
Posted by:	Central Bank of Ireland, Ireland
Comments:	AGF Europe Advisors is not authorised to provide investment business services in Ireland. The firm purports to be based in the UK
Company:	Clarity Capital Markets
Link:	http://www.sfc.hk/web/EN/alert-list/c.html#1059
Posted by:	Securities and Futures Commission, Hong Kong
Company:	Hong Kong Regulatory Board
Link:	http://www.sfc.hk/web/EN/alert-list/h.html#1057
Posted by:	Securities and Futures Commission, Hong Kong
Company:	International Investor Protection Coalition
Link:	http://www.sfc.hk/web/EN/alert-list/i.html#1056
Posted by:	Securities and Futures Commission, Hong Kong
Company:	Master Polar Limited
Link:	http://www.bvifsc.vg/News/tabid/160/articleType/ArticleView/articleId/1335/language/en-US/Master-Polar-Limited--Advisory-Warning-No-5-of-2013-13-March-2013.aspx
Posted by:	British Virgin Islands Financial Services Commission, British Virgin Islands
Comments:	Unauthorised financial services business
Company:	UPME Group Ltd.
Link:	http://www.bvifsc.vg/News/tabid/160/articleType/ArticleView/articleId/1336/language/en-US/UPME-Group-Ltd--Advisory-Warning-No-6-of-2013-13-March-2013.aspx
Posted by:	British Virgin Islands Financial Services Commission, British Virgin Islands
Comments:	Unauthorised financial services business
Company:	Kent Capital Partners Limited
Link:	http://www.bvifsc.vg/News/tabid/160/articleType/ArticleView/articleId/1342/language/en-US/Kent-Capital-Partners-Limited--Advisory-Warning-No-12-of-2013-13-March-2013.aspx
Posted by:	British Virgin Islands Financial Services Commission, British Virgin Islands
Comments:	Unauthorised financial services business
Company:	Granite Global Insurance Company Limited
Link:	http://www.bvifsc.vg/News/tabid/160/articleType/ArticleView/articleId/1343/language/en-US/Granite-Global-Insurance-Company-Limited--Advisory-Warning-No-13-of-2013-13-March-2013.aspx
Posted by:	British Virgin Islands Financial Services Commission, British Virgin Islands
Comments:	Unauthorised financial services business
Company:	Advisorcorp Ltd
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Company:	Mason Dunne
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Company:	Profitable Sunrise
Link:	http://www.bcsc.bc.ca/release.aspx?id=16782
Posted by:	British Columbia Securities Commission, British Columbia
Company:	Profitable Sunrise
Link:	http://www.lautorite.qc.ca/en/press-releases-2013-corpo.html_2013_profitable-sunrise-2013-03-12.html
Posted by:	Autorité des marchés financiers, Quebec
Company:	WFB-Financial Consulting World Ltd.
Link:	http://www.finma.ch/e/sanktionen/unbewilligte-institute/Pages/details.aspx?orgid=352
Posted by:	Swiss Financial Market Supervisory Authority, Switzerland
Company:	Izard Quin Division Holding Ltd.
Link:	http://www.finma.ch/e/sanktionen/unbewilligte-institute/pages/details.aspx?orgid=353
Posted by:	Swiss Financial Market Supervisory Authority, Switzerland
Company:	Money Management AG
Link:	http://www.finma.ch/e/sanktionen/unbewilligte-institute/pages/details.aspx?orgid=351
Posted by:	Swiss Financial Market Supervisory Authority, Switzerland
Company:	Banque Louis-co
Link:	http://www.finma.ch/e/sanktionen/unbewilligte-institute/Pages/details.aspx?orgid=350
Posted by:	Swiss Financial Market Supervisory Authority, Switzerland
Company:	MCI Zurich
Link:	http://www.finma.ch/e/sanktionen/unbewilligte-institute/pages/details.aspx?orgid=349
Posted by:	Swiss Financial Market Supervisory Authority, Switzerland
Company:	Suisse invest private capital group A.G.
Link:	http://www.finma.ch/e/sanktionen/unbewilligte-institute/pages/details.aspx?orgid=348
Posted by:	Swiss Financial Market Supervisory Authority, Switzerland
Company:	UB Trading
Link:	http://www.finma.ch/e/sanktionen/unbewilligte-institute/pages/details.aspx?orgid=347
Posted by:	Swiss Financial Market Supervisory Authority, Switzerland
Deleted (2)
Company:	Geneve Invest (Europe) S.a.r.L
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Comments:	Cloning FSA EEA firm
Company:	Handels Securities
Link:	http://www.finma.ch/e/sanktionen/unbewilligte-institute/pages/details.aspx?orgid=334
Posted by:	Swiss Financial Market Supervisory Authority, Switzerland
Please click here to go directly to the IOSCO Investor Alerts Portal for more information

9 March 2013
Added (19)
Company:	Scorpion Performance Inc.
Link:	http://www.lautorite.qc.ca/en/press-releases-2013-corpo.html_2013_amf-urges-utmost-caution-with-regard-to-scorpion-performance-inc-20-02-2013-12-0.html
Posted by:	Autorité des marchés financiers, Quebec
Company:	Bernstein, Whitman & Lloyds
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Company:	State Street Advisory
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Comments:	cloning FSA authorised firm.
Company:	Prescott Fitzgerald Incorporated
Link:	http://supervalores.gob.pa/informacion-del-mercado/alerta-al-inversionista/4683-warning--non-authorized-entity--prescott-fitzgerald-incorporated.html
Posted by:	Superintendencia del Mercado de Valores, Panama, Republic of
Comments:	Company not registered - english
Company:	Prescott Fitzgerald Incorporated
Link:	http://supervalores.gob.pa/informacion-del-mercado/alerta-al-inversionista/4682-advertencia--entidad-no-autorizada--prescott-fitzgerald-incorporated-.html
Posted by:	Superintendencia del Mercado de Valores, Panama, Republic of
Comments:	Company not registered - spanish
Company:	Ariun Financial Group
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Comments:	Firm is cloning details of a FSA Registered firm.
Company:	Ironbridge Capital
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Comments:	Firm is cloning details of a FSA Authorised firm.
Company:	Swiss Financial Research
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Comments:	Amending previous alert from August 2011.
Company:	Charles Schwab
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Comments:	Clone of FSA authorised firm
Company:	Archipelago Corporate Services Inc.
Link:	http://www.fi.se/Folder-EN/Startpage/Register/Investor-alerts/Database/
Posted by:	Finansinspektionen, Sweden
Company:	Eden Management Partners
Link:	http://www.fma.gv.at/de/verbraucher/investorenwarnungen/nationale-warnmeldungen/detail-natwm/article/eden-management-partners.html
Posted by:	Financial Market Authority, Austria
Company:	House of Finance AG
Link:	http://www.fma.gv.at/de/verbraucher/investorenwarnungen/nationale-warnmeldungen/detail-natwm/article/house-of-finance-ag.html
Posted by:	Financial Market Authority, Austria
Company:	Lawrence James and Associates
Link:	http://www.centralbank.ie/regulation/unauthorised-firms/Pages/list-search-unath.aspx
Posted by:	Central Bank of Ireland, Ireland
Comments:	Lawrence James and Associates is not authorised to provide investment business services in Ireland. The firm purports to be based in the USA
Company:	Blackswan Morgan
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Company:	Kedington Advisory
Link:	http://www.fi.se/Folder-EN/Startpage/Register/Investor-alerts/Database/
Posted by:	Finansinspektionen, Sweden
Company:	Menzies Overseas Limited
Link:	http://www.fi.se/Folder-EN/Startpage/Register/Investor-alerts/Database/
Posted by:	Finansinspektionen, Sweden
Company:	Yakamoto Investments
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Company:	Everest Asset Management AG
Link:	http://www.fi.se/Folder-EN/Startpage/Register/Investor-alerts/Database/
Posted by:	Finansinspektionen, Sweden
Company:	Impakt Online Marketing (IOM)
Link:	http://www.fi.se/Folder-EN/Startpage/Register/Investor-alerts/Database/
Posted by:	Finansinspektionen, Sweden
Deleted (2)
Company:	Swiss Financial Research
Link:	http://www.fsa.gov.uk/pages/doing/regulated/law/alerts/index.shtml
Posted by:	Financial Services Authority, United Kingdom
Company:	Charles Schwab
Link:	http://www.fsa.gov.uk/pages/Doing/Regulated/Law/Alerts/unauthorised.shtml
Posted by:	Financial Services Authority, United Kingdom
Please click here to go directly to the IOSCO Investor Alerts Portal for more information

2 March 2013
Added (41)
Company:	Genesis Consultoria Ltda.
Link:	http://www.cvm.gov.br/asp/cvmwww/atos/Atos_Redir.asp?Tipo=D&File=\deli\deli703.doc
Posted by:	Comissão de Valores Mobiliários, Brazil
Comments:	Unauthorized offering of investment oportunities in funds and portfolio management services through the internet webpage: http://www.genesisassociados.com
Company:	Inside Gestão de Recursos Ltda.
Link:	http://www.cvm.gov.br/asp/cvmwww/atos/Atos_Redir.asp?Tipo=D&File=\deli\deli704.doc
Posted by:	Comissão de Valores Mobiliários, Brazil
Comments:	Unauthorized offering of portfolio management services through the internet webpage: http://www.insideadmin.com.br
Company:	New England Private Equity LLC
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Company:	Frank Goldenberg Yoshi
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Comments:	Cloned of Inactive FSA authorised approved individuals.
Company:	Frank Goldenberg Yoshi
Link:	http://www.centralbank.ie/regulation/unauthorised-firms/Pages/list-search-unath.aspx
Posted by:	Central Bank of Ireland, Ireland
Comments:	Frank Goldenberg Yoshi is not authorised to provide investment business services in Ireland. The firm purports to be based in Hong Kong.
Company:	Ocean Mergers & Acquisitions
Link:	http://www.fi.se/Folder-EN/Startpage/Register/Investor-alerts/Database/
Posted by:	Finansinspektionen, Sweden
Company:	Peking Dragon Limited
Link:	http://www.fi.se/Folder-EN/Startpage/Register/Investor-alerts/Database/
Posted by:	Finansinspektionen, Sweden
Company:	Regency Group Inc. / United States Regulatory Securities Agency
Link:	http://www.fi.se/Folder-EN/Startpage/Register/Investor-alerts/Database/
Posted by:	Finansinspektionen, Sweden
Comments:	Also refering to a fictitious regulator: United States Regulatory Securities Agency
Company:	Persist Global Wealth Management
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Comments:	Clone of FSA authorised firm and approved individual.
Company:	Feinler Management Group
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Company:	Imré Horvath
Link:	http://www.fsma.be/en/Consumers/press/Article/press/warnfsma/2013/2013-02-25_imrehorvath.aspx
Posted by:	Financial Services and Markets Authority, Belgium
Comments:	warning
Company:	Bforex Ltd.
Link:	http://www.finma.ch/e/sanktionen/unbewilligte-institute/pages/details.aspx?orgid=345
Posted by:	Swiss Financial Market Supervisory Authority, Switzerland
Company:	Rothenburger Emissionshaus
Link:	http://www.finma.ch/e/sanktionen/unbewilligte-institute/pages/details.aspx?orgid=346
Posted by:	Swiss Financial Market Supervisory Authority, Switzerland
Company:	Financial Trading Board
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Comments:	Firm is purporting to be an US regulator.
Company:	Winbase Equities
Link:	http://www.sfc.hk/web/EN/alert-list/w.html#1050
Comments:	Securities and Futures Commission, Hong Kong
Company:	Summit Capital Management
Link:	http://www.sfc.hk/web/EN/alert-list/s.html#1047
Comments:	Securities and Futures Commission, Hong Kong
Company:	Grupo Re Mida, S.A.
Link:	http://supervalores.gob.pa/informacion-del-mercado/alerta-al-inversionista/2540.html
Posted by:	Superintendencia del Mercado de Valores, Panama, Republic of
Comments:	Company not registered
Company:	Itrade Secrets, Inc., Capital Wealth Fund, Inc. and CWF Holding Services, Inc.
Link:	http://supervalores.gob.pa/informacion-del-mercado/alerta-al-inversionista/2682.html
Posted by:	Superintendencia del Mercado de Valores, Panama, Republic of
Comments:	Company not registered
Company:	PMA Global Management, S.A., Limited Risk Investment, S.A., Boston Management, S.A., Chicago Comodities and Real Option Advisors
Link:	http://supervalores.gob.pa/informacion-del-mercado/alerta-al-inversionista/2700.html
Posted by:	Superintendencia del Mercado de Valores, Panama, Republic of
Comments:	Company not registered
Company:	Douglas Charles, Inc.
Link:	http://supervalores.gob.pa/informacion-del-mercado/alerta-al-inversionista/3118-warning--non-authorized-entity--douglas-charles-inc.html
Posted by:	Superintendencia del Mercado de Valores, Panama, Republic of
Comments:	Company not registered
Company:	Centex Resources S.A.
Link:	http://supervalores.gob.pa/informacion-del-mercado/alerta-al-inversionista/3154-warning--non-authorized-entity--centex-resources-sa.html
Posted by:	Superintendencia del Mercado de Valores, Panama, Republic of
Comments:	Company not registered
Company:	Sky Invesments Corp, Sky Investment Corporation and Sky Hedge Fund, S.A.
Link:	http://supervalores.gob.pa/informacion-del-mercado/alerta-al-inversionista/3168-warning--non-authorized-entities--sky-invesments-corp-sky-investment-corporation-and-sky-hedge-fund-sa.html
Posted by:	Superintendencia del Mercado de Valores, Panama, Republic of
Comments:	Company not registered
Company:	Orion International Trading Inc.
Link:	http://supervalores.gob.pa/informacion-del-mercado/alerta-al-inversionista/3181-warning--non-authorized-entity--orion-international-trading-inc.html
Posted by:	Superintendencia del Mercado de Valores, Panama, Republic of
Comments:	Company not registered
Company:	Atlantic Financial Holding, Inc.
Link:	http://supervalores.gob.pa/informacion-del-mercado/alerta-al-inversionista/3586-warning-non-authorized-entity-atlantic-financial-holding-inc.html
Posted by:	Superintendencia del Mercado de Valores, Panama, Republic of
Comments:	Company not registered
Company:	Global Capital Managers, S.A. / Inter Euro Data, S.A
Link:	http://supervalores.gob.pa/informacion-del-mercado/alerta-al-inversionista/3588-warning--non-authorized-entity--global-capital-managers-sainter-euro-data-sa.html
Posted by:	Superintendencia del Mercado de Valores, Panama, Republic of
Comments:	Company not registered
Company:	Wao Motor Corporation
Link:	http://supervalores.gob.pa/informacion-del-mercado/alerta-al-inversionista/3593-warning--non-authorized-offer--wao-motor-corporation.html
Posted by:	Superintendencia del Mercado de Valores, Panama, Republic of
Comments:	Company not registered
Company:	Flamel Trading Limited and Publimedia Marketing Services, S.A.
Link:	http://supervalores.gob.pa/informacion-del-mercado/alerta-al-inversionista/3611-warning--non-authorized-entities--flamel-trading-limited-y-publimedia-marketing-services-sa.html
Posted by:	Superintendencia del Mercado de Valores, Panama, Republic of
Comments:	Company not registered
Company:	Olympic Capital Fund, Inc.
Link:	http://supervalores.gob.pa/informacion-del-mercado/alerta-al-inversionista/3963-warning--non-authorized-entity--olympic-capital-fund-inc.html
Posted by:	Superintendencia del Mercado de Valores, Panama, Republic of
Comments:	Company not registered
Company:	Regency Asesores de Inversiones
Link:	http://supervalores.gob.pa/informacion-del-mercado/alerta-al-inversionista/3980-warning--non-authorized-entity--regency-asesores-de-inversione.html
Posted by:	Superintendencia del Mercado de Valores, Panama, Republic of
Comments:	Company not registered
Company:	Virgin Gold Mining Corporation
Link:	http://supervalores.gob.pa/informacion-del-mercado/alerta-al-inversionista/4082-warning--non-authorized-entity--virgin-capital-mining-corporation.html
Posted by:	Superintendencia del Mercado de Valores, Panama, Republic of
Comments:	Company not registered
Company:	Intertrading Consulting Inc.
Link:	http://supervalores.gob.pa/informacion-del-mercado/alerta-al-inversionista/4087-warning--non-authorized-entity--intertrading-consulting-inc-.html
Posted by:	Superintendencia del Mercado de Valores, Panama, Republic of
Comments:	Company not registered
Company:	Financiera Prontocash, S.A.
Link:	http://supervalores.gob.pa/informacion-del-mercado/alerta-al-inversionista/4096-warning--non-authorized-entity--financiera-prontocash.html
Posted by:	Superintendencia del Mercado de Valores, Panama, Republic of
Comments:	Company not registered
Company:	Elan Holding Corp.
Link:	http://supervalores.gob.pa/informacion-del-mercado/alerta-al-inversionista/4208-warning--non-authorized-entity--elanfx.html
Posted by:	Superintendencia del Mercado de Valores, Panama, Republic of
Comments:	Company not registered
Company:	Capital Business Panamá, S.A.
Link:	http://supervalores.gob.pa/files/Avisos/Capital_Business_Panama_EN.pdf
Posted by:	Superintendencia del Mercado de Valores, Panama, Republic of
Comments:	Company not registered
Company:	James B. Clarke & Co. Ltd.
Link:	http://supervalores.gob.pa/informacion-del-mercado/alerta-al-inversionista/4308-warning--non-authorized-entity--james-b-clarke-a-co-ltd.html
Posted by:	Superintendencia del Mercado de Valores, Panama, Republic of
Comments:	Company not registered
Company:	ECN Alpha Limited Inc.
Link:	http://supervalores.gob.pa/informacion-del-mercado/alerta-al-inversionista/4416-warning-non-authorized-entity-ecn-alpha-limited-inc.html
Company:	Traders International Return Network (TIRN, INC.)
Link:	http://supervalores.gob.pa/informacion-del-mercado/alerta-al-inversionista/2574.html
Posted by:	Superintendencia del Mercado de Valores, Panama, Republic of
Comments:	Company not registered
Company:	Sebond Capital Corp.
Link:	http://supervalores.gob.pa/informacion-del-mercado/alerta-al-inversionista/4520-warning--non-authorized-entity--sebond-capital-corp.html
Posted by:	Superintendencia del Mercado de Valores, Panama, Republic of
Comments:	Company not registered
Company:	National Home Marketers, S.A.
Link:	http://supervalores.gob.pa/informacion-del-mercado/alerta-al-inversionista/4658-warning-non-authorized-entity-.html
Posted by:	Superintendencia del Mercado de Valores, Panama, Republic of
Comments:	Company not registered
Company:	Euroinvest Worldwide Inc.
Link:	http://supervalores.gob.pa/informacion-del-mercado/alerta-al-inversionista/4660-warning-non-authorized-entity-.html
Posted by:	Superintendencia del Mercado de Valores, Panama, Republic of
Comments:	Company not registered
Company:	www.natwestint.net.ms
Link:	http://www.jerseyfsc.org/pdf/Public_Statement_www.natwestint.net.ms_February_2013.pdf
Posted by:	Jersey Financial Services Commission, Jersey
Deleted (1)
Company:	Persist Global Wealth Management
Link:	http://www.fsa.gov.uk/pages/Doing/Regulated/Law/Alerts/unauthorised.shtml
Posted by:	Financial Services Authority, United Kingdom
Comments:	Clone of FSA EEA firm
Please click here to go directly to the IOSCO Investor Alerts Portal for more information

23 February 2013
Added (8)
Company:	Limmat Finance AG
Link:	http://www.finma.ch/e/sanktionen/unbewilligte-institute/pages/details.aspx?orgid=344
Posted by:	Swiss Financial Market Supervisory Authority, Switzerland
Company:	Boston Acquisition Group
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Company:	MB Transfer
Link:	http://www.finma.ch/e/sanktionen/unbewilligte-institute/pages/details.aspx?orgid=343
Posted by:	Swiss Financial Market Supervisory Authority, Switzerland
Company:	Geneve Invest (Europe) S.a.r.L
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Comments:	Cloning FSA EEA firm
Company:	MCI-Zurich
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Company:	EDG Sp. z o.o. SKA
Posted by:	Polish Financial Supervision Authority, Poland
Company:	Dom Inwestycyjny "Taurus" SA
Posted by:	Polish Financial Supervision Authority, Poland
Company:	Nelson Capital Advisors
Link:	http://www.iosco.org/investor_alerts/
Posted by:	Financial Services Authority, United Kingdom
Please click here to go directly to the IOSCO Investor Alerts Portal for more information

11 February 2013
Added (17)
Company:	WAGNER BERN / MATTHEW GOODMAN
Link:	http://www.fsma.be/en/Consumers/press/Article/press/warnfsma/2013/2013-02-04_wagnerberne.aspx
Posted by:	Financial Services and Markets Authority, Belgium
Comments:	warning
Company:	COROLLA FINANCIAL
Posted by:	Financial Services and Markets Authority, Belgium
Comments:	warning
Company:	Cohen Corporate Consulting
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms#4
Posted by:	Financial Services Authority, United Kingdom
Company:	GBH Holding and GBH Private Equity Securities, S.A.
Link:	http://www.supervalores.gob.pa/informacion-del-mercado/alerta-al-inversionista/4622-warning--non-authorized-entities--gbh-private-equity-securities-sa-and-gbh-holding-sa.html
Posted by:	Superintendencia del Mercado de Valores, Panama, Republic of
Comments:	Company not registered
Company:	Fondo de Pensiones Generar, S.A.
Link:	http://www.supervalores.gob.pa/informacion-del-mercado/alerta-al-inversionista/4620-warning--non-authorized-entity--fondo-de-pensiones-generar-sa-.html
Posted by:	Superintendencia del Mercado de Valores, Panama, Republic of
Comments:	Company not registered
Company:	Alliance International Limited, Inc.
Link:	http://www.supervalores.gob.pa/informacion-del-mercado/alerta-al-inversionista/4618-warning--non-authorized-entity--alliance-international-limited-inc.html
Posted by:	Superintendencia del Mercado de Valores, Panama, Republic of
Comments:	Company not registered
Company:	Perfect Money Finance Corp.
Link:	http://www.supervalores.gob.pa/informacion-del-mercado/alerta-al-inversionista/4616-warning--non-authorized-entity--perfect-money-finance-corp.html
Posted by:	Superintendencia del Mercado de Valores, Panama, Republic of
Comments:	Company not registered
Company:	Brokerage Company Limited, S.A.
Link:	http://www.supervalores.gob.pa/informacion-del-mercado/alerta-al-inversionista/4614-warning--non-authorized-entity--brokerage-company-limited-sa.html
Posted by:	Superintendencia del Mercado de Valores, Panama, Republic of
Comments:	Company not registered
Company:	Value International Corp.
Link:	http://www.supervalores.gob.pa/informacion-del-mercado/alerta-al-inversionista/4612-warning--non-authorized-entity--value-international-corp.html
Posted by:	Superintendencia del Mercado de Valores, Panama, Republic of
Comments:	Company not registered
Company:	Landora Investing Ltd.
Link:	http://www.bvifsc.vg/News/tabid/160/articleType/ArticleView/articleId/1332/language/en-US/Landora-Investing-Ltd--Advisory-Warning-No-4-of-2013-6-February-2013.aspx
Posted by:	British Virgin Islands Financial Services Commission, British Virgin Islands
Comments:	Advisory warning - unauthorized investment business
Company:	Fidelis Research Group
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Company:	Smith and Olsson
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Company:	Mendel Meir & Safwat
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Company:	Fund Logic
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Comments:	Clone of FSA EEA Authorised firm
Company:	Anderson Franklin Sullivan Partners Ltd.
Link:	http://www.afm.nl/nl/consumenten/risico/waarschuwingen/waarschuwingenlijst-boiler-rooms.aspx
Posted by:	The Netherlands Authority for the Financial Markets, Netherlands, The
Comments:	The warning list "boiler rooms" contains the names of companies that have approached persons without being asked, to offer them investment proposals. The AFM has established that the companies that are included in this warning list do not have an AFM licence or a European Passport.
Company:	Caja Genève WorldPay
Link:	http://www.finma.ch/e/sanktionen/unbewilligte-institute/pages/details.aspx?orgid=340
Posted by:	Swiss Financial Market Supervisory Authority, Switzerland
Company:	SCOEx, Swiss Commodities & Options Exchange
Link:	http://www.finma.ch/e/sanktionen/unbewilligte-institute/pages/details.aspx?orgid=339
Posted by:	Swiss Financial Market Supervisory Authority, Switzerland
Deleted (3)
Company:	Lago sp. z o.o.
Posted by:	Polish Financial Supervision Authority, Poland
Company:	Stadler financiel shareholdings Aktienbank
Link:	http://www.finma.ch/e/sanktionen/unbewilligte-institute/pages/details.aspx?orgid=290
Posted by:	Swiss Financial Market Supervisory Authority, Switzerland
Company:	Bridport Advisory
Link:	http://www.finma.ch/e/sanktionen/unbewilligte-institute/pages/details.aspx?orgid=229
Posted by:	Swiss Financial Market Supervisory Authority, Switzerland
Please click here to go directly to the IOSCO Investor Alerts Portal for more information

1 February 2013
Added (13)
Company:	John and Langerdorf Associates
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Company:	Pendulum Capital Markets Inc.
Link:	http://www.centralbank.ie/regulation/unauthorised-firms/Pages/list-search-unath.aspx
Posted by:	Central Bank of Ireland, Ireland
Comments:	Pendulum Capital Markets Inc. is not authorised to provide investment services in Ireland. The firm purports to be based in the USA.
Company:	Haffkin-Roth / South Korea Derivatives Exchange, SKDEX
Link:	http://www.fi.se/Folder-EN/Startpage/Register/Investor-alerts/Database/
Posted by:	Finansinspektionen, Sweden
Company:	Informatica y gestión Costa del Sol, SL (I&Gc.s.)
Link:	http://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=3&nombre=informatica%20y%20gestion%20costa%20del%20sol
Posted by:	Comisión Nacional del Mercado de Valores, Spain
Company:	Securities Trading Board
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts
Posted by:	Financial Services Authority, United Kingdom
Company:	Tifozi Investments Limited
Link:	http://www.bvifsc.vg/News/tabid/160/articleType/ArticleView/articleId/1330/language/en-US/Tifozi-Investment-Limited--Advisory-Warning-No-3-of-2013-23-January-2013.aspx
Posted by:	British Virgin Islands Financial Services Commission, British Virgin Islands
Comments:	Aka: OptionRally Advisory warning - unauthorized investment business
Company:	Pacific Capital Management
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Company:	Swiss Money Finance Ltd.
Link:	http://www.fma.gv.at/de/verbraucher/investorenwarnungen/nationale-warnmeldungen/detail-natwm/article/swiss-money-finance-ltd.html
Posted by:	Financial Market Authority, Austria
Company:	Hemmington Capital Markets
Link:	http://www.fma.gv.at/de/verbraucher/investorenwarnungen/nationale-warnmeldungen/detail-natwm/article/hemmington-capital-markets.html
Posted by:	Financial Market Authority, Austria
Company:	Tokushima Worldwide
Link:	http://www.fma.gv.at/de/verbraucher/investorenwarnungen/nationale-warnmeldungen/detail-natwm/article/tokushima-worldwide.html
Posted by:	Financial Market Authority, Austria
Company:	Jacobs & Keller
Link:	http://www.fma.gv.at/de/verbraucher/investorenwarnungen/nationale-warnmeldungen/detail-natwm/article/jacobs-keller.html
Posted by:	Financial Market Authority, Austria
Company:	Savings Fund Limited
Link:	http://www.cnb.cz/cs/spotrebitel/ochrana_spotrebitele/upozorneni/upozorneni_savings_fund.html
Posted by:	Czech National Bank, Czech Republic
Comments:	The Czech National Bank wishes to point out that Savings Fund Limited, which is offering banking and other financial services via an internet presentation, see http://www.savingsfunds.co.nz/cz/index.php, in the Czech language, currently has no authorisation to provide banking, investment or other services on the financial market in the Czech Republic and is not supervised by the Czech National Bank. A potential investment is not insured by law.
Company:	FTGFX Solutions Inc. (doing business as FxRebateGurus.com)
Link:	http://www.osc.gov.on.ca/en/Investors_wl_20130124_ftgfx-solution.htm
Posted by:	Ontario Securities Commission, Ontario
Comments:	Company not registered
Please click here to go directly to the IOSCO Investor Alerts Portal for more information

2 February 2013
Added (13)
Company:	John and Langerdorf Associates
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Company:	Pendulum Capital Markets Inc.
Link:	http://www.centralbank.ie/regulation/unauthorised-firms/Pages/list-search-unath.aspx
Posted by:	Central Bank of Ireland, Ireland
Comments:	Pendulum Capital Markets Inc. is not authorised to provide investment services in Ireland. The firm purports to be based in the USA.
Company:	Haffkin-Roth / South Korea Derivatives Exchange, SKDEX
Link:	http://www.fi.se/Folder-EN/Startpage/Register/Investor-alerts/Database/
Posted by:	Finansinspektionen, Sweden
Company:	Informatica y gestión Costa del Sol, SL (I&Gc.s.)
Link:	http://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=3&nombre=informatica%20y%20gestion%20costa%20del%20sol
Posted by:	Comisión Nacional del Mercado de Valores, Spain
Company:	Securities Trading Board
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts
Posted by:	Financial Services Authority, United Kingdom
Company:	Tifozi Investments Limited
Link:	http://www.bvifsc.vg/News/tabid/160/articleType/ArticleView/articleId/1330/language/en-US/Tifozi-Investment-Limited--Advisory-Warning-No-3-of-2013-23-January-2013.aspx
Posted by:	British Virgin Islands Financial Services Commission, British Virgin Islands
Comments:	Aka: OptionRally Advisory warning - unauthorized investment business
Company:	Pacific Capital Management
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Company:	Swiss Money Finance Ltd.
Link:	http://www.fma.gv.at/de/verbraucher/investorenwarnungen/nationale-warnmeldungen/detail-natwm/article/swiss-money-finance-ltd.html
Posted by:	Financial Market Authority, Austria
Company:	Hemmington Capital Markets
Link:	http://www.fma.gv.at/de/verbraucher/investorenwarnungen/nationale-warnmeldungen/detail-natwm/article/hemmington-capital-markets.html
Posted by:	Financial Market Authority, Austria
Company:	Tokushima Worldwide
Link:	http://www.fma.gv.at/de/verbraucher/investorenwarnungen/nationale-warnmeldungen/detail-natwm/article/tokushima-worldwide.html
Posted by:	Financial Market Authority, Austria
Company:	Jacobs & Keller
Link:	http://www.fma.gv.at/de/verbraucher/investorenwarnungen/nationale-warnmeldungen/detail-natwm/article/jacobs-keller.html
Posted by:	Financial Market Authority, Austria
Company:	Savings Fund Limited
Link:	http://www.cnb.cz/cs/spotrebitel/ochrana_spotrebitele/upozorneni/upozorneni_savings_fund.html
Posted by:	Czech National Bank, Czech Republic
Comments:	The Czech National Bank wishes to point out that Savings Fund Limited, which is offering banking and other financial services via an internet presentation, see http://www.savingsfunds.co.nz/cz/index.php, in the Czech language, currently has no authorisation to provide banking, investment or other services on the financial market in the Czech Republic and is not supervised by the Czech National Bank. A potential investment is not insured by law.
Company:	FTGFX Solutions Inc. (doing business as FxRebateGurus.com)
Link:	http://www.osc.gov.on.ca/en/Investors_wl_20130124_ftgfx-solution.htm
Posted by:	Ontario Securities Commission, Ontario
Comments:	Company not registered
Please click here to go directly to the IOSCO Investor Alerts Portal for more information

26 January 2013
Added (20)
Company:	COLLINGBOURNE GROUP
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts
Posted by:	Financial Services Authority, United Kingdom
Company:	Fairbairn Private Bank
Link:	http://www.jerseyfsc.org/pdf/Public%20Statement_%20Fairbairn_23%20January%202013_Final.pdf
Posted by:	Jersey Financial Services Commission, Jersey
Company:	http://caheninvestimentos.com
Link:	http://www.cvm.gov.br/asp/cvmwww/Atos/Atos/deli/deli690.doc
Posted by:	Comissão de Valores Mobiliários, Brazil
Comments:	Unauthorized offering of investment opportunities in quotas of fund: CAHEN INVESTIMENTOS.
Company:	CR7 REFLORESTAMENTO LTDA.
Link:	http://www.cvm.gov.br/asp/cvmwww/Atos/Atos/deli/deli702.doc
Posted by:	Comissão de Valores Mobiliários, Brazil
Comments:	Unauthorized ofering of investment oportunities through the internet webpage: www.grupocr7.com.br/web/reflorestamento/
Company:	ELOS BR CONSULTORIA E COMÉRCIO LTDA - ME
Link:	http://www.cvm.gov.br/dados/DocSai/2367DA387467408B89792BFD7AAC38C9.doc
Posted by:	Comissão de Valores Mobiliários, Brazil
Comments:	Unauthorized security intermediation activities.
Company:	KPR Associates S.A.
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts
Posted by:	Financial Services Authority, United Kingdom
Company:	Orcan Software Investments SA
Posted by:	Polish Financial Supervision Authority, Poland
Company:	MM Institutional
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Comments:	Clone of FSA regsitered firm
Company:	Persist Global Wealth Management
Link:	http://www.fsa.gov.uk/pages/Doing/Regulated/Law/Alerts/unauthorised.shtml
Posted by:	Financial Services Authority, United Kingdom
Comments:	Clone of FSA EEA firm
Company:	Kensington Reserve
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Company:	Stansfield Private Equity Ltd.
Link:	http://www.fi.se/Folder-EN/Startpage/Register/Investor-alerts/Database/
Posted by:	Finansinspektionen, Sweden
Company:	Investec Asset Management Limited
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Comments:	Clone of FSA authorised firm
Company:	WOW! EMPREENDIMENTOS S/A
Link:	http://www.cvm.gov.br/asp/cvmwww/Atos/Atos/deli/deli700.doc
Posted by:	Comissão de Valores Mobiliários, Brazil
Comments:	Unauthorized public issuing of shares.
Company:	http://www.saturnov.com/
Link:	http://www.cvm.gov.br/asp/cvmwww/Atos/Atos/deli/deli701.doc
Posted by:	Comissão de Valores Mobiliários, Brazil
Comments:	Unauthorized offering of investment opportunities in quotas of fund: FUNDO DE INVESTIMENTO SATURNO V, as well as other investment vehicles.
Company:	Kleinwort Finance
Link:	http://www.cssf.lu/fileadmin/files/Protection_consommateurs/Avertissements/A_Kleinwort_210113_EN.pdf
Posted by:	Commission de surveillance du secteur financier, Luxembourg, Grand Duchy of
Company:	Hutchinson Partners
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Company:	Titan Worldwide Recovery
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Company:	Walter Harris & Company
Link:	http://www.fsa.gov.uk/pages/Doing/Regulated/Law/Alerts/overseas.shtml
Posted by:	Financial Services Authority, United Kingdom
Company:	The Toros Group
Link:	http://www.sfc.hk/web/EN/alert-list/#alert-list-1036
Posted by:	Securities and Futures Commission, Hong Kong
Company:	5Decimals Limited
Link:	http://www.sfc.hk/web/EN/alert-list/#alert-list-1037
Posted by:	Securities and Futures Commission, Hong Kong
Deleted (5)
Company:	MM Institutional
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Comments:	Clone of FSA registered firm.
Company:	Victory Life & Pensions Assurance Company Ltd
Link:	http://www.finma.ch/e/sanktionen/unbewilligte-institute/pages/details.aspx?orgid=323
Posted by:	Swiss Financial Market Supervisory Authority, Switzerland
Company:	Investec Asset Management Limited
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Comments:	Clone of FSA authorised firm
Company:	ACUMEN BANK LTD
Link:	http://www.finma.ch/e/sanktionen/unbewilligte-institute/pages/details.aspx?orgid=289
Posted by:	Swiss Financial Market Supervisory Authority, Switzerland
Company:	Global Investment Management
Link:	http://www.finma.ch/e/sanktionen/unbewilligte-institute/pages/details.aspx?orgid=285
Posted by:	Swiss Financial Market Supervisory Authority, Switzerland
	Please click here to go directly to the IOSCO Investor Alerts Portal for more information

	19 January 2013
	Added (2)
Company:	Diversified Capital
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Company:	ALLASS BVBA Advisory Group
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Comments:	Firm is cloning an FSA EEA authorised firm.
	Please click here to go directly to the IOSCO Investor Alerts Portal for more information

	12 January 2013
	Added (16)
Company:	Kalle Business Consulting LLC
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Company:	Admiral Commodities Inc.
Link:	http://www.fi.se/Folder-EN/Startpage/Register/Investor-alerts/Database/
Posted by:	Finansinspektionen, Sweden
Company:	Agentur Bosser
Link:	http://www.finma.ch/e/sanktionen/unbewilligte-institute/pages/details.aspx?orgid=336
Posted by:	Swiss Financial Market Supervisory Authority, Switzerland
Company:	Wheeler Asset Management
Link:	http://www.finma.ch/e/sanktionen/unbewilligte-institute/pages/details.aspx?orgid=335
Posted by:	Swiss Financial Market Supervisory Authority, Switzerland
Company:	Parker & Masters LLC
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Company:	Universal Investments (International) Limited
Link:	http://www.bvifsc.vg/News/tabid/160/articleType/ArticleView/articleId/1325/language/en-US/Universal-Investments-International-Limited--Advisory-Warning-No-2-of-2013-7-January-2013.aspx
Posted by:	British Virgin Islands Financial Services Commission, British Virgin Islands
Comments:	Aka: Universal Investments Limited Aka: Universal Investments (Financial Services) Limited Aka: Universal FX Advisory warning - unauthorized investment business
Company:	MIKA Holdings Inc.
Link:	http://www.bvifsc.vg/News/tabid/160/articleType/ArticleView/articleId/1324/language/en-US/MIKA-Holdings-Inc--Advisory-Warning-No-1-of-2013-7-January-2013.aspx
Posted by:	British Virgin Islands Financial Services Commission, British Virgin Islands
Comments:	Advisory warning - unauthorized investment business
Company:	Morris and Hill Acquisitions
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Company:	Credit Pacific Group
Link:	http://www.sfc.hk/web/EN/alert-list/c.html#1025
Posted by:	Securities and Futures Commission, Hong Kong
Company:	Credit Pacific Bank Limited
Link:	http://www.sfc.hk/web/EN/alert-list/c.html#1027
Posted by:	Securities and Futures Commission, Hong Kong
Company:	Credit Pacific (Asia) Holdings Limited
Link:	http://www.sfc.hk/web/EN/alert-list/c.html#1026
Posted by:	Securities and Futures Commission, Hong Kong
Company:	Stansell Corporate Services LLC
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Company:	Credit Pacific (Asia) Asset Management Limited
Link:	http://www.sfc.hk/web/EN/alert-list/c.html#1028
Posted by:	Securities and Futures Commission, Hong Kong
Company:	Handels Securities
Link:	http://www.finma.ch/e/sanktionen/unbewilligte-institute/pages/details.aspx?orgid=334
Posted by:	Swiss Financial Market Supervisory Authority, Switzerland
Company:	Overseas Corporate Advisors Inc
Link:	http://www.sfc.hk/web/EN/alert-list/o.html#1024
Posted by:	Securities and Futures Commission, Hong Kong
Company:	PARK EAST CAPITAL
Posted by:	Financial Services and Markets Authority, Belgium
Comments:	warning
	Please click here to go directly to the IOSCO Investor Alerts Portal for more information

	7 January 2013
	Added (6)
Company:	Gordon, Tait & Co. LLC
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Company:	Mitchell Berry Consultancy
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Company:	United World Capital
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Comments:	Cloning FSA EEA authorised firm
Company:	Maynes Business Services LLC
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Company:	Mercator Amalgamated
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Company:	Benson Union Limited
Link:	http://www.bvifsc.vg/News/tabid/160/articleType/ArticleView/articleId/1320/language/en-US/Benson-Union-Limited--Advisory-Warning-No-32-of-2012-31-December-2012.aspx
Posted by:	British Virgin Islands Financial Services Commission, British Virgin Islands
Comments:	Aka: Benson Union - Advisory warning unauthorized investment business
	Please click here to go directly to the IOSCO Investor Alerts Portal for more information

	22 December 2012
	Added (17)
Company:	Harvard Alliance
Link:	http://www.finma.ch/e/sanktionen/unbewilligte-institute/pages/details.aspx?orgid=332
Posted by:	Swiss Financial Market Supervisory Authority, Switzerland
Company:	Pamp Suisse Ltd.
Link:	http://www.finma.ch/e/sanktionen/unbewilligte-institute/pages/details.aspx?orgid=331
Posted by:	Swiss Financial Market Supervisory Authority, Switzerland
Company:	Litmus Capital Management Group
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Comments:	Firm is cloning details of a US based company.
Company:	SWFInvestguide Financial Services Inc.
Link:	http://www.finma.ch/e/sanktionen/unbewilligte-institute/pages/details.aspx?orgid=329
Posted by:	Swiss Financial Market Supervisory Authority, Switzerland
Company:	Bankhurst Securities
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Company:	Brasrec LLC
Link:	http://www.osc.gov.on.ca/en/Investors_wl_201100209_brunel-asset.htm
Posted by:	Ontario Securities Commission, Ontario
Comments:	Company not registered.
Company:	International Securities Authority
Link:	http://www.osc.gov.on.ca/en/Investors_wl_20121219_int-securities-authority.htm
Posted by:	Ontario Securities Commission, Ontario
Comments:	Company not registered.
Company:	Goldentech Entertainment Software Inc. and Casino VR Inc.
Link:	http://www.osc.gov.on.ca/en/Investors_wl_20121219_goldentech-casino.htm
Posted by:	Ontario Securities Commission, Ontario
Comments:	Companies not registered.
Company:	Flag Resources (1985) Limited
Link:	http://www.bcsc.bc.ca/release.aspx?id=16238
Posted by:	British Columbia Securities Commission, British Columbia
Company:	Global Asset Traders Inc.
Link:	http://www.finma.ch/e/sanktionen/unbewilligte-institute/pages/details.aspx?orgid=328
Posted by:	Swiss Financial Market Supervisory Authority, Switzerland
Company:	Genesis Transfer Group
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Company:	BCF International Capital S.A.
Link:	http://www.bvifsc.vg/News/tabid/160/articleType/ArticleView/articleId/1314/language/en-US/BCF-International-Capital-SA-et-al--Advisory-Warning-No-30-of-2012-14-December-2012.aspx
Posted by:	British Virgin Islands Financial Services Commission, British Virgin Islands
Comments:	Aka: BCF Bankorp International Capital S.A. Aka: BCF Bankorp Aka: BCF Banker Plus Aka: BCF Consulting - Advisory warning
Company:	Peekwood Private Trust and Holdings
Link:	http://www.bvifsc.vg/News/tabid/160/articleType/ArticleView/articleId/1313/language/en-US/Peekwood-Private-Trust-and-Holdings--Advisory-Warning-No-29-of-2012-14-December-2012.aspx
Posted by:	British Virgin Islands Financial Services Commission, British Virgin Islands
Comments:	Advisory warning
Company:	Sharptext Branch Inc.
Link:	http://www.bvifsc.vg/News/tabid/160/articleType/ArticleView/articleId/1312/language/en-US/Sharptext-Branch-Inc--Advisory-Warning-No-28-of-2012-14-December-2012.aspx
Posted by:	British Virgin Islands Financial Services Commission, British Virgin Islands
Comments:	Advisory warning
Company:	AVA Private Bank
Link:	http://www.finma.ch/e/sanktionen/unbewilligte-institute/pages/details.aspx?orgid=327
Posted by:	Swiss Financial Market Supervisory Authority, Switzerland
Company:	LGT International Group (HK) Co., Ltd. und LGTFX Group
Link:	http://www.finma.ch/e/sanktionen/unbewilligte-institute/pages/details.aspx?orgid=326
Posted by:	Swiss Financial Market Supervisory Authority, Switzerland
Company:	Inwestycje-Plus
Posted by:	Polish Financial Supervision Authority, Poland
	Deleted (1)
Comapny:	Litmus Capital Management
Link:	http://www.fsa.gov.uk/pages/Doing/Regulated/Law/Alerts/overseas.shtml
Posted by:	Financial Services Authority, United Kingdom
	Please click here to go directly to the IOSCO Investor Alerts Portal for more information

	15 December 2012
	Added (11)
Company:	Dragon International
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts
Posted by:	Financial Services Authority, United Kingdom
Company:	Non-standard investments proposed in diverse sectors
Link:	http://www.amf-france.org/affiche_plan.asp?IdSec=19&IdRub=192&IdPlan=214
Posted by:	Autorité des marchés financiers, France
Company:	Ava FX
Posted by:	Comissão de Valores Mobiliários, Brazil
Comments:	Entity not authorized to offer investment opportunities in the Forex market to Brazilian residents by any means (online or other).
Company:	The GrayBurg Group
Link:	http://www.finma.ch/e/sanktionen/unbewilligte-institute/pages/details.aspx?orgid=325
Posted by:	Swiss Financial Market Supervisory Authority, Switzerland
Company:	Litmus Capital Management Group
Link:	http://www.fi.se/Folder-EN/Startpage/Register/Investor-alerts/Database/
Posted by:	Finansinspektionen, Sweden
Comments:	Litmus Capital Management Group LLC is impersonating a formerly registered investment adviser firm with a similar name - Litmus Capital Management LLC (CRD Number: 138130; SEC Number: 801-65501), which had the following mailing address: 1325 Avenue of the Americas, 28th Floor, New York, NY 10019. The impersonator has NO connection with, and is not to be confused with, the former genuine Litmus Capital Management LLC.
Company:	Mercury Global Acquisitions
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Company:	Cohen & Levy Associates
Link:	http://www.fi.se/Folder-EN/Startpage/Register/Investor-alerts/Database/
Posted by:	Finansinspektionen, Sweden
Comments:	Also refering to a fictitious regulator: U.S. Mergers & Acquisitions Regulators
Company:	Regal International
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Comments:	Firm is cloning the FRN number of a FSA PSD Agent.
Company:	Ocean International Ltd., Manhattan Capital Corp. and Wealth Capital Corp.
Link:	http://www.osc.gov.on.ca/en/Investors_wl_20121211_ocean-int.htm
Posted by:	Ontario Securities Commission, Ontario
Comments:	Companies not registered
Company:	Kessler and Partners
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Company:	Bradford Securities LLC
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
	Deleted (1)
Company:	Litmus Capital Management Group
Link:	http://www.fi.se/Folder-EN/Startpage/Consumer/Investor-alerts/Database/
Posted by:	Finansinspektionen, Sweden
	Please click here to go directly to the IOSCO Investor Alerts Portal for more information

	8 December 2012
	Added (9)
Company:	Merkel Financial Incorporated
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Company:	Rabo Strategies
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Comments:	Clone of FSA EEA authorised firm.
Company:	TND CAPITAL
Posted by:	Financial Services and Markets Authority, Belgium
Comments:	warning
Company:	ABNEY ASSOCIATES
Posted by:	Financial Services and Markets Authority, Belgium
Comments:	warning
Company:	Goldman Sachs International
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Comments:	Clone of FSA authorised firm.
Company:	World Wide Financial
Link:	http://www.finma.ch/e/sanktionen/unbewilligte-institute/pages/details.aspx?orgid=324
Posted by:	Swiss Financial Market Supervisory Authority, Switzerland
Company:	One Global Management
Link:	http://www.fi.se/Folder-EN/Startpage/Register/Investor-alerts/Database/
Posted by:	Finansinspektionen, Sweden
Company:	Ascot Energy Services Ltd.
Link:	http://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=3&nombre=ascot
Posted by:	Comisión Nacional del Mercado de Valores, Spain
Company:	Ascot Management Services Ltd.
Link:	http://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=3&nombre=ascot
Posted by:	Comisión Nacional del Mercado de Valores, Spain
	Please click here to go directly to the IOSCO Investor Alerts Portal for more information

	3 December 2012
	Added (18)
Company:	Golden Grail Ltd.
Link:	http://www.cnb.cz/cs/spotrebitel/ochrana_spotrebitele/upozorneni/upozorneni_golden_grail_ltd.html
Posted by:	Czech National Bank, Czech Republic
Comments:	The Czech National Bank wishes to point out to activities of Golden Grail Ltd., registered address Trident Chambers, P.O. Box 1388, Victoria, Mahé, Seychelles, Reg. No. 108312, having a representation office at Regus Brno Spielberk, Holandská 2/4, 639 00 Brno. Golden Grail Ltd. is addressing potential investors in Czech via http://goldengrail.eu with an offer of investment on the forex market with above-average returns in the form of dividends of this company. Golden Grail Ltd. currently has no authorisation by the Czech National Bank to provide investment services or other services on the financial market in the Czech Republic.
Company:	MM Institutional
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Comments:	Clone of FSA registered firm.
Company:	Salomon and Associates
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts
Posted by:	Financial Services Authority, United Kingdom
Company:	Richardson Capital Group/Richardson Consultancy
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Company:	Redford Securities International
Link:	http://www.sfc.hk/web/EN/alert-list/r.html#1016
Posted by:	Securities and Futures Commission, Hong Kong
Company:	Rosslin & Wilson Ltd
Link:	http://www.bvifsc.vg/News/tabid/160/articleType/ArticleView/articleId/1304/language/en-GB/Rosslin-Wilson-Ltd--Advisory-Warning-No-27-of-2012-28-November-2012.aspx
Posted by:	British Virgin Islands Financial Services Commission, British Virgin Islands
Comments:	Aka: Trading Coalition - Advisory warning
Company:	BVI Financial Services
Link:	http://www.bvifsc.vg/News/tabid/160/articleType/ArticleView/articleId/1303/language/en-GB/BVI-Financial-Services--Advisory-Warning-No-26-of-2012-28-November-2012.aspx
Posted by:	British Virgin Islands Financial Services Commission, British Virgin Islands
Comments:	Aka: BVI Securities & Escrow Ltd. Aka: BVI Financial & Securities Aka: BVI Financial - Advisory warning
Company:	Montgomery Roth International Ltd
Link:	http://www.bvifsc.vg/News/tabid/160/articleType/ArticleView/articleId/1302/language/en-GB/Montgomery-Roth-International-Ltd--Advisory-Warning-No-25-of-2012-28-November-2012.aspx
Posted by:	British Virgin Islands Financial Services Commission, British Virgin Islands
Comments:	Aka: MRI Limited International BVI - Advisory warning
Company:	Victory Life & Pensions Assurance Company Ltd
Link:	http://www.finma.ch/e/sanktionen/unbewilligte-institute/pages/details.aspx?orgid=323
Posted by:	Swiss Financial Market Supervisory Authority, Switzerland
Company:	Capital Alliances
Link:	http://www.amf-france.org/affiche_plan.asp?IdSec=19&IdRub=192&IdPlan=214&lang=en
Posted by:	Autorité des marchés financiers, France
Comments:	Warning dated 23 November 2012.
Company:	Treld Invest GB
Link:	http://www.amf-france.org/affiche_plan.asp?IdSec=7&IdRub=122&IdPlan=214
Posted by:	Autorité des marchés financiers, France
Comments:	Warning dated 22 November 2012.
Company:	China International Capital Group
Link:	http://www.osc.gov.on.ca/en/Investors_wl_20121127_china-international.htm
Posted by:	Ontario Securities Commission, Ontario
Comments:	Company not registered
Company:	Epsilon Capital Management ECM
Link:	http://www.finma.ch/e/sanktionen/unbewilligte-institute/pages/details.aspx?orgid=322
Posted by:	Swiss Financial Market Supervisory Authority, Switzerland
Company:	Douglas Charles
Link:	http://www.finma.ch/e/sanktionen/unbewilligte-institute/pages/details.aspx?orgid=321
Posted by:	Swiss Financial Market Supervisory Authority, Switzerland
Company:	Lago sp. z o.o.
Posted by:	Polish Financial Supervision Authority, Poland
Company:	BP Holdings
Link:	http://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=3&nombre=BP%20Holdings
Posted by:	Comisión Nacional del Mercado de Valores, Spain
Company:	UST Financial Services Corp
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Company:	Prudential Global Group
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts
Posted by:	Financial Services Authority, United Kingdom
	Deleted (1)
Company:	Quantum Partners Ltd
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Comments:	Entity is using the address of a formerly FSA registered firm.
	Please click here to go directly to the IOSCO Investor Alerts Portal for more information

	24 November 2012
	Added (16)
Company:	Giles and Hochman Consulting
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Company:	Best Commodity Options S.A.
Link:	http://www.osc.gov.on.ca/en/Investors_wl_20121122_best-commodity.htm
Posted by:	Ontario Securities Commission, Ontario
Comments:	Company not registered
Company:	Fairvesta
Posted by:	Autorité des marchés financiers, France
Comments:	Warning issued on 5 November 2012
Company:	China International Capital Group
Link:	http://www.afm.nl/nl/consumenten/vertrouwen/bedrijf_bekend.aspx
Posted by:	The Netherlands Authority for the Financial Markets, Netherlands, The
Comments:	The warning list "boiler rooms" contains the names of companies that have approached persons without being asked, to offer them investment proposals. The AFM has established that the companies that are included in this warning list do not have an AFM licence or a European Passport.
Company:	Blumkin Global
Link:	http://www.afm.nl/nl/consumenten/vertrouwen/bedrijf_bekend.aspx
Posted by:	The Netherlands Authority for the Financial Markets, Netherlands, The
Comments:	The warning list "boiler rooms" contains the names of companies that have approached persons without being asked, to offer them investment proposals. The AFM has established that the companies that are included in this warning list do not have an AFM licence or a European Passport.
Company:	Solaris Financial Solutions
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Company:	Aomori Group
Link:	http://www.fma.gv.at/de/verbraucher/investorenwarnungen/nationale-warnmeldungen/detail-natwm/article/aomori-group.html
Posted by:	Financial Market Authority, Austria
Company:	Opulentia S.A.
Posted by:	Polish Financial Supervision Authority, Poland
Company:	European Consumer & Business Protection Agency ECBPA
Link:	http://www.finma.ch/e/sanktionen/unbewilligte-institute/pages/details.aspx?orgid=319
Posted by:	Swiss Financial Market Supervisory Authority, Switzerland
Company:	Warner Abbott Capital Management
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Company:	Talisman Finance
Link:	http://www.centralbank.ie/regulation/unauthorised-firms/Pages/list-search-unath.aspx
Posted by:	Central Bank and Financial Services Authority, Ireland
Comments:	Talisman Finance is not authorised to provide investment services in Ireland. The firm purports to be based in the USA.
Company:	Goff Private Equity Limited
Link:	http://www.centralbank.ie/regulation/unauthorised-firms/Pages/list-search-unath.aspx
Posted by:	Central Bank and Financial Services Authority, Ireland
Comments:	Goff Private Equity Limited is not authorised as an investment firm in Ireland and is not authorised to provide investment services in Ireland. The firm purports to be based in Ireland
Company:	Eagle Advisors
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Comments:	Firm is cloning the details of a FSA Authorised firm.
Company:	Maxwell Consultancy
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Company:	Quantum Partners Ltd
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Comments:	Entity is using the address of a formerly FSA registered firm.
Company:	Deutsche Bank AG
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Comments:	(Clone of FSA EEA authorised firm)
	Deleted (1)
Company:	Quantum Partners Ltd
Link:	http://www.fsa.gov.uk/pages/doing/regulated/law/alerts/index.shtml
Posted by:	Financial Services Authority, United Kingdom
	Please click here to go directly to the IOSCO Investor Alerts Portal for more information

	17 November 2012
	Added (14)
Company:	WILLIAM BLAKE
Posted by:	Financial Services and Markets Authority, Belgium
Comments:	warning
Company:	Scottsdale Capital Consultancy Services
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Company:	Mergers & Acquisitions Supervision & Administration Commission (MASAC)
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Comments:	Fictitious regulator.
Company:	Pacific Transfers International
Link:	http://www.sfc.hk/web/EN/alert-list/p.html#1006
Posted by:	Securities and Futures Commission, Hong Kong
Company:	Shanghai Continental Futures Co. Ltd. / SCFS Group Limited
Link:	http://www.sfc.hk/web/EN/alert-list/s.html#1005
Posted by:	Securities and Futures Commission, Hong Kong
Company:	Lear Capital Group
Link:	http://www.sfc.hk/web/EN/alert-list/l.html#1004
Posted by:	Securities and Futures Commission, Hong Kong
Company:	Strategic Global Investments / SGI Traders SA
Link:	http://www.bcsc.bc.ca/cautionperson.aspx?id=16022
Posted by:	British Columbia Securities Commission, British Columbia
Company:	Eureka Consulting Ltd
Link:	http://www.afm.nl/nl/consumenten/risico/waarschuwingen/waarschuwingenlijst-boiler-rooms.aspx?pagnr=2&perpage=10
Posted by:	The Netherlands Authority for the Financial Markets, Netherlands, The
Comments:	The warning list "boiler rooms" contains the names of companies that have approached persons without being asked, to offer them investment proposals. The AFM has established that the companies that are included in this warning list do not have an AFM licence or a European Passport.
Company:	Trans Reliance Inc
Link:	http://www.afm.nl/nl/consumenten/risico/waarschuwingen/waarschuwingenlijst-boiler-rooms.aspx?pagnr=5&perpage=10
Posted by:	The Netherlands Authority for the Financial Markets, Netherlands, The
Comments:	The warning list "boiler rooms" contains the names of companies that have approached persons without being asked, to offer them investment proposals. The AFM has established that the companies that are included in this warning list do not have an AFM licence or a European Passport.
Company:	GBTRADE International Worldwide Limited
Link:	http://www.sfc.hk/web/EN/alert-list/g.html#1003
Posted by:	Securities and Futures Commission, Hong Kong
Company:	ChargeXP Investments Ltd. (doing business as uTrader.com)
Link:	http://www.osc.gov.on.ca/en/Investors_wl_20121113_charge-xp.htm
Posted by:	Ontario Securities Commission, Ontario
Comments:	Company not registered
Company:	PROACTIVE MANAGEMENT GmbH
Link:	http://www.finma.ch/e/sanktionen/unbewilligte-institute/pages/details.aspx?orgid=318
Posted by:	Swiss Financial Market Supervisory Authority, Switzerland
Company:	Sun-Wealth Corporate Finance
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Company:	Walker Financial Management
Link:	http://www.fsa.gov.uk/pages/Doing/Regulated/Law/Alerts/overseas.shtml
Posted by:	Financial Services Authority, United Kingdom
Comments:	Clone of FSA firm
	Please click here to go directly to the IOSCO Investor Alerts Portal for more information

	12 November 2012
	Added (21)
Company:	Eden Management Partners
Link:	http://www.fi.se/Folder-EN/Startpage/Consumer/Investor-alerts/Database/
Posted by:	Finansinspektionen, Sweden
Company:	Riverbrook Capital
Link:	http://www.sfc.hk/web/EN/alert-list/r.html#1002
Posted by:	Securities and Futures Commission, Hong Kong
Company:	Claybourne Group
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Company:	Update-several websites proposing binary options
Posted by:	Autorité des marchés financiers, France
Comments:	Warning issued on 24 October 2012
Company:	Center Finance Management
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Company:	Carwash Investment Sp. z o.o.
Posted by:	Polish Financial Supervision Authority, Poland
Company:	Fundacja Castellum
Posted by:	Polish Financial Supervision Authority, Poland
Company:	Financial Solution Blackstone
Link:	http://www.centralbank.ie/regulation/unauthorised-firms/Pages/list-search-unath.aspx
Posted by:	Central Bank and Financial Services Authority, Ireland
Comments:	Financial Solution Blackstone is not authorised to provide investment services in Ireland. The firm purports to be based in Germany.
Company:	Kaiser Young Associates
Link:	http://www.centralbank.ie/regulation/unauthorised-firms/Pages/list-search-unath.aspx
Posted by:	Central Bank and Financial Services Authority, Ireland
Comments:	Kaiser Young Associates is not authorised to provide investment services in Ireland. The firm purports to be based in Germany.
Company:	Carlton Capital Inc
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Comments:	Firm is using the name and address of a broker-dealer firm previously registered in the US.
Company:	Hollerman & Company LLC
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Company:	MAC INSURANCE LIMITED
Posted by:	Financial Services and Markets Authority, Belgium
Comments:	WARNING
Company:	Blumkin Global
Link:	http://www.sfc.hk/web/EN/alert-list/b.html#1001
Posted by:	Securities and Futures Commission, Hong Kong
Company:	AVI Vermögensberatung
Link:	http://www.fma.gv.at/de/verbraucher/investorenwarnungen/nationale-warnmeldungen/detail-natwm/article/avi-vermoegensberatung.html
Posted by:	Financial Market Authority, Austria
Company:	Stanley Clifford
Link:	http://www.fma.gv.at/de/verbraucher/investorenwarnungen/nationale-warnmeldungen/detail-natwm/article/stanley-clifford.html
Posted by:	Financial Market Authority, Austria
Company:	Korea Merchantile Exchange (KRMEX)
Link:	http://www.fma.gv.at/de/verbraucher/investorenwarnungen/nationale-warnmeldungen/detail-natwm/article/korea-merchantile-exchange-krmex.html
Posted by:	Financial Market Authority, Austria
Company:	Benda Finance
Link:	http://www.fma.gv.at/de/verbraucher/investorenwarnungen/nationale-warnmeldungen/detail-natwm/article/benda-finance.html
Posted by:	Financial Market Authority, Austria
Company:	Yamaguchi Partners Global Head Office
Link:	http://www.fma.gv.at/de/verbraucher/investorenwarnungen/nationale-warnmeldungen/detail-natwm/article/yamaguchi-partners-global-head-office.html
Posted by:	Financial Market Authority, Austria
Company:	Swissmoneybank
Link:	http://www.finma.ch/e/sanktionen/unbewilligte-institute/pages/details.aspx?orgid=317
Posted by:	Swiss Financial Market Supervisory Authority, Switzerland
Company:	Ocean Financial Management
Link:	http://www.finma.ch/d/sanktionen/unbewilligte-institute/Seiten/details.aspx?orgid=316
Posted by:	Swiss Financial Market Supervisory Authority, Switzerland
Company:	International Finance Court (IFC) Hong Kong
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
	Please click here to go directly to the IOSCO Investor Alerts Portal for more information

	4 November 2012
	Added (8)
Company:	SeBond Capital Corporation
Link:	http://www.osc.gov.on.ca/en/Investors_wl_20121102_sebond-capital.htm
Posted by:	Ontario Securities Commission, Ontario
Comments:	Company not registered
Company:	Index Mergers and Acquisitions
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Company:	Drake Merger Management
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Company:	Rhaines LLC
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Company:	SWISSFIN GOLDBANCO SA
Link:	http://www.finma.ch/e/sanktionen/unbewilligte-institute/pages/details.aspx?orgid=315
Posted by:	Swiss Financial Market Supervisory Authority, Switzerland
Company:	Elkin & Associates LLC
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Company:	Lehman Reilly
Link:	http://www.centralbank.ie/regulation/unauthorised-firms/Pages/list-search-unath.aspx
Posted by:	Central Bank and Financial Services Authority, Ireland
Comments:	Lehman Reilly is not authorised as an investment firm in Ireland and is not authorised to provide investment services in Ireland. The firm purports to be based in Ireland
Company:	AJ WYMAN & ASSOCIATES LLC
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts
Posted by:	Financial Services Authority, United Kingdom
	Please click here to go directly to the IOSCO Investor Alerts Portal for more information

	27 October 2012
	Added (10)
Company:	Wealth Capital Corp.
Link:	http://www.lautorite.qc.ca/en/press-releases-2012-corpo.html_2012_caution-derivatives-2012-10-24.html
Posted by:	Autorité des marchés financiers, Quebec
Company:	Heckart Associates LLC
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Company:	Weston and Scott Consultants
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Company:	Vantage Securities
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Company:	Blue Print Securities Ltd, BPS
Link:	http://www.fi.se/Folder-EN/Startpage/Consumer/Investor-alerts/Database/
Posted by:	Finansinspektionen, Sweden
Company:	Weisberg & Cohen LLC
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Company:	Euro American
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Comments:	Clone of FSA EEA authorised firm.
Company:	Walten Pichler
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Comments:	Clone of FSA EEA authorised firm.
Company:	Knox D'Arcy Investment Management Limited
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	(Clone of FSA authorised firm)
Company:	Morrison Capital Group
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
	Please click here to go directly to the IOSCO Investor Alerts Portal for more information

	20 October 2012
	Added (23)
Company:	Lance Bank
Link:	http://www.finma.ch/e/sanktionen/unbewilligte-institute/pages/details.aspx?orgid=314
Posted by:	Swiss Financial Market Supervisory Authority, Switzerland
Company:	Monarch Wealth Consultants
Link:	http://www.fsa.gov.uk/pages/Doing/Regulated/Law/Alerts/overseas.shtml
Posted by:	Financial Services Authority, United Kingdom
Company:	Confoederatio Helvetica Derivatives Futures Exchange
Link:	http://www.finma.ch/e/sanktionen/unbewilligte-institute/pages/details.aspx?orgid=313
Posted by:	Swiss Financial Market Supervisory Authority, Switzerland
Company:	Geneva Commodities SA
Link:	http://www.finma.ch/e/sanktionen/unbewilligte-institute/pages/details.aspx?orgid=312
Posted by:	Swiss Financial Market Supervisory Authority, Switzerland
Company:	Lincon & Carter Associates
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Company:	Williams Consultancy Limited
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Company:	Nord FX
Link:	http://www.cvm.gov.br/
Posted by:	Comissão de Valores Mobiliários, Brazil
Comments:	Link: "Atos Declaratorios". Entity not authorized to offer investment opportunities in the Forex market to Brazilian residents by any means (online or other).
Company:	Robertson Ellis
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Company:	Walten Pichler
Link:	http://www.centralbank.ie/regulation/unauthorised-firms/Pages/list-search-unath.aspx
Posted by:	Central Bank and Financial Services Authority, Ireland
Comments:	Walten Pichler is not authorised to provide investment services in Ireland. The firm purports to be based in the UK & Luxembourg.
Company:	Abney Associates
Link:	http://www.sfc.hk/web/EN/alert-list/a.html#989
Posted by:	Securities and Futures Commission, Hong Kong
Company:	Dietrich & Sohn London
Link:	http://www.fma.gv.at/de/verbraucher/investorenwarnungen/nationale-warnmeldungen/detail-natwm/article/dietrich-sohn-london.html
Posted by:	Financial Market Authority, Austria
Company:	Lawson Knight Group
Link:	http://www.finma.ch/e/sanktionen/unbewilligte-institute/pages/details.aspx?orgid=311
Posted by:	Swiss Financial Market Supervisory Authority, Switzerland
Company:	S-One Financial/Summit One Financial
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Company:	Apex Capital Partners
Link:	http://www.sfc.hk/web/EN/alert-list/a.html#987
Posted by:	Securities and Futures Commission, Hong Kong
Company:	Admiral Finance Group
Link:	http://www.sfc.hk/web/EN/alert-list/a.html#986
Posted by:	Securities and Futures Commission, Hong Kong
Company:	Thompson Gerrard
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Comments:	Firm is cloning details of a previously FSA registered firm.
Company:	GMC Europe
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Comments:	Firm is cloning the details of a previously FSA EEA Authorised firm.
Company:	Provost Management
Link:	http://www.sfc.hk/web/EN/alert-list/p.html#983
Posted by:	Securities and Futures Commission, Hong Kong
Company:	Banc De Binary Private Option Bankers
Link:	http://www.osc.gov.on.ca/en/Investors_wl_20121015_banc-de-binary.htm
Posted by:	Ontario Securities Commission, Ontario
Comments:	Company not registered
Company:	Advice Europe
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Comments:	Clone of FSA EEA authorised firm
Company:	Mitchell Finch International
Link:	http://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=3&nombre=Mitchell%20Finch%20International
Posted by:	Comisión Nacional del Mercado de Valores, Spain
Company:	Macmillan Fine International
Link:	http://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=3&nombre=Mitchell%20Finch%20International
Posted by:	Comisión Nacional del Mercado de Valores, Spain
Company:	Morgan Finch International
Link:	http://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=3&nombre=Morgan%20Finch%20International
Posted by:	Comisión Nacional del Mercado de Valores, Spain
	Please click here to go directly to the IOSCO Investor Alerts Portal for more information

	13 October 2012
	Added (17)
Company:	Helen's Financial Home
Link:	http://www.bvifsc.vg/News/tabid/160/articleType/ArticleView/articleId/1273/language/en-US/Helens-Financial-Home--Advisory-Warning-No-20-of-2012-12-October-2012.aspx
Posted by:	British Virgin Islands Financial Services Commission, British Virgin Islands
Comments:	Advisory warning
Company:	Drake & Childs Global Transfers
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Company:	Money Management AG
Link:	http://www.fma.gv.at/de/verbraucher/investorenwarnungen/nationale-warnmeldungen/detail-natwm/article/money-management-ag.html
Posted by:	Financial Market Authority, Austria
Company:	Mediacred AG
Link:	http://www.fma.gv.at/de/verbraucher/investorenwarnungen/nationale-warnmeldungen/detail-natwm/article/mediacred-ag-1.html
Posted by:	Financial Market Authority, Austria
Company:	Münzberg & Partner
Link:	http://www.fma.gv.at/de/verbraucher/investorenwarnungen/nationale-warnmeldungen/detail-natwm/article/muenzberg-partner.html
Posted by:	Financial Market Authority, Austria
Company:	Aozora Alliance ehemals Shinsei Associates
Link:	http://www.fma.gv.at/de/verbraucher/investorenwarnungen/nationale-warnmeldungen/detail-natwm/article/aozora-alliance-ehemals-shinsei-associates.html
Posted by:	Financial Market Authority, Austria
Company:	www.apolloglobalsecurities.com
Link:	http://www.fma.gv.at/de/verbraucher/investorenwarnungen/nationale-warnmeldungen/detail-natwm/article/wwwapolloglobalsecuritiescom.html
Posted by:	Financial Market Authority, Austria
Company:	Fairway Associates
Link:	http://www.fma.gv.at/de/verbraucher/investorenwarnungen/nationale-warnmeldungen/detail-natwm/article/fairway-associates.html
Posted by:	Financial Market Authority, Austria
Company:	Paramount Financial Group
Link:	http://www.fma.gv.at/de/verbraucher/investorenwarnungen/nationale-warnmeldungen/detail-natwm/article/paramount-financial-group.html
Posted by:	Financial Market Authority, Austria
Company:	Lear Capital Group
Link:	http://www.fi.se/Folder-EN/Startpage/Consumer/Investor-alerts/Database/
Posted by:	Finansinspektionen, Sweden
Company:	Hemmington Capital Markets / Guangzhou Commodity Exchange, GZCOM
Link:	http://www.fi.se/Folder-EN/Startpage/Consumer/Investor-alerts/Database/
Posted by:	Finansinspektionen, Sweden
Company:	Drake Merger Management
Link:	http://www.centralbank.ie/regulation/unauthorised-firms/Pages/list-search-unath.aspx
Posted by:	Central Bank and Financial Services Authority, Ireland
Comments:	Drake Merger Management is not authorised to provide investment services in Ireland. The firm purports to be based in Japan
Company:	Welling & Company, LLC
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Company:	Charles Pearson Investments International
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Company:	Strauss Jones
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Company:	Asesores Financieros Independientes
Link:	http://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=3&nombre=asesores%20financieros%20independientes
Posted by:	Comisión Nacional del Mercado de Valores, Spain
Company:	BP HOLDINGS
Posted by:	Financial Services and Markets Authority, Belgium
Comments:	warning
	Please click here to go directly to the IOSCO Investor Alerts Portal for more information

	6 October 2012
	Added (20)
Company:	Washington, D.C. Securities Division
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Comments:	The Washington, D.C. Securities Division has no connection with, and should not to be confused with, the genuine Securities Bureau of the Department of Insurance, Securities & Banking (DISB) of the District of Columbia
Company:	Posrednictwo Finansowe "Kredyty-Chwilówki" Sp. z o.o.
Posted by:	Polish Financial Supervision Authority, Poland
Company:	Grand Capital Sp. z o.o.
Posted by:	Polish Financial Supervision Authority, Poland
Company:	Progold Sp. z o.o.
Posted by:	Polish Financial Supervision Authority, Poland
Company:	Europol Insurance Consulting Group
Posted by:	Polish Financial Supervision Authority, Poland
Company:	William Blake
Link:	http://www.fi.se/Folder-EN/Startpage/Consumer/Investor-alerts/Database/
Posted by:	Finansinspektionen, Sweden
Company:	Appleton Associates
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Company:	Worldwide Investors Portfolio
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Comments:	Clone of FSA authorised firm - Schedule 5.
Company:	P.A.N. Securities LP - Mergers and Acquisitions
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Comments:	Firm is cloning details of an US broker dealer.
Company:	NBF Forex
Link:	http://www.finma.ch/e/sanktionen/unbewilligte-institute/pages/details.aspx?orgid=310
Posted by:	Swiss Financial Market Supervisory Authority, Switzerland
Company:	Lawson Knight Group
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Company:	Prime Strategies LLC
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Company:	BP Holdings
Link:	http://www.fi.se/Folder-EN/Startpage/Consumer/Investor-alerts/Database/
Posted by:	Finansinspektionen, Sweden
Company:	Effit Sp. z o.o.
Posted by:	Polish Financial Supervision Authority, Poland
Company:	Hannover & Rothchild Consultancy
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Company:	Oakbridge Capital LLC / SGX Financial
Link:	http://www.afm.nl/nl/consumenten/risico/waarschuwingen/waarschuwingenlijst-boiler-rooms.aspx?pagnr=1&perpage=10
Posted by:	The Netherlands Authority for the Financial Markets, Netherlands, The
Comments:	The warning list "boiler rooms" contains the names of companies that have approached persons without being asked, to offer them investment proposals. The AFM has established that the companies that are included in this warning list do not have an AFM licence or a European Passport.
Company:	SGX Financial / Oakbridge Capital LLC.
Link:	http://www.afm.nl/nl/consumenten/risico/waarschuwingen/waarschuwingenlijst-boiler-rooms.aspx?pagnr=1&perpage=10
Posted by:	The Netherlands Authority for the Financial Markets, Netherlands, The
Comments:	The warning list "boiler rooms" contains the names of companies that have approached persons without being asked, to offer them investment proposals. The AFM has established that the companies that are included in this warning list do not have an AFM licence or a European Passport.
Company:	Integrated Tax
Link:	http://www.afm.nl/nl/consumenten/risico/waarschuwingen/waarschuwingenlijst-boiler-rooms.aspx?pagnr=1&perpage=10
Posted by:	The Netherlands Authority for the Financial Markets, Netherlands, The
Comments:	The warning list "boiler rooms" contains the names of companies that have approached persons without being asked, to offer them investment proposals. The AFM has established that the companies that are included in this warning list do not have an AFM licence or a European Passport.
Company:	Lehman Reilly
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Company:	Lexicon Mergers and Acquisitions
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
	Please click here to go directly to the IOSCO Investor Alerts Portal for more information

	1 October 2012
	Added(16)
Company:	Blake Capital Partners
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Company:	Worldwide Investors Portfolio
Link:	http://www.cssf.lu/fileadmin/files/Protection_consommateurs/Avertissements/A_Worldwide_Investments_Portfolio_eng.pdf
Posted by:	Commission de surveillance du secteur financier, Luxembourg, Grand Duchy of
Company:	Silver Bonds S.A.
Posted by:	Polish Financial Supervision Authority, Poland
Company:	Remedium - Doradcy Finansowi Sp. z o.o.
Posted by:	Polish Financial Supervision Authority, Poland
Company:	Indywidualne Biznesowe Doradztwo Finansowe Sp. z o.o.
Posted by:	Polish Financial Supervision Authority, Poland
Company:	Aros Securities
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Comments:	Firm is cloning the details of a previously FSA EEA Authorised firm.
Company:	Russell Merger Group
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Company:	Global Direct Equities
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Comments:	Firm is cloning details of an US broker dealer.
Company:	CENTRAL & EASTERN MARKETS ASSET MANAGEMENT
Posted by:	Financial Services and Markets Authority, Belgium
Comments:	Warning.
Company:	The Tyler Group
Link:	http://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=3&nombre=The%20Tyler%20Group
Posted by:	Comisión Nacional del Mercado de Valores, Spain
Company:	Paramount Financial Group
Link:	http://www.cnb.cz/cs/spotrebitel/ochrana_spotrebitele/upozorneni/upozorneni_paramount.html
Posted by:	Czech National Bank, Czech Republic
Comments:	The Czech National Bank wishes to point out that Paramount Financial Group, registered address Lindengasse 48, 1070 Vienna, Austria, which is addressing potential investors by phone in English with an offer of investment services, currently has no authorisation to provide investment services on the financial market in the Czech Republic and is not supervised by the CNB. The company is also offering its services via http://paramountfg.com.
Company:	Yang Financial
Link:	http://www.centralbank.ie/regulation/unauthorised-firms/Pages/list-search-unath.aspx
Posted by:	Central Bank and Financial Services Authority, Ireland
Comments:	Yang Financial is not authorised to provide investment services in Ireland. The firm purports to be based in China.
Company:	BlackHorse Forex
Link:	http://www.cnb.cz/cs/dohled_financni_trh/vykon_dohledu/upozorneni_pro_verejnost/
Posted by:	Czech National Bank, Czech Republic
Comments:	The Czech National Bank (CNB) would like to inform investors that company BlackHorse Forex s.r.o. with registered office: Slavíkova 6068/18, Ostrava - Poruba 708 00 is not authorized to carry out investment or other regulated activities in the Czech Republic. Although BlackHorse Forex filed an application for registration as an investment intermediary under the Capital Market Undertakings Act (256/2004 Coll.), this application was withdrawn subsequently. Therefore, contrary to what the company alleges on their websites: "BlackHorse Forex is licensed and regulated according to Market in Financial Instruments Directive rules and FSA. We act according to EU regulations MiFiD. Additionally supervised by Czech's Central Bank registered under no: 28657314" (http://www.blackhorsefx.com/en/35.html), it has not been registered nor licensed by the CNB and thus it is not subject to CNB's supervisory oversight.
Company:	OTX INVESTIMENTOS
Link:	http://www.cvm.gov.br/asp/cvmwww/atos/Atos_Redir.asp?Tipo=D&File=\deli\deli686.doc
Posted by:	Comissão de Valores Mobiliários, Brazil
Comments:	Entity and principals not authorized to perform portifolio management and to publicly offer investment found units.
Company:	International United FX Investments MA Ltd
Posted by:	Financial Services Commission, Mauritius, Republic of
Company:	Ghana FX
Posted by:	Financial Services Commission, Mauritius, Republic of
	Deleted(1)
Company:	Aros Securities
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Comments:	Firm is cloning the details of a previously FSA EEA Authorised firm.
	Please click here to go directly to the IOSCO Investor Alerts Portal for more information

	22 September 2012
	Added(15)
Company:	Professional Financial Advisors
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Comments:	Firm is cloning details of a previously FSA registered firm.
Company:	Bramwell & Kent Consultants LLC
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Company:	Secure Insurance
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Comments:	Clone of FSA authorised firm.
Company:	Great Southern Investment
Link:	http://www.fi.se/ Folder-EN/Startpage/Consumer/Investor-alerts/Database/
Posted by:	Finansinspektionen, Sweden
Company:	Eurocapital Trading
Link:	http://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=3&nombre=eurocapital%20trading
Posted by:	Comisión Nacional del Mercado de Valores, Spain
Company:	Dant and Company LLC
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Company:	Leighton International / Leighton High Income Fund / Hang Seng Bank
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Comments:	Firm is cloning details of bank.
Company:	Ocean International Ltd
Link:	http://www.invested.hk/InvestEdAlertList/en/InvestEdDisplayCompDetailsServlet?doc_unid=4AAF81B81596FA1148257A7E0024AB8B
Posted by:	Securities and Futures Commission, Hong Kong
Company:	Manhattan Capital Corp
Link:	http://www.invested.hk/InvestEdAlertList/en/InvestEdDisplayCompDetailsServlet?doc_unid=85EF83F38A9C6F5448257A7E0023AF0C
Posted by:	Securities and Futures Commission, Hong Kong
Company:	Wealth Capital Corp
Link:	http://www.invested.hk/InvestEdAlertList/en/InvestEdDisplayCompDetailsServlet?doc_unid=FDBAA8762822E0A448257A7E0022CFE5
Posted by:	Securities and Futures Commission, Hong Kong
Company:	AF Investment Partners Limited
Link:	http://www.fsc.gi/enforcement/fscwarning0046.htm
Posted by:	Financial Services Commission, Gibraltar
	The Financial Services Commission has today issued a warning to the public regarding AF Investment Partners Limited. The FSC has reviewed statements on AF Investment Partners Limited's website, which allude to various investments and funds related services offered by this company, which has not been incorporated in Gibraltar. The FSC is concerned at the company's website providing a Gibraltar office address as the only address on its 'Contact Us' page, yet not providing Gibraltar telephone contact numbers, with only a Spanish mobile number listed. The address from which it purports to operate is part of several suites at an office building in Gibraltar, at which several FSC regulated entities are based. Correspondence delivered to this address has not been replied to, neither have emails sent to AF Investment Partners Limited's stated email address or a further email used to register its website domain been answered. AF Investment Partners Limited is not associated with any of the FSC regulated entities operating at these premises. As a foreign company doing business in Gibraltar or from Gibraltar, AF Investment Partners Limited is required to register under Part X of the Companies Act, in a manner prescribed in the following circular issued by Companies House http://www.companieshouse.gi/publications/C0009.pdf, yet its name does not appear on the Register of Companies maintained by Companies House. The FSC therefore urges the public to exercise appropriate caution in respect of this company, whilst it continues its investigations. People are able to verify whether a firm is licensed by the FSC in Gibraltar, by checking the "Regulated Entities" section on our website at http://www.fsc.gi/fsclists/categorysearch.asp. Any persons who are already involved in any dealings with the above entity and have concerns, should contact the Manager, Enforcement on +350 200 40283 or by e-mail to enforcement@fsc.gi
Company:	EuroConsult International Mergers & Acquisitions Ltd
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Comments:	Clone of FSA authorised firm.
Company:	Trowbridge Capital
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Company:	Emporium Financial, also using the name Emporium Capital, Emporium Financieringen, Magnum Financial and Mango Krediet
Link:	http://www.afm.nl/nl/consumenten/risico/waarschuwingen/waarschuwingenlijst-afm.aspx
Posted by:	The Netherlands Authority for the Financial Markets, Netherlands, The
Comments:	The warning list "boiler rooms" contains the names of companies that have approached persons without being asked, to offer them investment proposals. The AFM has established that the companies that are included in this warning list do not have an AFM ... more ... more licence or a European Passport.
Company:	Greenbull Investment Partners
Link:	http://www.finma.ch/e/sanktionen/unbewilligte-institute/pages/details.aspx?orgid=309
Posted by:	Swiss Financial Market Supervisory Authority, Switzerland
	Please click here to go directly to the IOSCO Investor Alerts Portal for more information

10 September 2012
Added (19)
Company:	JMS Spólka z o.o.
Posted by:	Polish Financial Supervision Authority, Poland
Company:	JM Financial Services Ltd.
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Comments:	Firm is using the name of a FSA Registered firm.
Company:	Wheeler Asset Management
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Company:	Sprint Hospital
Link:	http://www.fsc.gov.im/ViewNews.gov?page=lib/news/fsc/bogusoffersofemp3.xml
Posted by:	Financial Supervision Commission, Isle of Man
Comments:	Hospital offering bogus job opportunities purporting to be based in Isle of Man
Company:	Abacus Financial Services Limited
Link:	http://www.fsc.gov.im/ViewNews.gov?page=lib/news/fsc/abacusfinancials1.xml
Posted by:	Financial Supervision Commission, Isle of Man
Comments:	New website purporting to be genuine Isle of Man entity
Company:	Wells Fargo Securities International Limited/Suncor
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Comments:	Clone of FSA authorised firm
Company:	Gerrard Investment Management
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Comments:	Firm is cloning the details of a FSA Authorised Firm.
Company:	Bridgeway Corporate Management
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Company:	IMG Asset Management GmbH
Link:	http://www.finma.ch/e/sanktionen/unbewilligte-institute/pages/details.aspx?orgid=307
Posted by:	Swiss Financial Market Supervisory Authority, Switzerland
Company:	Kaiser Young Associates
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts
Posted by:	Financial Services Authority, United Kingdom
Company:	Group Financial Global Ltd.
Link:	http://www.fi.se/Folder-EN/Startpage/Consumer/Investor-alerts/Database/
Posted by:	Finansinspektionen, Sweden
Company:	Fortress Investment Group
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Comments:	Clone of FSA authorised firm
Company:	Churchills Mergers and Acquisitions
Link:	http://www.invested.hk/InvestEdAlertList/en/InvestEdDisplayCompDetailsServlet?doc_unid=3E5527781557631548257A70002A695F
Posted by:	Securities and Futures Commission, Hong Kong
Company:	ACT Transfer Services
Link:	http://www.invested.hk/InvestEdAlertList/en/InvestEdDisplayCompDetailsServlet?doc_unid=C1009915132832E748257A70002C0024
Posted by:	Securities and Futures Commission, Hong Kong
Company:	South Atlantic Securities
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Company:	Stanley Clifford / Korea Mercantile Exchange, KRMEX
Link:	http://www.fi.se/Folder-EN/Startpage/Consumer/Investor-alerts/Database/
Posted by:	Finansinspektionen, Sweden
Company:	Welborn Capital LLC
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Comments:	Firm is using the name of a legitimate US broker-dealer.
Company:	THE TYLOR GROUP
Posted by:	Financial Services and Markets Authority, Belgium
Comments:	warning
Company:	Drake Merger Management
Link:	http://www.fi.se/Folder-EN/Startpage/Consumer/Investor-alerts/Database/
Posted by:	Finansinspektionen, Sweden
Deleted (1)
Company:	Welborn Capital LLC
Link:	http://www.fsa.gov.uk/pages/Doing/Regulated/Law/Alerts/overseas.shtml
Posted by:	Financial Services Authority, United Kingdom
Comments:	Firm is using the name of legitimate US broker-dealer.

03 September 2012
Investor Alerts - Added (7)
Company:	A Warner Associates / Andrew Warner Associates / AW Associates
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Comments:	Firm is cloning details of FSA Registered Firm.
Company:	A Walker Associates / Andrew Walker Associates / AW Associates
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Comments:	Firm is cloning the details of a FSA Registered Firm.
Company:	Lefroy Hudson
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Company:	Omega Trading Group
Link:	http://www.invested.hk/InvestEdAlertList/en/InvestEdDisplayCompDetailsServlet?doc_unid=79D5DC60357A8476482579AC0011FAEB
Posted by:	Securities and Futures Commission, Hong Kong
Company:	Aros Securities
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Comments:	Firm is cloning the details of a previously FSA EEA Authorised firm.
Company:	Manor Private Capital, LLC
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Comments:	Firm is using the name of legitimate US broker-dealer.
Company:	Claymore Capital
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Investor Alerts - Deleted (2)
Company:	LEFROY HUDSON
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts
Posted by:	Financial Services Authority, United Kingdom
Company:	AW Associates / Andrew Warner Associates / A.Warner Associates
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Comments:	Firm is cloning details of an FSA registered firm.
Please click here to go directly to the IOSCO Investor Alerts Portal for more information

25 August 2012
Added (30)
Company:	Alkor Trade Sp. z o.o.
Posted by:	Polish Financial Supervision Authority, Poland
Company:	Mizar Profit Polska
Posted by:	Polish Financial Supervision Authority, Poland
Company:	Corolla Financial
Link:	http://www.finanstilsynet.dk/Nyhedscenter/Pressemeddelelser/2012/Advarsel-mod-Corolla-Financial.aspx?sc_lang=en
Posted by:	Finanstilsynet (Denmark Financial Supervisory Authority), Denmark
Comments:	The Danish Financial Supervisory Authority has been informed that Corolla Financial unsolicited has offered to carry out financial services. The company is allegedly located in Tokyo, Japan and in Barcelona, Spain. The company's homepage is http://www.corollafinancial.com/.

	Corolla Financial does not have authorization from the Danish Financial Supervisory Authority in accordance with the Financial Business Act to carry out such services in Denmark.
Company:	Global Broker
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Comments:	Cloning of EEA authorised firm
Company:	BRM International
Link:	http://www.finma.ch/e/sanktionen/unbewilligte-institute/pages/details.aspx?orgid=306
Posted by:	Swiss Financial Market Supervisory Authority, Switzerland
Company:	ALIANÇA INCÓRPORI INCORPORAÇÃO & PLANEJAMENTO LTDA.
Link:	http://www.cvm.gov.br/asp/cvmwww/atos/Atos_Redir.asp?Tipo=D&File=\deli\deli682.doc
Posted by:	Comissão de Valores Mobiliários, Brazil
Comments:	Unregistered issuer/securities. Not authorized by the CVM of Brazil to publicly offer securities or collective investment contracts.
Company:	SL. S.S. SCHULTZ & STEIN
Link:	http://www.fma.gv.at/de/verbraucher/investorenwarnungen/nationale-warnmeldungen/detail-natwm/article/sl-ss-schultz-stein.html
Posted by:	Financial Market Authority, Austria
Company:	Nagoya Corp.
Link:	http://www.fma.gv.at/de/verbraucher/investorenwarnungen/nationale-warnmeldungen/detail-natwm/article/nagoya-corp.html
Posted by:	Financial Market Authority, Austria
Company:	Mitsubishi Finance
Link:	http://www.fma.gv.at/de/verbraucher/investorenwarnungen/nationale-warnmeldungen/detail-natwm/article/mitsubishi-finance.html
Posted by:	Financial Market Authority, Austria
Company:	Whitegate Partners
Link:	http://www.fma.gv.at/de/verbraucher/investorenwarnungen/nationale-warnmeldungen/detail-natwm/article/whitegate-partners.html
Posted by:	Financial Market Authority, Austria
Company:	Dawson & Crane Inc.
Link:	http://www.fma.gv.at/de/verbraucher/investorenwarnungen/nationale-warnmeldungen/detail-natwm/article/dawson-crane-inc.html
Posted by:	Financial Market Authority, Austria
Company:	Equicap New York
Link:	http://www.fma.gv.at/de/verbraucher/investorenwarnungen/nationale-warnmeldungen/detail-natwm/article/equicap-new-york.html
Posted by:	Financial Market Authority, Austria
Company:	MediaCred AG
Link:	http://www.fma.gv.at/de/verbraucher/investorenwarnungen/nationale-warnmeldungen/detail-natwm/article/mediacred-ag.html
Posted by:	Financial Market Authority, Austria
Company:	Profton S.A. ("4xfinity")
Link:	http://www.fma.gv.at/de/verbraucher/investorenwarnungen/nationale-warnmeldungen/detail-natwm/article/profton-sa-4xfinity.html
Posted by:	Financial Market Authority, Austria
Company:	FINANZ PROFI CH LTD
Link:	http://www.fma.gv.at/de/verbraucher/investorenwarnungen/nationale-warnmeldungen/detail-natwm/article/finanz-profi-ch-ltd.html
Posted by:	Financial Market Authority, Austria
Company:	FCV Broker
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Comments:	Firm is cloning the details of a FSA EEA Authorised firm.
Company:	China International Capital Group
Link:	http://www.bcsc.bc.ca/cautionperson.aspx?id=15510
Posted by:	British Columbia Securities Commission, British Columbia
Company:	CT Lambson and Associates
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Company:	Excel Brokers Ltd
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Comments:	Clone of FSA EEA authorised firm
Company:	Guaranteed Stone Banking Services
Link:	http://www.fsc.gov.im/ViewNews.gov?page=lib/news/fsc/guaranteedstoneb.xml
Posted by:	Financial Supervision Commission, Isle of Man
Comments:	Bogus company falsely claiming to be domiciled in the Isle of Man
Company:	Associated Nominees Limited
Link:	http://www.fsc.gov.im/ViewNews.gov?page=lib/news/fsc/associatednomine1.xml
Posted by:	Financial Supervision Commission, Isle of Man
Comments:	Bogus company falsely claiming identity of genuine entity in the Isle of Man
Company:	BASIS Fund Limited
Link:	http://www.bvifsc.vg/News/tabid/160/articleType/ArticleView/articleId/1265/language/en-US/Basis-Fund-Limited--Public-Statement-No-15-of-2012-2-August-2012.aspx
Posted by:	British Virgin Islands Financial Services Commission, British Virgin Islands
Comments:	Revocation of licence
Company:	Palos Ventures Fund Ltd.
Link:	http://www.bvifsc.vg/News/tabid/160/articleType/ArticleView/articleId/1264/language/en-US/Palos-Ventures-Fund-Ltd--Public-Statement-No-14-of-2012-2-August-2012.aspx
Posted by:	British Virgin Islands Financial Services Commission, British Virgin Islands
Comments:	Revocation of licence
Company:	Leumi-Co
Link:	http://www.finma.ch/e/sanktionen/unbewilligte-institute/pages/details.aspx?orgid=305
Posted by:	Swiss Financial Market Supervisory Authority, Switzerland
Company:	Advice Consultants
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Comments:	Clone of FSA EEA authorised firm
Company:	Alpen Ressourcen Sparkassa Ekonomisk förening
Link:	http://www.finma.ch/e/sanktionen/unbewilligte-institute/pages/details.aspx?orgid=304
Posted by:	Swiss Financial Market Supervisory Authority, Switzerland
Company:	Alps Resources SA
Link:	http://www.finma.ch/e/sanktionen/unbewilligte-institute/pages/details.aspx?orgid=303
Posted by:	Swiss Financial Market Supervisory Authority, Switzerland
Company:	Alpen Ressourcen SA
Link:	http://www.finma.ch/e/sanktionen/unbewilligte-institute/pages/details.aspx?orgid=302
Posted by:	Swiss Financial Market Supervisory Authority, Switzerland
Company:	Chronos Finanz AG
Link:	http://www.finma.ch/e/sanktionen/unbewilligte-institute/pages/details.aspx?orgid=301
Posted by:	Swiss Financial Market Supervisory Authority, Switzerland
Company:	Lavenkov Capital Partners
Link:	http://www.fi.se/Folder-EN/Startpage/Consumer/Investor-alerts/Database/
Posted by:	Finansinspektionen, Swede
Deleted (1)
Company:	FCV Broker
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Comments:	Firm is cloning the details of a FSA EEA Authorised firm.
Please click here to go directly to the IOSCO Investor Alerts Portal for more information

11 August 2012
Added (11)
Company:	Hamilton and Pricehouse Consultancy
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Company:	Wellington Management GmbH
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Comments:	Firm is cloning the details of a FSA Authorised firm.
Company:	Newton Smith Associates
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Company:	Masterseek Corp.
Link:	http://www.fi.se/Folder-EN/Startpage/Consumer/Investor-alerts/Database/
Posted by:	Finansinspektionen, Sweden
Company:	Luyesteiner Swiss Private Bank
Link:	http://www.finma.ch/e/sanktionen/unbewilligte-institute/pages/details.aspx?orgid=297
Posted by:	Swiss Financial Market Supervisory Authority, Switzerland
Company:	Global Wealth Management
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Comments:	Clone of FSA Appointed Representative
Company:	Hongkong Chuangtou Financial Investment Inc
Link:	http://www.invested.hk/InvestEdAlertList/en/InvestEdDisplayCompDetailsServlet?doc_unid=

	F56D65EA0EA04A2D48257A530037B8B9
Posted by:	Securities and Futures Commission, Hong Kong
Company:	Ferrer Invest
Link:	http://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=3&nombre=Ferrer%20Invest
Posted by:	Comisión Nacional del Mercado de Valores, Spain
Company:	Quest Financial Management
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Comments:	Clone of FSA authorised firms
Company:	MarketTradeFX
Link:	http://www.cvm.gov.br/
Posted by:	Comissão de Valores Mobiliários, Brazil
Comments:	Link: "Atos Declaratorios". Entity not authorized to offer investment opportunities in the Forex market to Brazilian residents by any means (online or other).
Company:	United World Capital - UWC
Link:	http://www.cvm.gov.br/
Posted by:	Comissão de Valores Mobiliários, Brazil
Comments:	Link: "Atos Declaratorios". Entity not authorized to offer investment opportunities in the Forex market to Brazilian residents by any means (online or other
Investor Alerts - Deleted (1)
Company:	Quest Financial
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Please click here to go directly to the IOSCO Investor Alerts Portal for more information

4 August 2012
Added (17)
Company:	MHH Associates
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Company:	Softchange Inc.
Link:	http://www.invested.hk/InvestEdAlertList/en/InvestEdDisplayCompDetailsServlet?doc_unid=2

	DA0E95EFF92C3B248257A4E0028E402
Posted by:	Securities and Futures Commission, Hong Kong
Company:	Pays Gold Inc.
Link:	http://www.invested.hk/InvestEdAlertList/en/InvestEdDisplayCompDetailsServlet?doc_unid=

	29D8213B82EFC4BD48257A4E00294182
Posted by:	Securities and Futures Commission, Hong Kong
Company:	Fast Gold Inc.
Link:	http://www.invested.hk/InvestEdAlertList/en/InvestEdDisplayCompDetailsServlet?doc_unid=

	2216F9D6C3C7412648257A4E0029E6ED
Posted by:	Securities and Futures Commission, Hong Kong
Company:	Electronic Money Inc.
Link:	http://www.invested.hk/InvestEdAlertList/en/InvestEdDisplayCompDetailsServlet?doc_unid=

	19BC67A1A5426B9648257A4E00299F47
Posted by:	Securities and Futures Commission, Hong Kong
Company:	Fast Gold Exchange
Link:	http://www.invested.hk/InvestEdAlertList/en/InvestEdDisplayCompDetailsServlet?doc_unid=

	D1772383B9A0782348257A4E002A0F6E
Posted by:	Securities and Futures Commission, Hong Kong
Company:	Moe Securities
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Company:	Barclay Trust International
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Company:	PLATZ EMPREENDIMENTOS E ADMINISTRADORA LTDA.
Link:	http://www.cvm.gov.br/asp/cvmwww/atos/Atos_Redir.asp?Tipo=D&File=\deli\deli681.doc
Posted by:	Comissão de Valores Mobiliários, Brazil
Comments:	Unregistered issuer/securities. Not authorized by the CVM of Brazil to publicly offer securities or collective investment contracts.
Company:	GNS Wealth Management
Link:	http://www.finma.ch/e/sanktionen/unbewilligte-institute/pages/details.aspx?orgid=296
Posted by:	Swiss Financial Market Supervisory Authority, Switzerland
Company:	Greenbird Financial
Link:	http://www.fi.se/Folder-EN/Startpage/Consumer/Investor-alerts/Database/
Posted by:	Finansinspektionen, Sweden
Company:	Federal Asset Management
Link:	http://www.fi.se/Folder-EN/Startpage/Consumer/Investor-alerts/Database/
Posted by:	Finansinspektionen, Sweden
Company:	Bridgestone Global Partners / London Gold and Commodities Exchange, LGCEX
Link:	http://www.fi.se/Folder-EN/Startpage/Consumer/Investor-alerts/Database/
Posted by:	Finansinspektionen, Sweden
Company:	Epsilon Capital Management
Link:	http://www.centralbank.ie/regulation/unauthorised-firms/pages/list-search-unath.aspx
Posted by:	Central Bank and Financial Services Authority, Ireland
Comments:	Epsilon Capital Management is not authorised as an investment firm in Ireland and is not authorised to provide investment services in Ireland. The firm purports to be based in Switzerland.
Company:	Trade4youFX
Link:	http://www.cvm.gov.br/
Posted by:	Comissão de Valores Mobiliários, Brazil
Comments:	Link: "Atos Declaratorios". Entity not authorized to offer investment opportunities in the Forex market to Brazilian residents by any means (online or other).
Company:	INVEST-CAPE TOWN LTD
Posted by:	Financial Services Commission, Mauritius, Republic of
Company:	Tralian Trade Ltd. and Metal Roi
Posted by:	Financial Services Commission, Mauritius, Republic of
Please click here to go directly to the IOSCO Investor Alerts Portal for more information.

28 July 2012
Added (16)
Company:	AMF France
Posted by:	Autorité des marchés financiers, France
Comments:	Warning issued on July 6, 2012 concerning a number of websites proposing FOREX investments
Company:	AMF France
Posted by:	Autorité des marchés financiers, France
Comments:	Warning issued on July 23, 2012 concerning a number of websites proposing high yield investments.
Company:	AMF France
Posted by:	Autorité des marchés financiers, France
Comments:	Warning issued by the AMF on july 17,2012 concerning Fairvesta.
Company:	GRUPO DE INVESTIMENTO BITCOIN
Link:	http://www.cvm.gov.br/asp/cvmwww/atos/Atos_Redir.asp?Tipo=D&File=\deli\deli680.doc
Posted by:	Comissão de Valores Mobiliários, Brazil
Comments:	Link: Within "Atos Declaratórios - Suspensão de Atividade Irregular".

	Entity and principals not authorized to perform portifolio management and to publicly offer investment found units.
Company:	Info Direct Marketing
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Company:	Eaton Capital Americas
Link:	http://www.fi.se/Folder-EN/Startpage/Consumer/Investor-alerts/Database/
Posted by:	Finansinspektionen, Sweden
Company:	The Kronos Group
Link:	http://www.fi.se/Folder-EN/Startpage/Consumer/Investor-alerts/Database/
Posted by:	Finansinspektionen, Sweden
Company:	Transunion Financial
Link:	http://www.fi.se/Folder-EN/Startpage/Consumer/Investor-alerts/Database/
Posted by:	Finansinspektionen, Sweden
Company:	Thomas Capital
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Company:	Morgan Philips Consulting
Link:	http://www.fsa.gov.uk/doing/regulated/law/alerts/unauthorised-firms
Posted by:	Financial Services Authority, United Kingdom
Company:	Best Commodity Options
Link:	http://www.lautorite.qc.ca/en/press-releases-2012-corpo.html_2012_caution-caution-with-regard-to-solicitations-in-the-derivatives-market24-07-2012-10-1.html
Posted by:	Autorité des marchés financiers, Quebec
Company:	EFOC European Futures Options Commission
Link:	http://www.finma.ch/e/sanktionen/unbewilligte-institute/pages/details.aspx?orgid=295
Posted by:	Swiss Financial Market Supervisory Authority, Switzerland
Company:	Dawson & Crane Incorporated
Link:	http://www.invested.hk/InvestEdAlertList/en/InvestEdDisplayCompDetailsServlet?doc_unid

	=96832A1B55F1092E48257A44002CB575
Posted by:	Securities and Futures Commission, Hong Kong
Company:	The Kronos Group
Link:	http://www.invested.hk/InvestEdAlertList/en/InvestEdDisplayCompDetailsServlet?doc_unid

	=0203539CE9CA2AE348257A4400279A14
Posted by:	Securities and Futures Commission, Hong Kong
Company:	International Investment Monetary Fund
Link:	http://www.bvifsc.vg/News/tabid/160/articleType/ArticleView/articleId/1262/language/en-US/International-Investment-Monetary-Fund--Advisory-Warning-No-16-of-2012-13-July-2012.aspx
Posted by:	British Virgin Islands Financial Services Commission, British Virgin Islands
Comments:	Advisory Warning
Company:	Invest Concept Ltd.
Link:	http://www.bvifsc.vg/News/tabid/160/articleType/ArticleView/articleId/1261/language/en-US/Invest-Concept-Ltd--Advisory-Warning-No-15-of-2012-13-July-2012.aspx
Posted by:	British Virgin Islands Financial Services Commission, British Virgin Islands
Comments:	Advisory Warning
Please click here to go directly to the IOSCO Investor Alerts Portal for more information.

Guilty plea in Dominion Finance case

2013-05-10T12:00:23+13:00

Guilty plea in Dominion Finance case

News release
10 May 2013

A former director of Dominion Finance Group and North South Finance, Ann Butler, has today pleaded guilty to misleading investors in a prosecution taken by the Financial Markets Authority.

Mrs Butler pleaded guilty to seven Securities Act charges including making untrue statements in a Dominion Finance Group prospectus and investment statement and making untrue statements in a North South Finance prospectus and investment statement. She will be sentenced on 14 June.

"Ann Butler is the 27th finance company director to be convicted in proceedings taken by FMA and the first of the Dominion Finance directors to enter a guilty plea," said FMA Head of Enforcement, Belinda Moffat.

"She has accepted that she failed to perform her role as a director and did not take the steps required to ensure she was aware of the true position of the companies."

Dominion Finance and North South Finance were subsidiaries of the NZX-listed Dominion Finance Holdings Limited. Dominion Finance went into receivership in 2008 owing $176.9 million to 5,900 investors. North South Finance was placed in receivership in 2010, owing $31 million to 3900 investors.

The trial of directors Vance Arkinstall, Richard Bettle, Robert Whale and Paul Forsyth begins on 17 June.

Ends

Contact:
Tony Reid on 021 739 052 or tony.reid@fma.govt.nz

Securities Act (Overseas Issuers - Audit Requirement)

2013-05-09T16:54:11+13:00

Securities Act (Overseas Issuers - Audit Requirement) Exemption Notice 2013

Securities Act (Externally Managed Group Investment Funds)

2013-05-09T16:52:59+13:00

Securities Act (External Managed Group Investment Funds) Exemption Notice 2013

Securities Act (Externally Managed Group Investment Funds) Exemption Notice 2013

Complying Superannuation Fund Register

2013-05-09T11:33:28+13:00

List of AML Reporting Entities

2013-05-08T11:13:01+13:00

FMA Reporting Entities

Supervised by the Financial Markets Authority as required by the Anti-Money Laundering Act 2009

The information in this list is drawn from the Financial Service Providers Register. Visit www.fspr.govt.nz to see additional information including the AFA's business address and list of services. Entities shown on this list will have to be AML compliant after 30 June 2013.

Businesses that appear on this list have been identified as reporting entities, supervised by the Financial Markets Authority, under section 5 of the Anti-Money Laundering and Countering Financing of Terrorism Act 2009.
Businesses supervised by the Financial Markets Authority include issuers of securities, trustee companies, futures dealers, collective investment schemes, brokers and financial advisers.
The list represents our current assessment and will be subject to changes made from time to time.
This list is not complete, exhaustive nor conclusive. Businesses that do not appear on this list but do meet the definition of reporting entity under the Anti-Money Laundering and Countering Financing of Terrorism Act 2009 (the Act) will be subject to the obligations created by that Act. If you own, or know of a business that falls within the definition of reporting entity under the Act, and is one of the types of businesses described above, that is not on the list please contact the Financial Markets Authority by emailing details to aml@fma.govt.nz
If your business is on this list and you do not agree that it falls within the definition of reporting entity under the Act please contact the Financial Markets Authority by emailing details to aml@fma.govt.nz
Banks, life insurers and non-bank deposit takers are supervised by the Reserve Bank of New Zealand and can access information at www.rbnz.govt.nz. Casinos, money service businesses (including currency exchange and money remittance/transfer), payroll remittance, lending and other services (including non-bank non-deposit-taking lenders, debt collection and factoring), financial leasing, cash transporters, safe deposit/cash storage, and issuing and managing means of payment (including non-bank credit card providers) and any other reporting entities not supervised by the Reserve Bank of New Zealand or the Financial Markets Authority and can access information at www.dia.govt.nz
This list is not an official or statutory register of reporting entities. It is for information only.
The listing of a business does not imply that the Financial Markets Authority has approved of the activities of the business and does not certify compliance of the business with applicable legislation.

This list does not constitute the Financial Service Providers Register under the Financial Service Providers (Registration and Dispute Resolution) Act 2008 No 97 (as at 01 April 2011), Public Act

618 Reporting Entities registered as at 2013
City	Company	FSPR
Wellington	Paul Kent Financial Services	FSP100264
Dunedin	The Southern Lighthouse Limited	FSP100304
New Plymouth	Lighthouse Taranaki Limited T/A Tower Financial Advisory Services Taranaki	FSP100306
Auckland	Financial Fitness	FSP10081
Auckland	Echelon Advisers	FSP100904
Queenstown Lakes	Mortgage South	FSP101064
Auckland	RED	FSP101787
Auckland	Andrew Charles Insurance and Financial Services	FSP101789
Cambridge	Vault Financial Group	FSP101870
Manukau	Inrich Financial Services Limited	FSP101874
Tauranga	Vault Tauranga Ltd	FSP102205
North Shore City	Britannia Financial Services Ltd	FSP10221
Wellington	Adrian Schwarz Financial Services Ltd	FSP102236
Christchurch	Christchurch Insurance, Investments and Superannuation Limited	FSP102584
Auckland	Seneca Financial Services Limited	FSP102606
North Shore City	Health Wealth Preservation Limited	FSP10261
Invercargill	Jon Turnball & Associates T/A Share NZ	FSP102744
Christchurch	Quadrant Financial Services Ltd	FSP102947
Auckland	Reliance Biz Services Ltd	FSP103204
Nelson	Rainey Day Woman	FSP103294
Christchurch	JS Strang Limited	FSP103296
Auckland	Malcolm Carr Financial Services Limited	FSP103406
Christchurch	Roberston Woodham & Associates T/A J P & V Limited	FSP103484
Christchurch	Janton Investments Limited	FSP103509
Christchurch	JS Strang Limited	FSP103609
Auckland	Roost	FSP103616
Auckland	Roost North Harbour	FSP103616
Christchurch	Premier Financial Group Limited	FSP103644
Auckland	True North Invesments Limited	FSP104009
Winton	Incompass Limited	FSP104176
Whangarei	Neeley Financial Services	FSP104205
Auckland	Macy & Associates Ltd	FSP104327
Dunedin Central	Russell Garland	FSP104607
Christchurch	Synergy Group 2000 Limited	FSP104610
Auckland	Insurance Planners Limited	FSP104625
Auckland	Money Matters (NZ) Limited	FSP104724
Auckland	FPNZ (2010) Limited	FSP104945
Wellington	Wealth Solutions Limited	FSP105074
Dunedin	Lindsay Smith Insurance Services Ltd T/A Share	FSP105127
Porirua	Lower Hutt Financial Services Limited	FSP105186
Whangarei	Bradley Nuttall North	FSP105446
Wellington	GoodLife Insurance Brokers Limited	FSP105626
Hawkes Bay	Dynamic Duo Ltd	FSP105668
Nelson	Rainy Day Woman	FSP105904
Palmerston North	Leemar Financial Services Ltd	FSP106126
North Shore City	Buckley Holdings Limited	FSP106326
Christchurch	Lyn Bell & Associates	FSP106404
New Plymouth	Neil Ternouth Financial Services Ltd	FSP106624
Gisborne	Gisborne Financial Services	FSP106840
Wellington	Commix Group Limited	FSP107287
Oamaru	North Otago Brokers Limited	FSP107336
Auckland	Jim Dowsett & Associates Limited	FSP107338
Auckland	Maurice Trapp group	FSP107344
Mount Maunganui	Morgan Steel Financial Services Ltd	FSP107364
Auckland	Kirschberg Financial Services Limited	FSP107592
Wanganui	Fairway Nz Limited	FSP107593
Ashburton	Bob Edwards Insurance & Investment Ltd	FSP107672
Wanganui	Garry Williams	FSP108484
Christchurch	Bradley Nuttall Risk	FSP108628
Auckland	Marie Quinn Financial Services Ltd	FSP108729
North Shore	WillRich Limited	FSP108849
Tauranga	Graeme Shanks Limited	FSP108950
Wellington	Patrick Jackson	FSP109165
Havelock North	The Financial Migration Group	FSP109604
Auckland	MS Capital Management Limited	FSP10961
Paraparaumu	Finanz Limited	FSP109832
Masterton	Steve Sale Insurance Ltd	FSP109834
Kerikeri	Mukiwa Limited	FSP109952
Paraparaumu	Chilton Financial Services Ltd	FSP110232
Invercargill	Larnick Company Limited	FSP110254
Napier	Financial Advice Hawkes Bay	FSP110362
Otorohanga,	Osbornes Financial Services Ltd	FSP11061
Auckland	Emporio Capital	FSP110663
Auckland	Goodsense Investments Ltd T/A Emporio Capital	FSP110663
Palmerston North	Jarrett & Associates Ltd	FSP11081
Christchurch	Jenny De Boer Financial Services Ltd	FSP110865
North Shore City	AI Financial Services Limited	FSP111124
Christchurch	G5 Financial Services	FSP111186
Wellington	Wealth Management Limited	FSP111964
Palmerston North	Albeit Enterprises Ltd T/A Progressive Brokers	FSP112351
Auckland	Cliffe Consulting Limited	FSP112385
Wellington	Pure Capital Limited	FSP11261
Hastings	Bay Wealth Solutions Ltd	FSP112990
Palmerston North	Mccartney Woolford Limited	FSP113944
Waitara	Business 229 Financial Services	FSP11481
Tauranga	Transact Wealth Management Ltd	FSP115284
Nelson	Rise Financial Ltd	FSP115564
Christchurch	Sentry Financial Services Limited	FSP11601
Auckland	Lexon Financial Planning	FSP116444
Tauranga	The Investment Centre Limited	FSP116506
Queens Town	All Matters Money Limited	FSP11681
Wellington	First Financial Planning Limited	FSP117146
Manukau	Neville Glaser	FSP117664
North Shore City	Future Wealth	FSP117686
Dunedin	Lindsay J Browning	FSP117687
Palmerston North	Ikon Finance Ltd	FSP117944
Maunganui	Planwise	FSP117965
Waitakere	Breakthrough Financial Solutions Limited	FSP118368
Nelson	Lubransky Financial Planning	FSP119049
Auckland	Mortgage Masters Limited	FSP11921
Whangerai	Zest	FSP119349
Auckland	Goldman Henry Capital Management Limited	FSP11961
Whangarei	Whiteman Group Consultants Limited	FSP120844
Queenstown	Baker Hawes Consultants Ltd	FSP120985
Blenheim	Financial Advisory Services (Wgtn) Ltf	FSP121204
Upper Hutt	Thorner Investment Services	FSP121545
Auckland	Piefunds Investment Management	FSP12181
Whangarei	Capricorn Financial Services Ltd	FSP122365
Havelock North	Peak Portfolio Management Limited	FSP12241
Christchurch	Chris Pope And Associates Ltd	FSP122564
Dunedin	PT Rodger	FSP122724
Auckland	Steadfast Financial Services Ltd	FSP122824
Napier	Somerset Smith Partners, Napier Office	FSP12342
Wanganui	Martin Hogan Financial Services Limited	FSP126204
New Plymouth	The Money People Limited	FSP12761
Christchurch	Southern Financial Planning Limited	FSP12821
Hikurangi	Wyatt Investment Services Limited	FSP129784
Auckland	Insure New Zealand Limited	FSP13222
Whangarei	Northland Money Management	FSP13341
Helensville	Advice Financial	FSP13461
Invercargill	Lifetime Financial Security (NZ) Ltd	FSP13581
Auckland City	New Zealand Financial Planning Company Limited	FSP13881
Waiheke Island	NZ Trans Global Investments Ltd	FSP142064
Auckland	Balmer, Jeffs & Company	FSP14261
Greenhithe	Financial Success Group (2008) Limited	FSP144024
Whangarei	Waldron Financial Services Limited	FSP145204
Auckland	Pernik Capital Limited (previously Shuttleworth Holdings Ltd)	FSP145564
Auckland	Lepton Property Limited	FSP146404
Auckland	Strategic Capital Management Limited	FSP146605
Timaru	VIP Financial Services Limited	FSP14661
Tauranga	Elbon Investments Ltd	FSP147525
Christchurch	Duncan Cotterill Investment Advisors Limited	FSP147544
Red Beach	Gracey Investments Limited	FSP149784
Auckland	FPNZ Invest	FSP150024
Auckland	Discovery Financial Services	FSP150464
Invercargill	Wise Planning Limited	FSP15082
Auckland	Fox & Company Limited	FSP15083
Auckland	Wheeler Financial Services Ltd	FSP152264
Turangi	Moneyworks	FSP15281
Auckland	Brasscorp Limited	FSP15421
Whakatane	Private Asset Management	FSP15481
Auckland	Employee Benefits Consulting Ltd	FSP15581
Auckland	AI Financial Services	FSP156684
Auckland	Devon Funds Management Limited	FSP1581
Auckland	OM Financial Limited - Auckland	FSP15922
Christchurch	Oxford Investment Services Limited	FSP159586
Tauranga	G3 Financial Freedom Limited	FSP16205
Auckland	SurePlan Financial Limited	FSP162244
Hamilton	Hamilton Investment & Risk Management	FSP16581
Auckland	Aim Financial Services	FSP166964
Auckland	Goodlife Financial Advice	FSP167064
Whakatane,	Graeme Tee Financial Services Limited	FSP16721
Auckland	Savings and Investments	FSP1681
Christchurch	Lifetime Financial Security (NZ) Ltd	FSP16881
Hamilton	Hart Capital Partners	FSP16981
Auckland	Lifesure Limited	FSP173204
Auckland	KVB Kunlan New Zealand Limited	FSP1762
Auckland	KVB FX New Zealand Limited	FSP1782
Christchurch	Steve Richens Moneta Financial Group	FSP18161
VIC, Australia	IG Markets Limited	FSP18923
Auckland	New Zealand Assets Management	FSP19161
Auckland	Milestone Financial Services (Auckland) Limited	FSP19241
New Plymouth	Imperial Investment Services Limited	FSP19381
Auckland	It Happens Limited	FSP19384
Auckland	Cave Financial Consulting Ltd	FSP19443
Poirua City	Uk Pension Transfers Limited	FSP19444
Manukau	Generation Wealth management	FSP19601
Christchurch	Rede Advisers Limited	FSP19741
Auckland	Lifestyle Planning Limited	FSP19821
Auckland	Velocity Trade	FSP20003
Auckland	Milestone Financial Services	FSP20101
Wellington	Collins Group	FSP20141
North Shore City	Us Advice	FSP20163
North Shore City	Otautu Wealth Management Investment Services Ltd	FSP20461
Wellington	Milford Asset Management	FSP21043
Auckland	NZ Mortgages Pty Ltd	FSP214565
Auckland	Tyndall Investment Management	FSP22562
Auckland	Professional Consulting Group Ltd	FSP22702
Wellington	Edge Capital Markets Limited	FSP23102
Whangarei	Minhinnick & Associates Limited	FSP23202
Wellington	Advice First	FSP23242
Hamilton	JGFP Limited	FSP233025
Auckland	Intercontinental Financial Services Corporation Limited	FSP23321
Christchurch	Murray & Company Wealth Management	FSP23361
Auckland	Brook Asset Management	FSP23421
CHRISTCHURCH	Hamilton Hindin Greene Ltd	FSP23642
New Plymouth	Foresight Financial Planning LTD	FSP23962
Auckland	Mint Asset Management	FSP24461
Wellington	Public Trust	FSP24561
Remuera	Dennis Green & Associates Ltd	FSP24782
HASTINGS	Esam Cushing/FORBAR	FSP24845
Auckland	Forsyth Barr Limited	FSP24848
Wellington	Spicers Portfolio Management	FSP26061
Wanaka	Aspiring Wealth Management	FSP26152
Christchurch	Mander & Co Ltd	FSP26222
Pinehill	YSC Consulting Limited	FSP26344
Dunedin	Polson Higgs Wealth Management Limited	FSP26381
Christchurch	Strategic Financial Planning	FSP26383
Wellington Central	Gareth Morgan Investments	FSP26523
Kerikeri	Alan Clarke Financial Services Ltd	FSP26532
Wellington	Vantage NZ Ltd	FSP26761
Wellington	Maori Trustee	FSP26843
Wanganui	Stoneman Financial Services	FSP27043
Auckland	New Zealand Funds Management	FSP27062
Hastings	Stewart Financial Group Limited	FSP27403
Auckland	WILSON INVESTMENT SERVICES	FSP27441
Palmerston North	Nuview Wealth Solutions	FSP27601
Dunedin	Kepler Group	FSP27628
Dunedin	Kepler Group Otago	FSP27628
Havelock North	Cunningham Financial Services Limited	FSP27703
Havelock North	L J Cunningham And Associates Ltd	FSP27703
Auckland	Grant Thornton Wealth Management Limited	FSP28141
Wellington	Grosvenor Investment Management Limited	FSP28142
Auckland	Insurance People	FSP28285
Hastings	Wealth Building Strategies Limited	FSP28521
Auckland	Diversified Investment Strategies Limited	FSP28621
Auckland	Pacific Financial Derivatives Limited	FSP28944
Auckland	Newland Burling & Co. Limited	FSP29029
Auckland	ASB Securities Limited	FSP29162
Christchurch	Canterbury Financial Services Ltd	FSP29382
Levin	COLBERT COOPER FINANCIAL SERVICES	FSP29622
Tauranga	Craigs Investment Partners Limited	FSP29641
Wellington	Pearson Investment Advisory Limited	FSP29664
Auckland	Macquarie Equities New Zealand Limited	FSP29782
Auckland	Trafalgar Copley Limited	FSP29821
Wanganui	Milestone Financial Services (Central)	FSP29827
Dunedin	THISTLE FINANCIAL SERVICES	FSP29842
Invercargill	Feldwick Holdings Limited	FSP29882
Invercargill	Kepler Group Southland/central Otago	FSP30021
Christchurch Central	James Kara	FSP30041
Auckland	SAXE-COBURG	FSP30241
AUCKLAND	Macquarie Equities Custodians Ltd	FSP30294
Christchurch Central	Pensions Transfers Direct (NZ) Ltd	FSP30341
Tauranga	Peter Hawes Investment Services Limited	FSP30441
Masterton	RIVAL GROUP	FSP30481
Auckland	Covenant Trustee Services Limited	FSP30521
Christchurch	Financial Strategies	FSP30544
Dunedin	Fund Managers Otago Limited	FSP30687
North Shore City	Personal Management Services Limited	FSP30721
Christchurch	Murray & Company Limited	FSP30841
Invercargill	Gary Cooper & Associates Limited	FSP30982
Auckland	Canopus Investments Limited	FSP31002
North Shore City	Decisionmakers (Auckland)	FSP31082
North Shore City	Northern Financial Advisory Services Co Ltd	FSP31085
Waitakere	Saving Kiwis Financial Solutions Ltd	FSP31091
Dunedin	Colin Strang Financial Services Limited	FSP31092
Te Awamutu	BD Baynes	FSP31142
North Shore City	Decisionmakers (CBD)	FSP31224
Christchurch	Financial Solutions Cantebury Ltd	FSP31302
Christchurch	Aspiring Asset Mangement	FSP3141
Alexandra	Crawford Lifeco Limited	FSP31484
North Shore City	DecisionMakers (Rangitoto)	FSP31522
Auckland	McLay & Co	FSP31541
Hamilton	Fiona Judd Limited	FSP31602
Whakatane	Pascoe Barton Limited	FSP31762
Palmerston North	Decisionmakers (Manawatu)	FSP31764
Auckland	The Covenant Trustee Company	FSP31883
Wellington	First NZ Capital Securities Limited	FSP3202
Auckland	Currey Financial Services Limited	FSP32186
Christchurch	First Financial Solutions Limited	FSP32267
Wellington	Harbour Asset management	FSP3241
Auckland	Plan B Wealth Management Limited	FSP32422
North Shore City	Financial Lifestyle	FSP32582
Paraparaumu	Chris Lee & Partners Ltd	FSP32643
Auckland	BT Funds Management (NZ) Ltd	FSP32662
Gisborne	McCullochs Limited	FSP32702
WELLINGTON	Direct Broking Limited	FSP32943
Auckland	Diversified Wealth Management Limited	FSP32943
Christchurch	Capital Investment Planning	FSP3301
Christchurch	Craig Smith Business Services Ltd	FSP33042
AUCKLAND	JBWere (NZ) Pty Limited	FSP33141
Auckland	Tonkin Financial Services	FSP33203
Auckland	The Executive Consulting Group	FSP33228
Dunedin	Myles Wealth Management Limited	FSP33241
Auckland	Jethro Hooker Associates Limited	FSP33383
Christchurch	Accordia Asset Management Limited	FSP3341
Wellington	New Zealand Guardian Trust (NZGT)	FSP33501
New Plymouth	B&L Jury 2004 Ltd	FSP34042
Auckland	SuccessionPlan NZ Ltd	FSP34121
Auckland	Time Vision Financial Services Limited	FSP34281
Lower Hutt	Allfinanz (Crest Finanical Brokers Ltd)	FSP34361
Lower Hutt	Pension Transfers (2005) Limited	FSP34505
Blenheim	Advanced Financial Solutions	FSP34510
Auckland	LM Investment Management Limited	FSP34521
Christchurch	Whai Rawa	FSP34563
Auckland	Pathfinder Asset Management	FSP34682
Rotorua	Bright Wild & Thomas Financial Services	FSP34684
Paraparaumu	Kapiti Investment Services Limited	FSP34721
Oamaru	Waitaki Financial Services Limited	FSP34765
Dunedin	Bradley Nuttall Otago	FSP34783
Hamilton	Money Solutions Limited	FSP34942
Whakatane	Asset Finance	FSP3501
Lower Hutt	Decisionmakers (Wellington)	FSP35161
Christchurch	Stewart Insurance Christchruch Ltd	FSP35281
Christchurch	Milestone Financial Services (Canterbury) Limited	FSP35702
Wellington	Lyford Assett Management	FSP35961
Christchurch	Brian Trevathan Insurance Services Ltd T/A Lifestyle Financial	FSP36121
Thames	Direct Insurance & Financial Services Ltd	FSP36143
Christchurch	Mortgage Consulting Limited	FSP36165
Auckland	Brackenridge Total Financial Solutions	FSP36166
Auckland	Saturn Portfolio Management Limited	FSP36264
Palmerston North	CORE WEALTH SOLUTIONS	FSP36445
Auckland	Financial Focus (New Zealand) Ltd	FSP36446
Palmerston North	NLA Financial Advisers	FSP36461
Nelson	Goldridge Tasman Limited	FSP36702
Auckland	Select Insurance & Investments Ltd	FSP36841
Christchurch	Investor Link Corp T/A Investor Link Securities	FSP37011
Auckland	Gabrielle Wilson Limited	FSP37018
Tauranga	Bentson Financial Investment Services Ltd	FSP37030
Christchurch	Active Investment Management Limited	FSP37045
North Shore City	Menzies Financial Solutions Ltd	FSP37302
Auckland	Global Portfolios Limited	FSP37381
Wellington	Trustees Executors	FSP37383
Lower Hutt	Milestone Financial Services (Wellington) Limited	FSP37385
Hastings	Barnes Mossman	FSP37421
Auckland	Goldman Sachs & Partners NZ Limited	FSP37443
Dunedin	Southern Wealth Management Limited	FSP37505
AUCKLAND	Macquarie Equipment Finance Ltd	FSP37621
Rotorua	HALLAM JONES INSURANCE & SUPERANNUATION	FSP38182
Taihape	Greenstone Insurance Limited	FSP38342
Auckland	Fisher Funds Management Limited	FSP38581
Dunedin	Michael White Financial Services Ltd	FSP38801
Whangarei	Gunson Mclean	FSP38806
Te Puke	Bennett Gibson Financial Services	FSP38808
Lower Hutt	Financial Frontiers Limited	FSP38943
Palmerston North	Professional Investment Services (Manawatu) Limited	FSP39201
Auckland	Staples Rodway Assett Management	FSP39364
Dunedin	GPS Financial Services Ltd	FSP39481
Wellington	FSB4 Financial Limited	FSP39630
Auckland	NZ 1st Financial Services	FSP39902
Queenstown	Strongbox Wealth Management Limited	FSP39903
Palmerston North	QA Financial Planning Ltd	FSP39936
Tauranga	Stewart Financial Services Limited	FSP39939
Wellington	Goldridge	FSP39961
Hamilton	McKenzie Financial Planning	FSP39965
Saint Albans	CIRCLE CONSULTING	FSP39970
Auckland	GREAT BRITISH PENSIONS	FSP39972
Takapuna	Eriksens Global	FSP40147
Christchurch	Verdicchio Advisory Limited	FSP40321
Auckland	Perpetual	FSP40361
Mount Maunganui	U-Save Investments	FSP40461
Auckland	L'Argent Investments Limited	FSP40669
Hamilton	RJ Hartles 2010 Ltd	FSP40724
Auckland	K Copland & Associates Limited	FSP40781
Queenstown	Rose Capital Management Limited	FSP40942
Christchurch	Kepler Group (Canterbury)	FSP41001
Wanganui	Kevin Aanensen	FSP41037
Auckland	CMC Markets (NZ) Limited	FSP41187
Christchurch	Peak Solutions Limited	FSP41361
Wellington	McDouall Stuart Securities Limited	FSP41526
Auckland	UBS Securities New Zealand Limited	FSP42121
Auckland	Armstrong Financial Services Limited	FSP4221
Christchurch	Pinnacle Wealth Management Limited	FSP42282
Auckland	Rothbury Group	FSP42406
Auckland	Dentice Simpson Consulting	FSP42614
Hastings	Cole Murray Group Limited	FSP42652
Wellington	Mercer (NZ) Limited	FSP42742
Palmerston North	Parsons Financial Services	FSP42761
Timaru	Martin Wakefield	FSP42922
Hastings	CML Financial Planning Ltd	FSP43001
Christchurch	Wilo Financial Services Limited	FSP43325
Auckland	Bancorp Wealth Management	FSP43504
Christchurch	Pam Millar Insurance Limited	FSP43506
Porirua	Stuart McLaren Financial Services Limited	FSP43523
Wellington	IJC Financial Solutions Ltd	FSP43601
Wellington	Lynskey Nalder Limited	FSP43683
Hastings	Fund Managers Central Limited	FSP43686
Napier	Sumner Ryan Investment Advisers Limited	FSP43687
Wellington	Arbitrage Wealth Management Ltd	FSP43922
Palmerston North	Money Concepts Manawatu	FSP43942
Auckland	Stuart + Carlyon Limited	FSP44053
Auckland	Derek Keith Associates	FSP44241
Wellington	Stapleton Financial Solutions Ltd	FSP44500
Waitara	Trevor Sharman-Insurance & Investment Adviser	FSP44801
Auckland	Apex Advice Group Limited	FSP44869
Napier	Financial Sense Limited	FSP45101
Wellington	Gould Steele & Co New Zealand Limited	FSP45442
Auckland	International Financial Planners Limited and Richfields Financial Planners Limited	FSP45582
Christchurch	Reddiford Financial Limited	FSP45861
AUCKLAND	Macquarie Capital New Zealand Limited	FSP4621
Matamata	RJ McLean & Associates	FSP46223
Auckland	Russell Investment Management	FSP46344
Auckland	Wealth Works Limited	FSP46362
Wellington	Gareth Morgan Investments	FSP46781
Wellington	Camelot NZ Limited Partnership	FSP46981
Auckland	Auckland City Brokers Ltd	FSP47021
Wellington	Meridian Brokers Limited	FSP47042
North Shore City	Peter Mark Jackson	FSP47501
Timaru	One to One Risk Services Limited	FSP47582
Auckland	Gerald Brett Wright	FSP47881
Auckland	Accelerate Consulting Limited	FSP48022
Wellington	Brian Race Financial Advisers (2006) Limited	FSP48161
Tauranga	Investment Management Solutions Ltd	FSP48422
North Shore City	AidAsh Limited	FSP48924
Kerikeri	Byfield Limited	FSP49321
Kerikeri	Spicers Porfolio Management Ltd	FSP49321
Christchurch	Investment World Ltd	FSP49702
One Tree Point	Black13 Limited	FSP50442
North Shore City	Marks Finanical Planning Services Limited	FSP50641
Hamilton	Keystone Services (2006) Ltd	FSP50741
Auckland	Medical Financial Advisory Services Ltd	FSP50841
Hastings	Insurance and Investment Services	FSP5101
Paraparaumu	Jensen Five Limited	FSP51321
Auckland	Solander Investments Limited	FSP51484
Wellington	PFL Financial Services Ltd	FSP51621
Dunedin	Spicers	FSP51621
Invercargill	DKD Services Ltd	FSP51681
Alexandra	Wilmac Financial Services Limited	FSP52023
Blenheim	Marlborough Wealth Management Ltd	FSP52062
Alexandra	Wilmac Financial Services Limited	FSP52081
Christchurch	The Doak Family Company Limited	FSP52122
Wellington	Headco Holdings Limited	FSP52141
Auckland	Advice Financial AKA SSRS Investmant Management	FSP52181
Whangarei	EJM Limited	FSP52281
Christchurch	Oakridge Financial Services Ltd	FSP52601
Auckland	Ardath Holdings Limited	FSP52681
Palmerston North	P.D.M.S. Financial Services Limited	FSP52761
Auckland	Dundonald Advisory Services Limited	FSP52802
Hamilton	Hunter Charles Consultants Ltd	FSP52821
Dunedin	Russell Richard Quin	FSP52901
Invercargill	Wayne Belesky Ltd	FSP53283
North Shore City	Alba Financial Advisers Limited	FSP53402
Auckland	A&M Watson (2012)	FSP53501
North Shore City	Derek Grantham	FSP53821
Christchurch	Argent Financial Services Limited	FSP53902
Tauranga	Cc Consultancy Limited	FSP54041
Papakura	David Morgan Financial Planning Limited	FSP54123
Manukau	Jabez Consulting Ltd	FSP54261
Wellington	Step Financial Services Limited	FSP54521
Takapuna	Quartz wealth Management	FSP54701
Queenstown	Shaw Financial Limited	FSP54981
New Plymouth	Heartland Taranaki Limited	FSP55001
Palmerston North	Personal Investment Centre Limited	FSP55201
Napier	Napier Financial Services Ltd T/A AMP Solutions Napier	FSP55401
Ashhurst	J Ladd Financial Services Limited	FSP55421
Christchurch	Carter Wilson & Associates T/A South Island Financial Planning Co Limited	FSP55601
Wanganui	Chris Moffat Finacial Services Ltd	FSP56101
Awamutu	KB Financial Solutions Limited	FSP56381
Wanganui	Kelly & Associates	FSP56701
Kerikeri	Spicers Northland (2008) Limited	FSP56821
Keri Keri,	Celestial Enterprises Limited	FSP56841
Havelock North	Jim Hubble Financial Services Limited	FSP57401
Auckland	GHM Consulting (2002) Limited	FSP5741
Wellington	The Terrace Financial Group Limited	FSP57461
Wellington	Nicola Louise Hoy	FSP57541
Upper Hutt	Ways to Wealth Limited	FSP57601
Te Awamutu	Dean Morgan Financial Services Limited	FSP57663
New Plymouth	Bruce Flay & Associates Limited	FSP58201
Matamata	CALHAN	FSP58262
Waipukurau	Walker Mackie Financial Services	FSP58521
Cambridge,	Cornerstone Financial Advisers Limited	FSP58561
Alexandra	Future Financial Solutions Limited	FSP58701
Palmerston North	Gannon Insurance Brokers Limited	FSP58861
Invercargill	Financial Services South Limited T/A AMP South Financial Services	FSP59101
Christchurch	Derry Johnston T/A Canterbury Insurances Ltd	FSP59102
Dannevirke	Amp Viking Financial Services	FSP59601
Northland	AMP Dynamic Financial Services	FSP59801
Christchurch	Richards Financial Services	FSP59822
Auckland	Gerard & Greer Financial Services Limited	FSP59842
Motueka	Castle Trust Financial Planning Ltd	FSP59941
Auckland	Alda Financial Ltd	FSP60001
Auckland,	Taylor Mac Advice Limited T/A GHM Consulting (2002) Limited	FSP6001
Auckland	Financial Success Group	FSP60221
Christchurch	Carolyn Tapley Advisory Services Ltd	FSP60341
Levin	Nick Green Financial Services	FSP61521
Blenheim	Marlborough Financial Services Limited	FSP61761
Auckland	Rothbury Risk & Investment Services Limited	FSP61963
Hamilton	Lifescan Limited	FSP62002
Dunedin	Altus Financial Services	FSP62201
Ashburton	Chamberlain Services Limited T/A AMP Ashburton Financial Services	FSP62381
Wellington	Harbour Capital Financial Services	FSP62481
Auckland	Excel Financial Services Limited	FSP63681
Hamilton	No. 8 Lifebrokers Ltd	FSP64221
Whakatane	Shane McPhee Insurances Limited	FSP64262
Northcote	Costello Financial Services	FSP64521
Whangarei	Liberty Financial Solutions	FSP64861
Nelson	Warren Borlase Insurance & Financial Planning Limited	FSP65521
Tauranga	Transact Wealth Group Limited	FSP65701
Auckland	Nicola Jones Financial Services Limited	FSP65741
Greymouth	John Wood & Associates Limited	FSP65742
Oakura	David John CARROLL	FSP66503
Tuaranga	Financial Success Limited	FSP66541
Tauranga	Graeme Muir Financial Services	FSP66761
Christchurch	Acorn Insurance & Investment Ltd	FSP66846
Hamilton	Tactical Financial Advice Limited	FSP67543
Dunedin	Financial Choice Limited	FSP67624
Lower Hutt	PSP Consulting Ltd	FSP67983
Auckland	Cheltenham Financial Services Limited	FSP68101
Auckland	FINANCIAL HEALTH	FSP68563
Auckland	Genesis Financial Services Ltd	FSP69221
Tauranga	Nexxus Financial Group Limited	FSP69661
Auckland	Insurance & Lending Specialists Limited	FSP69842
Amberley	Constable Financial Resources	FSP69882
Tauranga	New Zealand Financial Planning Company Ltd	FSP69942
Manukau	Independent Investment Brokers 1993 Ltd	FSP69982
Wellington	Stratus Financial Services Limited	FSP70103
Waihi	Sharp Insurances Limited	FSP70105
North Shore City	North Shore Financial Services 2004	FSP70281
Timaru	Mainland Insurance Mortgages Investment Limited	FSP70601
Auckland	Parveen Sharma	FSP70701
Hamilton	Kerry Kirk Financial Services Limited	FSP70881
Timaru	Peter Hayes & Associates Ltd	FSP70901
Timaru	Bamford Financial Services	FSP71641
Dunedin	Exchange Corp 2002 Ltd	FSP72162
Auckland	Sherilyn Fretton	FSP73301
Blenheim	LD & EK Daines Insurance Solutions	FSP73761
Rotorua	Geyserland Financial Services Ltd	FSP75584
Keri Keri	Whitelaw Weber Financial Services Limited	FSP75661
Taupo	Taupo Moana Group	FSP7581
Auckland	Liquid Financial Solutions Limited T/A AMP Liquid	FSP75961
Hamilton	Goldsworthy Financial Solutions	FSP76181
Wellington	Tawa Financial Services Limited	FSP77261
Wellington	City Brokers Ellis Limited	FSP77361
Wellington	Red Risk Managers	FSP77541
Paraparamu	Sterling Pensions Transfers Limited	FSP78162
Christchurch	Paul Wilson & Associates Limited	FSP79142
Auckland	Hatton Financial Services Ltd	FSP79842
Wellington	Cranfield Insurance & Investments Ltd	FSP80522
New Plymouth	Lisa Kasperski	FSP80621
Auckland	Montage Financial Planning Ltd	FSP80763
Auckland	S W Morris & Associates Ltd	FSP81187
Auckland	Newton Ross Limited	FSP8141
Palmerston North	Manawatu Insurance & Investment Ltd	FSP82701
Auckland	Stewart Imrie Financial Services Limited	FSP8281
Palmerston North	Wealthdesign Limited	FSP82969
Napier	Bay Financial Centre	FSP83721
Auckland	Jim Davies Financial Services	FSP84682
Wellington	Maxim Wealth Limited	FSP84741
Wanganui	Coast to Coast Financial Services Limited	FSP8521
Wellington	Money Concepts New Zealand T/A Global Financial Planning Ltd	FSP85223
Christchurch	Milner Financial Limited	FSP85721
Auckland	Insurance Professionals 2010 Ltd	FSP86741
Christchurch	Future Life Solutions Limited	FSP8681
Tauranga	Rothbury Financial Services Limited	FSP87164
Napier	Shape Life And Financial Brokers Limited	FSP87301
Auckland	Graeme Jackson Financial Services Limited	FSP87921
Auckland	Oswin Griffiths Financial Services Ltd	FSP89241
Auckland	Morgan Taylor Limited	FSP89901
Tauranga	Deane & Associates Ltd T/A AMP BOP Financial Services	FSP90043
Upper Hutt	Finanical Advisory Services Ltd	FSP90121
Wellington	Central Brokers Insurance Limited	FSP90842
Northshore City	DWL Limited	FSP91041
Auckland	Vision Financial Management Limited	FSP9221
Te Kuiti	AMP King Country Financial Services	FSP92363
Waitakere	West Auckland Wealth Management	FSP93001
Auckland	JMIS Limited	FSP93061
Cambridge	Life-Time Financial Group Ltd	FSP93243
Wellington	JM Penlington & Associaties Ltd	FSP93361
Tauranga	EOS Financial Limited	FSP93362
Cambridge	Vault Taupo Limited	FSP93401
Greymouth	East West Financial Services Limited	FSP93521
Wellsford	Certus Limited T/A Certus Financial Group	FSP94301
Wellington	Wealth Navigators Limited	FSP94561
Hamilton	Shane Downey Consulting Ltd	FSP94601
Auckland	HiFX	FSP94961
Christchurch	Rademakers Financial Services Limited	FSP95221
Warkworth	Aim Financial Services	FSP95306
Auckland	Alun Rees-Williams	FSP95784
Te Kuiti	Warren Latham Financial Services	FSP95885
North Shore City	John Cameron Insurance and Financial Services	FSP95904
Auckland	Elevation Capital Management Limited	FSP9601
Whangarei	Rob Anderson & Associates	FSP96164
Masterton	Straas Holdings Limited	FSP96244
Waihi	Leon Sharp	FSP96264
Mangawhai	Vale Financial Services Limited	FSP97024
Christchurch	SHARE	FSP97084
Christchurch	Laredo Risk & Insurance Ltd	FSP97304
Tauranga	Graham Russell Financial Services Limited	FSP97324
New Plymouth	Horizon Insurance and Investment Brokers Limited	FSP97364
Lower Hutt	Chris MacKay Financial Planning Ltd	FSP9821
Auckland	Hassan & Associates	FSP9861
Nelson	Powerhouse Financial Services Limited T/A AMP Powerhouse Financial Services	FSP98784
Nelson	Blackard Limited	FSP98804
Auckland	S J Hassan & Associates Limited	FSP9881
Thames	Premier Central Waikato Financial Services Limited	FSP98924
Manukau	John Grogan Insurances 2006 Limited	FSP98925
Napier	AMP Bay Financial Services Hawkes Bay Ltd	FSP99424
North Shore City	David J Mortimer	FSP99624
Christchurch	Amicus Group Limited	FSP99644
Auckland	New Zealand Assets Management	FSP19161
Christchurch	Socrates Fund Management Limited	FSP7681
Auckland	Perpetual Asset Management Limited	FSP40363
Auckland	Richmond Investment Management GP Limited	FSP135564
Wellington	Implemented Investment Solutions Ltd	FSP127464
Wellington	FNZ Limited	FSP12981
Wellington	BNP Paribas Fund Services Australasia Ltd	FSP42061
Auckland	AMP Life Limited	FSP38141
Auckland	AMP Services (NZ) Limited	FSP38082
Auckland	AMP Superannuation(NZ) Limited	FSP38021
Auckland	AMP Wealth Management New Zealand Limited	FSP25061
Auckland	Goldman Sachs New Zealand Securities Limited	FSP37446
Auckland	Goldman Sachs New Zealand Limited	FSP37443
Auckland	Goldman Sachs New Zealand Private Equity Limited	FSP37453
Auckland	Goldman Sachs New Zealand Mezzanine Limited	FSP37454
Auckland	Portfolio Custodian Ltd	FSP37391
Auckland	Equity Nominees Ltd	FSP37448
Auckland	Norfolk Financial Management Limited	FSP35843
Auckland	LifeFirst (New Zealand) Limited	FSP257125
Wellington	Pencarrow Private Entity Limited	FSP12501
Masterton	Bramwell Brown Limited	FSP28047
Auckland	Macquarie Securities (NZ) Ltd	FSP14521
Auckland	Hayes Asset Management Limited	FSP276245
Auckland	AMP Capital Investors (New Zealand)	FSP461290
Auckland	EQUITY INVESTMENT ADVISERS LIMITED	FSP259485
Auckland	Deutsche Securities New Zealand Ltd	FSP32602
Auckland	Macquarie Private Wealth	FSP168304
Wellington	Woodward Partners��	FSP229425
Wellington	ANZ New Zealand Securities Limited	FSP202106
Wellington	Gareth Morgan Kiwisaver	FSP46761
Wellington	Funds Administration New Zealand Limited	FSP3961
Auckland	Generate Investment Management Limited	FSP271005
Auckland	Global Brokers NZ Ltd	FSP8541
Christchurch	Health Professional Services	FSP45461
Auckland	Investment Research Group (IRG)	FSP268405
Auckland	MCI Markets Limited	FSP44173
Auckland	McLean Financial Planning	FSP60781
Auckland	NZAM Funds Limited	FSP252545
Wellington	Redress Limited	FSP255745

Securities Act (KCL Investments Limited - Manukau Lambie Proportionate Ownership Scheme)

2013-05-08T09:51:00+13:00

Securities Act (KCL Investments Limited - Manukau Lambie Proportionate Ownership Scheme) Exemption Notice 2013

Finance Company cases before the Court

2013-05-07T11:17:19+13:00

Current at 7 May 2013

Five Star Consumer Finance and Five Star Finance
Nathans Finance
Bridgecorp and Bridgecorp Investments (BIL)
Lombard Finance & Investments
Capital + Merchant Finance
Dominion Finance Group and North South Finance
Belgrave Finance
Hanover Finance, United Finance and Hanover Capital
National Finance
South Canterbury Finance

Five Star Consumer Finance And Five Star Finance Group

Defendants	Marcus Macdonald, Nicholas Kirk, Anthony Bowden, Neil Williams
Charges	FMA alleged that the Defendants: - Five Star Consumer Finance Limited (FSCF) charges: made untrue statements in the investment statements and registered prospectuses of that company dated 20 September 2006. It is also alleged that the directors made further untrue statements when they signed a prospectus extension certificates on 21 December 2006. - Five Star Finance and Five Star Debenture Nominee (FSF and FSDN) charges: offered securities in contravention of the Securities Act and did so without having registered a prospectus or provided investors with an investment statement. Furthermore, they offered investments in FSF and FSDN in advertisements that were not authorised advertisements for purposes of the Securities Act. The SFO also laid charges against all four directors of FSCF.
Penalties	The FSCF charges were laid indictably under section 58 of the Securities Act and carry a maximum penalty of five years imprisonment or fines of up to $300,000. The FSF and FSDN charges were laid summarily under section 59 of the Securities Act and carry a maximum penalty fine not exceeding $300,000. Under section 60E of the Securities Act there is an automatic five year management ban if a person is convicted of an offence under section 58.
Date filed	4 August 2008 in the District Court at Auckland (FSF and FSDN). 30 November 2009 in the District Court at Auckland (FSCF).
Current status	All defendants pleaded guilty. Mr Kirk and Mr Macdonald were sentenced to over two years imprisonment on these charges on 22 December 2010. Mr Bowden was sentenced to home detention. The convicted directors are all subject to automatic five year management bans under s60E of the Securities Act. Mr Kirk is banned until 12 August 2015. Mr MacDonald is banned until 5 October 2015. Mr Bowden is banned until 17 September 2017. Mr Williams applied to vacate his plea of guilty. On 23 March 2012 the Court declined Mr Williams' application. He then applied for a judicial review of that decision and other matters. That was heard on 4 February 2013 and declined. His disputed facts sentencing hearing was heard from 25 February 2013 and the Crown's view of the facts was largely upheld. Mr Williams was sentenced to three years seven months imprisonment on 19 April 2013. He is also subject to a management ban until 5 October 2015, being five years from the date of his 2010 conviction.

Nathans Finance

Defendants	John Hotchin, Donald Young, Kenneth Moses and Mervyn Doolan
Charges	FMA alleged that the directors made untrue statements in the registered prospectus and investment statement of Nathans Finance NZ Limited (in receivership) dated 13 December 2006. FMA also alleged that the directors made further untrue statements when they signed a prospectus extension certificate on 30 March 2007. In addition FMA alleged that letters sent to members of the public advertising Nathans Finance debenture stock contained untrue statements about some of the matters referred to above. These claims do not apply to Mr Hotchin who had resigned his directorship by the time the advertisements were sent out. The defendants denied the charges.
Penalties	Criminal charges - These charges were laid indictably under section 58 of the Securities Act and carry a maximum penalty of five years imprisonment or fines of up to $300,000 plus $10,000 for every day the offence is continued. Under section 60E of the Securities Act there is an automatic five year management ban if a person is convicted of an offence under section 58. Civil proceedings - The proceedings were issued under section 55C and related sections of the Securities Act. FMA applied for declarations of civil liability and civil pecuniary penalties of up to $500,000 against each of the five directors.
Date filed	Criminal charges - filed on 12 December 2008 in the District Court at Auckland. Civil proceedings - filed on 12 December 2008 in the High Court at Auckland.
Current status	Criminal charges - High Court trial began on 21 March 2011 and concluded on 17 June 2011. Mr Hotchin entered a guilty plea and was sentenced on 4 March 2011 to eleven months' home detention and 200 hours community service, and was ordered to pay reparation of $200,000. The verdict was delivered on 8 July 2011. Messrs Moses, Doolan, and Young were each found guilty on five out of the six counts in the indictment. Sentencing was held on 2 September 2011. Mr Doolan was sentenced to two years four months imprisonment and ordered to pay reparation of $150,000, Mr Moses for two years two months imprisonment and ordered to pay reparation of $425,000 and Mr Young nine months home detention, 300 hours community service and ordered to pay reparation of $310,000. Appeals by Messrs Moses and Doolan against imprisonment on 27 September 2011 were dismissed. The convicted directors are all subject to automatic five year management bans under s60E of the Securities Act. Mr Hotchin is banned until 25 February 2016. Mr Moses, Mr Young and Mr Doolan are each banned until 8 July 2018. Civil proceedings - discontinued on 5 March 2013.

Bridgecorp and Bridgecorp Investments (BIL)

Defendants	Rodney Petricevic, Robert Roest, Bruce Davidson, Gary Urwin and Peter Steigrad
Charges	FMA alleged the directors made untrue statements in the investment statements and registered prospectuses of Bridgecorp and BIL dated 21 December 2006. FMA also alleged that the directors made further untrue statements when they signed prospectus extension certificates for Bridgecorp and BIL on 30 March 2007. The Crown also laid charges under the Crimes Act 1961 and Companies Act 1993 against Mr Petricevic and Mr Roest. The defendants denied the charges. The SFO has also laid charges relating to these companies.
Penalties	Criminal charges - these charges were laid indictably under section 58 of the Act and carry a maximum penalty of five years imprisonment or fines of up to $300,000. Under section 60E of the Securities Act there is an automatic five year management ban if a person is convicted of an offence under section 58. The Crimes Act charges against Mr Petricevic and Mr Roest were laid indictably under section 242 of that Act and carry a maximum penalty of ten years imprisonment. The Companies Act charges against Mr Petricevic and Mr Roest were laid indictably under section 377 of that Act and carry a maximum penalty of five years imprisonment or fines of up to $200,000. Under section 382 of the Companies Act there is an automatic five year management ban if a person is convicted of an offence under section 377. Civil proceedings - The proceedings are issued under section 55C and related sections of the Securities Act. FMA has applied for declarations of civil liability and civil pecuniary penalties of up to $500,000 against each of the five directors.
Date filed	Criminal charges -12 December 2008 (non-executive directors), 11 May 2009 (executive directors) in the District Court at Auckland. Civil proceedings -12 December 2008 at the High Court in Auckland.
Current status	Criminal charges - High Court trial commenced 25 October 2011. Mr Davidson entered a guilty plea and was sentenced on 7 October 2011 to nine months' home detention, 200 hours community work and ordered to pay reparation of $500,000. Mr Urwin pleaded guilty on 9 November, 2011. On 17 April 2012 he was sentenced to two years imprisonment. On 5 April 2012 Mr Petricevic and Mr Roest were found guilty on charges of breaching the Crimes Act 1961, the Companies Act 1993, and the Securities Act 1978. Mr Steigrad was found guilty on charges of breaching the Securities Act 1978. Mr Steigrad was found guilty on charges of breaching the Securities Act 1978 for the period after 7 February 2007. Mr Petricevic was sentenced on 26 April 2012 to six and a half years imprisonment on all charges. Mr Roest and Mr Steigrad were sentenced on 18 May 2012. Mr Roest was sentenced to six years six months imprisonment. He has appealed his sentence and conviction. A date is yet to be set for his appeal. Mr Steigrad was sentenced to nine months home detention, 200 hours community service and $350,000 reparation. He appealed his sentence and this was dismissed on 24 August 2012. The convicted directors are all subject to automatic five year management bans under s60E of the Securities Act. Mr Davidson is banned until 2 September 2016. Mr Urwin is banned until 9 November 2016. Mr Petricevic, Mr Steigrad and Mr Roest are banned until 5 April 2017. Civil proceedings - stayed pending resolution of the criminal case.

Lombard Finance & Investments

Defendants	Sir Douglas Graham, Michael Reeves, William Jeffries and Lawrence Bryant.
Charges	FMA alleged that Lombard Finance & Investments' offer documents and advertisements misled investors. FMA alleged that the directors made false statements in the registered prospectus dated 7 September 2007, as amended by a memorandum of amendments dated 24 December 2007, and investment statements dated 28 December 2007. In addition, FMA alleged that a DVD advertisement distributed during 2007 and 2008 contained similar untrue statements. The defendants denied the charges.
Penalties	Criminal charges - these charges were laid indictably under section 58 of the Securities Act and carry a maximum penalty of five years imprisonment or fines of up to $300,000 plus $10,000 for every day the offence is continued. Under section 60E of the Securities Act there is an automatic five year management ban if a person is convicted of an offence under section 58. Civil proceedings - the proceedings were issued under section 55C and related sections of the Securities Act. FMA has applied for declarations of civil liability and civil pecuniary penalties of up to $500,000 against each of the four directors.
Date filed	Criminal charges -14 April 2010 in the District Court at Wellington. Civil proceedings -1 April 2010 in the High Court at Wellington.
Current status	Criminal charges - High Court trial commenced 17 October 2011. On 23 February 2012 the accused were each found guilty on four out of five counts in the indictment. Sentencing was on 29 March 2012. Sir Douglas Graham and Mr Bryant were each sentenced to 300 hours community service and ordered to pay reparation of $100,000. Mr Jeffries and Mr Reeves were each sentenced to 400 hours community service. The convicted directors are each subject to automatic five year management bans under section 60E of the Securities Act until 29 March 2017. The defendants have all appealed their convictions. The Solicitor General has appealed their sentences. The appeals hearing were heard in the week of 4 March 2013. Judgment is awaited. Civil proceedings - stayed pending resolution of the criminal case.

Capital + Merchant Finance

Defendants	Civil and criminal proceedings - Neal Nicholls, Owen Tallentire, Colin Ryan and Robert Sutherland Criminal charges only - Wayne Douglas, Executive Director (resigned as a director in February 2007)
Charges	FMA alleged that Capital + Merchant Finance's offer documents and advertisements misled investors. FMA alleged that the directors made untrue statements in the registered prospectus and investment statement dated 15 August 2006 and that the current four directors made similar untrue statements in the registered prospectus and investment statement dated 10 September 2007. FMA alleged that five advertisements distributed during 2007 contained untrue statements. These claims do not apply to Mr Douglas who had resigned his directorship by then. FMA further alleges that Mr Nicholls and Mr Ryan knowingly misled FMA. The defendants denied the charges.
Penalties	Criminal charges - most of the criminal charges are laid indictably under section 58 of the Securities Act and carry a maximum penalty of five years imprisonment or fines of up to $300,000. Criminal charges are also laid against Mr Nicholls and Mr Ryan under section 59A of the Securities Act and carry a maximum fine of $300,000 plus $10,000 for every day the offence is continued. Under section 60E of the Securities Act there is an automatic five year management ban if a person is convicted of an offence under section 58 or section 59A. Civil proceedings - the proceedings are issued under section 55C and related sections of the Securities Act. FMA has applied for declarations of civil liability and civil pecuniary penalties of up to $500,000 against each of the current four directors.
Date filed	Criminal charges - 17 December 2009 in the District Court at Auckland. Civil proceedings - 30 November 2009 in the High Court at Auckland.
Current status	Criminal charges - In early 2013 all five directors separately pled guilty to the charges under section 58 of the Securities Act. Messrs Ryan, Sutherland and Tallentire were sentenced on 15 March 2013. Mr Tallentire was sentenced to 12 months' imprisonment. Mr Ryan was sentenced to seven months' home detention, 300 hours community work and ordered to pay $100,000 reparation. Mr Sutherland was sentenced to six months' home detention, 300 hours community work and ordered to pay $60,000 reparation. Mr Douglas and Mr Nicholls will be sentenced on a date to be determined. The charges against Mr Nicholls and Mr Ryan under section 59A remain on foot. Civil proceedings - stayed pending resolution of the criminal case.

Dominion Finance Group and North South Finance

Defendants	Vance Arkinstall, Richard Bettle, Terence Butler, Ann Butler, Paul Forsyth and Robert Barry Whale
Charges	FMA alleges that Dominion Finance Group's offer documents and advertisements misled investors. FMA alleges that the directors made false statements in the Dominion Finance Group registered prospectus dated 13 September 2007, as amended by an extension certificate 20 December 2007 and the North South Finance registered prospectus dated 11 September 2007, as amended by an extension certificate 20 December 2007. In addition, FMA alleges that a quarterly newsletter of Dominion Finance Group and a letter to the investors of both Dominion Finance Group and North South Finance distributed during 2008 contained similar untrue statements. The defendants deny the charges.
Penalties	Criminal charges - these charges are laid indictably under section 58 of the Securities Act and carry a maximum penalty of five years imprisonment or fines of up to $300,000 plus $10,000 for every day the offence is continued. Under section 60E of the Securities Act there is an automatic five year management ban if a person is convicted of an offence under section58. Civil proceedings - The proceedings are issued under section 55C and related sections of the Securities Act. FMA has applied for declarations of civil liability and civil pecuniary penalties of up to $500,000 against each of the directors.
Date filed	Criminal charges - filed on 22 June 2010 in the District Court at Auckland. Civil proceedings - filed on 4 June 2010 in the High Court at Auckland.
Current status	Criminal charges - High Court trial commences 17 June 2013 Civil proceedings - stayed pending resolution of the criminal case.

Belgrave Finance

Defendants	Stephen Charles Smith, Shane Joseph Buckley, Raymond Tasman Schofield and Hugh Edward Staples Hamilton
Charges	FMA alleges the directors breached section 58 of the Securities Act by making untrue statements in documents offering securities to the public. FMA alleges that in substance Mr Schofield acted as a director of Belgrave. Mr Hamilton, a former barrister and solicitor, was a legal advisor to the other individuals charged in relation to Belgrave. It is alleged that Mr Hamilton was a party to the conduct of the Belgrave directors. FMA further alleges the defendants breached section 377 of the Companies Act 1993 by making a false or misleading statement to the trustee appointed to safeguard the interests of investors in Belgrave secured debenture stock. The SFO has also laid charges against the men under the Crimes Act 1961. The SFO and FMA charges will be tried together. The defendants deny the charges.
Penalties	Criminal charges - these charges are laid indictably under section 58 of the Securities Act and carry a maximum penalty of five years imprisonment or fines of up to $300,000 plus $10,000 for every day the offence is continued. Under section 60E of the Securities Act there is an automatic five year management ban if a person is convicted of an offence under section 58. The maximum penalty for a breach of section 377 of the Companies Act is five years imprisonment or a $200,000 fine
Date filed	Criminal charges - filed against Mr Smith, Mr Buckley, and Mr Schofield on 14 September 2011 in the District Court at Auckland. Charges were filed against Mr Hamilton on 23 November 2012 in the District Court.
Current status	Criminal charges - High Court trial commences 29 April 2013. Mr Buckley pled guilty to 25 charges on 25 May 2012. On 30 August 2012 he was sentenced to 3 years' imprisonment. He is subject to an automatic five year management ban under s60E of the Securities Act until 25 May 2017. On 17 December 2012 the High Court at Auckland granted Mr Schofield a conditional stay of the criminal proceeding on the grounds that he has a terminal illness. The conditional stay was granted in relation to the charges brought against him by the SFO and FMA regarding his alleged role in the affairs of Belgrave Finance Limited. On 17 April 2013 Mr Stephen Smith pled guilty to 25 charges under the Crimes Act, Securities Act and Companies Act. He will be sentenced on 7 June 2013. The proceeding against Mr Hamilton continues and is due to be called again on 22 May 2013. The trial is scheduled for 10 February 2014.

Hanover Finance, Hanover Capital & United Finance

Defendants	Mark Hotchin, Gregory Muir, Sir Tipene O'Regan, Bruce Gordon, Eric Watson and Dennis Broit
Charges	FMA alleges that the directors and promoters made untrue statements in the registered prospectuses and investment statements of Hanover Finance, Hanover Capital and United Finance dated 7 December 2007. FMA also alleges that the directors made further untrue statements when they signed prospectus extension certificates on 31 March 2008. In addition FMA alleges that certain advertisements contained untrue statements about some of the matters referred to above.
Penalties	Civil proceedings - The proceedings were issued under sections 55B, 55C, 55G and related sections of the Securities Act 1978. FMA has applied for compensation, declarations of civil liability, civil pecuniary penalties of up to $500,000 against each of the five directors and promoters. Under section 60E of the Securities Act there is an automatic five year management ban if a pecuniary penalty order is made against a person under the Act.
Date filed	Civil proceedings - filed on 30 March 2012 in the High Court, Auckland Registry.
Current status	Defences and Statements in Reply filed. At a case management conference on 14 November 2012 interim timetabling orders were made, but a trial date is yet to be allocated.

National Finance

Defendants	Trevor Allan Ludlow, Carol Braithwaite, Anthony Banbrook,
Charges	FMA alleged that the directors made untrue statements in the registered prospectus for National Finance 2000 Limited, dated 22 September 2005. These statements included those relating to National's provisioning for bad debts, the loans made by National to related parties, including the purpose for which those loans were made, the security provided for them and their amount relative to National's total tangible assets, the security provided by borrowers for the loans made by National. The directors denied the charges. The SFO also laid charges against Mr Ludlow and National Finance's accountant John Gray. Mr Gray pleaded guilty and was sentenced to 18 months' imprisonment on 26 November 2010. Mr Ludlow was found guilty of all charges on 26 July 2011. He was sentenced on 20 October 2011 to five years and seven months imprisonment.
Penalties	Criminal charges - these charges are laid indictably under section 58 of the Securities Act and carry a maximum penalty of five years imprisonment or fines of up to $300,000. Under section 60E of the Securities Act there is an automatic five year management ban if a person is convicted of an offence under section 58.
Date filed	8 September 2008 in the District Court at Auckland. Mr Ludlow pleaded guilty to the FMA charges and was sentenced on 26 January 2012 to serve an additional nine months imprisonment cumulative on the existing SFO sentence. Accordingly he has received a total sentence of six years four months imprisonment. Mr Ludlow has since appealed his SFO and FMA sentence. The appeal of his FMA sentence was heard on 2 May 2013. The appeal judgment is awaited. Mrs Braithwaite's jury trial commenced on 9 July 2012. She was found guilty on 27 July 2012. On 18 September 2012 she was sentenced to 10 months' home detention and 300 hours of community work.
Current status	Mr Banbrook pled guilty on 22 June 2012. He sought a disputed facts sentencing hearing, that was adjourned until 2013 but he then abandoned that on 15 February 2013. On 12 March 2013 he was sentenced to eight and a half months' home detention and ordered to pay $75,000 in reparation. He has filed an appeal against conviction. A hearing date is yet to be set. The convicted directors are all subject to automatic five year management bans under s60E of the Securities Act. Mr Ludlow is banned until 13 December 2016. Mrs Braithwaite is banned until 27 July 2017.

South Canterbury Finance
Defendants	Edward Sullivan, Robert White, Lachie McLeod, Terrence Hutton, Graham Brown
Charges	The SFO is the informant. The prosecution is led by the SFO, with FMA's involvement and assistance. The accused are the former directors, former CEO, and company accountants of South Canterbury Finance (SCF). The SFO has laid 21 charges in total with FMA's assistance. The charges are laid under provisions of the Crimes Act: sections 220 (theft by person in special relationship), 240 (inducing by deception), 260 (false accounting) and 242 (false statement by promoter). The defendants deny the charges.
Penalties	Criminal charges - The charges under sections 220 and 242 of the Crimes Act carry a maximum penalty of seven years imprisonment, and the charges under sections 242 and 260 of the Crimes Act carry a maximum penalty of 10 years imprisonment. Under section 382 of the Companies Act there is an automatic five year management ban if a person is convicted of a crime involving dishonesty.
Date filed	Criminal charges - 7 December 2011 in the District Court of Timaru. Civil proceedings - None filed to date
Current status	The case was committed on 31 October 2012. On 11 March 2013 it was transferred to the High Court in Timaru. A pre-trial hearing will take place on 5 August 2013. The trial is scheduled to start on 12 March 2014.

Names of Firms and Individuals To Be Wary Of

2013-05-06T16:45:27+13:00

Since August 2000 we have published the names of firms who have targeted people in New Zealand.

This list shows companies or individuals FMA is aware of who do not comply with New Zealand's financial services laws or are not registered as a financial service provider in New Zealand.

Find out more about why it's important for financial service providers to be registered.

The list is not exhaustive. If you are cold called from a firm, or if you have found a company on the internet, that is not on the list, it does not mean they are genuine or appropriately registered.

Names recently added to the list (most recent at the top)

E1 Asset Management, Inc.
Swiss Asia Commodities Securities
Halcyon Offshore Asset Management
Vision Continental Consultants Limited ("VCC")
Vision Continental services Limited

IB Capital FX(NZ) LLP

Mane Capital Markets

Plutus Private Equity LLC

Department of Securities Trading

Advisorcorp
Century Bancorp of New Zealand/Century Savings and Trust Ltd
Maxum Gold Bnk Limited/Maxum Gold Bnk Holdings Limited/Maxum Gold Bnk PCPT Limited
New Zealand International Savings and Loans Ltd
Swiss Financial Corp Limited
Trendoks IMG (NZ) LLC
Trillion Private Wealth Limited
Vista International Services Limited
Sumitomo Financial Corporation

A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z

A

Abacus International Capital Corp

The Abacus International Capital Corp listed has stolen the identity of a legitimate firm in the United States. The legitimate Abacus International Corp can be contacted by phone at (212) 285 4770 or by fax (212) 285 4136 or (212) 274 0107.

Published on this site July 2007

Abbey House Acquisitions

Tower 42
25 Old Broad St
London
EC2N 1HQ
UNITED KINGDOM

Published on this site March 2006

AB Financial Group

440 South Laselle Street
Suite 3300
Chicago, IL 60605
UNITED STATES OF AMERICA

Phone: +1 312 283 0869
Fax: +1 866 277 9351
E-mail: info@abfinancialservicesgroup.com, info@nasdaqshareholdersupport.org
Website: www.abfinancialservicesgroup.com

Advisorcorp Limited

602 Yaldhurst Road Rd 6
Christchurch 7676
New Zealand

Website: www.advisorcorp.com.au

Published on this site July 2012

Alderman Associates Ltd

Arca Central Building
14F 1-2-1 Kinshi Sumida-ku, 1300031
Tokyo
JAPAN

Phone: +81 3 4520 9536
Fax: +81 3 6385 7599
E-mail: info@aldermanassociatesltd.com
Website: www.aldermanassocitesltd.com

Associated individuals: John Davis, Elizabeth Dole, Jamie Glanfield, Terry Staley, Steven Ong

Published on this site January 2010

Alpha REIT Advisors Co., Ltd

1-9-20, Akasaka
Minato-ku
Tokyo, 107-0052
Japan

Phone: + 8150 5539 8517
Fax: + 813 5501 9694
Website: www.alphareitadvisors.com
Email: contact@alphareitadvisors.com

Published on this site March 2010

American Financial Group

Ten G Street
NE 6th Floor
Washington DC 20002
USA

Phone: 852 1904 4132 also used is 1 800 2020 227
Website: www.amfigroup.com
Email: info@amfigroup.com

Associated individuals: Stephen O. Smith, Brandon Robertson, James Lander

Published on this site September 2011

Anderson Tate

4107 Emerald Street
Boise
Idaho 83706
UNITED STATES OF AMERICA

Published on this site January 2004

Anova Corporate Services

222 Yanan Road East
Shanghai
CHINA 200002

Associated individual: Stuart Lucas

Published on this site July 2004

Apple Investment Company Pty Ltd.

Level 13, 50 Cavill Avenue
Surfers Paradise
Gold Coast, QLD 4217
AUSTRALIA

Phone: +617 55 534 139
Fax: +617 55 383 390
Email: info@appleinvestmentcompany.com.au
www.appleinvestmentcompany.com.au

Published on this site October 2010

Apple Investment Company Ltd.

Level 11, 48 Wall Street
New York
NY, 10005
UNITED STATES OF AMERICA

Phone: +212 918 4952
Fax: +212 918 4801
Email: info@appleinvestmentcompany.com
www.appleinvestmentcompany.com

Published on this site October 2010

Arawack Portfolio Management Inc

Sunlife Plaza, 144 - 4th Avenue SW
Ste. 3600
West Tower
Calgary, AB T2P 3N4
CANADA

Published on this site October 2005

Argus Capital Investment Corporation

Postbus 59366
1040 KJ Amsterdam
THE NETHERLANDS

Associated individual: Ted Davies

Published on this site August 2001

Asia Pacific Advisors Ltd

24 Fl Pu Fa Tower
588 Pudong South Road
Pudong
Shanghai 2001200
CHINA

Phone: +86 21 3126 9109
Fax: +86 21 5107 9311
E-mail: noreply@asiapacificadvisors.com
Website: www.asiapacificadvisors.com

Associated individuals: Richard Kingman, Samuel Wong

Published on this site August 2001

Associated Financial Services

118 Broadway
Fargo
ND 58102
40 Exchange Place, New York, NY 10005

Not to be confused with the genuine: Associated Financial Services, Inc, 118 Broadway, Suite 504 (BLACK BLDG) PO Box 2163, FARGO ND 58102 USA Tel: +1-701-293-9434

Published on this site June 2008

Atlantic International Partners

01-03 Ocean Building
10 Collyer Quay
SINGAPORE 49315

Published on this site May 2005

Atlantis Mergers & Acquisition Group, Inc.

J P Morgan International Plaza
Suite 1500
14221 Dallas Parkaway
Dallas
Texas 75254
UNITED STATES OF AMERICA

Published on this site December 2005

B

Baros Corporation

2857 NW 78 Avenue
Miami
Florida
UNITED STATES OF AMERICA

Published on this site November 2004

Baxter Financial Group Inc

1040 Avenue of the Americas
24th Floor
New York
NY 10018
UNITED STATES OF AMERICA

Published on this site April 2004

Baycorp International Mergers & Acquisitions

9 Bei San Huan Dong Lu
Chao Yang District
Beijing 100029
CHINA

Published on this site August 2007

Beacon Capital Management

70 Kimberly Road
HONG KONG

(Beacon Capital Management, Hong Kong should not be confused with Beacon Capital Markets, LLC, UNITED STATES OF AMERICA or Beacon Capital Management Advisors, UNITED STATES OF AMERICA)

Published on this site October 2005

Beijing International Research Mergers and Acquisitions

3/F Building B
E-Wing Center
113 Zhichun Rd
Haidan District
Beijing 100086
CHINA

Published on this site June 2006

Bell International Asset Management

12020 Shamrock Plaza
Omaha, Nebraska 68154-3537
UNITED STATES OF AMERICA

Published on this site May 2005

Benson Dupont Capital Management Inc

14th Floor, Kamiya-cho Mori Bldg
4-3-20 Toranomon
Minato, Tokio
JAPAN

Published on this site August 2001

Benson Dupont

Level 23, CP Tower
313 Silom Road
Bangkok 10500
THAILAND

Associated individuals: Steve Wilson and Keith Nochman

Published on this site August 2000

Bentley Moore & Daines Sterling Strategies Group Limited

18 Avenue Louis-Casai
Geneva 28
1211
SWITZERLAND

Published on this site November 2003

Berchmans Lee Company Inc

1410 Herrera Tower
Herrera Street
Salcedo Village
Makati
Manila
PHILIPPINES

Associated individual: Chris Carter

Published on this site September 2000

Berger Aron Macey

Suite 2700, 1240 Peachtree Street NE
Atlanta, GA 30309
UNITED STATES OF AMERICA

Published on this site June 2007

Berkely Financial

Associated individual: Harry Dean

Published on this site November 2009

Bernard Kaplan

The Mercantile Exchange
30 South Wacker Drive, 22nd floor
Chicago, Illinois 60606
UNITED STATES OF AMERICA

Published on this site June 2007

Bernstein & Zeiglier

10 Anson Road
# 18-18 International Plaza
SINGAPORE 079903

Associated individual: Henry Thornton

Published on this site September 2002

Bion, McConnan & Associates LLB

141 757 West Hastings St
Suite 800
Vancouver B.C.
CANADA

Published on this site September 2002

BioMaxx Systems Inc.

Suite 1801
1 Yonge Street
Toronto
Ontario M5E 1WS
CANADA

Associated person: Ralph Bayer

Published on this site December 2007

Boston Global Finance Inc.

Paragon Towers
233 Needham Street, suite 300
Newton MA 02464
UNITED STATES OF AMERICA

Associated individual: Jessica Tyler

Published on this site July 2004

Bradford Kempner Investments Limited

Unit 1512, 15th Floor
Q-House Asoke Building
66 Sukhumvit 21 Road
Klongtoey Nua
Wattana
Bangkok 10110
THAILAND

Published on this site September 2001

Bradley, Chen & Associates

HONG KONG

Associated individual: David Lake

Published on this site July 2004

Bremer Finance Ltd

Howard Hughes Center
6601 Center Drive, Suite 500
Los Angeles, CA 90045
USA

Published on this site August 2007

Brooks Pearson Investment Limited

Wisma Danamon Aetna Life
19th Floor, Jalan Jondral Sudirtnan
Kauling 45-46
Jakarta 12930
INDONESIA

Published on this site July 2001

Brown & Company Trading Inc

JAPAN

Published on this site April 2007

Brown & Burke Securities

339, La Salle St
Chicago, IL 60605
UNITED STATES OF AMERICA

Published on this site May 2005

C

Can Am Acquisitions Inc

ABC Center
500 North Michigan Ave
Suite 300
Chicago Illinois 60611
UNITED STATES OF AMERICA

Published on this site March 2005

Capital Assets Limited

Taipei Metro Building
Suite D, 11/F
No. 207 Tun Hwa South Road, Sec.2
Taipei
TAIWAN

Associated individual: Robert Mason

Published on this site March 2001

Capital Growth Equities S.L.

Apartado de Correos 1057
29600, Malaga
SPAIN

Published on this site December 2003

Capital Management Group

340 South Main Street
New City
NY 10956
UNITED STATES OF AMERICA

Associated individual: Thomas White

Published on this site November 2004

Capital Transfer Consolidated

410 Park Avenue
New York, NY 10022
UNITED STATES OF AMERICA

Phone: + 1 212 359 1625
Fax: + 1 212 918 3467
website: www.capitalconsolidated.com
e-mail: info@capitalconsolidated.com

Associated individual: John Lewis

Published on this site March 2009

Capitol Transfer

1121 West Park Ave
Suite 100
Los Angeles
California 90021
UNITED STATES OF AMERICA

Phone: +1 206 338 2159

Fax: +1 323 421 9366
website: www.capitoltransfer.com
e-mail: capitol@capitoltransfer.com

Associated individuals: Frank Roth, William Johnson

Published on this site March 2009

Castlepeak and Sons, Ltd

Blue Ash 11427 Reed Hartman Highway
Cincinnati, OH 45241
UNITED STATES OF AMERICA

Published on this site November 2005

C & C Global Co., Limited

17th Floor UBC II Building
Soi Sukhumvit 33
Bangkok
THAILAND

Published on this site September 2001

Central Capital Inc

387 Ivy Street
San Francisco
California
UNITED STATES OF AMERICA

New Bright Building
11 Sheung Yuet Road
HONGKONG

Published on this site November 2002

Century Capital Switzerland Limited

5 St John's Lane
UK - ECIM4BH
Phone: +44 20 7549 1668
Fax: +44 20 7549 1669

Administrative Office
Vanderpool Plaza
Wickhams City 1
PO Box 873
Road Town
BVI

Public relations
15 East 57th Street
New York, NY 10022
UNITED STATES OF AMERICA
Phone: +1 646 452 4767
Fax: +1 646 356 6938

E-mail: info@centurycapitalltd.com
website: www.centurycapitalltd.com

Associated individuals: James Hayden, Garry Alexander, Michael Dundas

Published on this site November 2006 (updated September 2008)

Century Group M & A

12604 Pacific Street
Omaha - NE -68154
UNITED STATES OF AMERICA

Associated individual: Eric Cairns

Published on this site July 2004

Century Savings and Trust Ltd /Century Bancorp Limited (formerly)

188 Quay Street
Auckland 1010
New Zealand

Phone: (64) 9 363 2918
Email: info@cenbancorp.net
Website: www.cenbancorp.net/

Published on this site July 2012

Chabert Asset Management

Superior East Avenue
Suite 1300 Cleveland
Ohio 44114
UNITED STATES OF AMERICA

Published on this site November 2005

Chase Capital Inc.

405 Lexington Avenue
Chrysler Building
New York City
NY 10174
UNITED STATES OF AMERICA

Published on this site February 2007

Cheoy Lee Asset Management Asia

Hong Kong Office:
Level 25, 1 Garden Road - China Tower
HONG KONG

Belgium Office:
106 Avenue Louise
Brussels 1050
BELGIUM

U.S. Office:
225 Bush Street
San Francisco CA 94104
UNITED STATES OF AMERICA

Published on this site October 2005

Chicago Accounting

235 W Cermak Road
Chicago IL 60616
UNITED STATES OF AMERICA

Published on this site October 2005

Chicago Board of Acquisition Inc

5801 South Ellis Ave
Chicago
Illinois, 60637
UNITED STATES OF AMERICA

Published on this site January 2004

Citiexchange Group

Level 12 Hibiya Central Building
1-2-9 Nishi Shimbashi Minato-Ku
Tokyo, Japan

Associated individual: Angela Roberts

Published on this site June 2005

CitiFund Asset Management, Inc.

399 Park Avenue
8th Floor New York
New York
UNITED STATES OF AMERICA

This firm is not associated with any legitimate businesses conducted by Citigroup or Citibank, some of which have offices at 399 Park Avenue in New York.

Published on this site October 2007

Clanvale Securities S.A.

Edificio Torre America
Floor 3 Office 307
Avenida Venezeula
Bello Monte
Caracas
VENEZUELA

Edificio Paladium
Oficina 5F
4 Avenida 15-70 Zona 10
Guatemala City
GUATEMALA C.A. 01010

Associated individuals: Lance Ramsey, John Sparks, Charles Blundell

Published on this site November 2001 & March 2003

Clarkson Gordon Limited

Daliana Court
5 Chytron Street
2nd Floor, Office 21
1075 Nicosia
CYPRUS

Associated individuals: Bernard Owens, George Scott

Published on this site September 2003

Classic Consultants

5419 Hollywood Boulevard
Suite C-206
Los Angeles
CA 90027
UNITED STATES OF AMERICA

Associated individuals: Jack Quinn and Mark Johnson

Published on this site July 2005

Classic Gaming

415 North Camden Drive
Beverly Hills
CA 90210
UNITED STATES OF AMERICA

Associated individual: Andrew Kennedy

Published on this site July 2005

Clover Mergers & Acquisitions

United States Office
South 700 East, South Salt Lake
Salt Lake City
UT 84107
UNITED STATES OF AMERICA

Published on this site November 2006

Cohen Nesbit Group Limited

Level 19 Hong Leong Building
16 Raffles Quay
SINGAPORE

Published on this site September 2001

Colony Capital & Associates

20th Floor Marunouchi Building
2-4-1 Marunouchi
Chiyoda-ku
Tokyo 100-6332
JAPAN

Phone: +813 6688 7243
Fax: +813 4496 4202
E-mail: info@colonycapitalassoc.net
website: colonycapitalassoc.net

Associated individuals: Tom Clairmont (VIP Acquisitions Dept.), Kim Glodenberg (Authorised signatory)

Published on this site November 2007

Commodities Futures Trading Authority Ltd

237 Tenth Avenue
New York, NY 10018
USA

Email: info@cftaltd.com
Website: www.cftaltd.com

Associated individual: Christopher Lopez

Published on this site September 2011

Compass-Asset Management

SWITZERLAND

The Compass Asset Management listed here has stolen the identity of a legitimate firm in Switzerland. The legitimate Compass Asset Management can be contacted by phone +41 91 9603983 or by fax on +41 91 960 3979.

Published on this site April 2006

Comtrade Group Pty Ltd

48 Cavill Avenue
Surfers paradise
Queensland, 4217
AUSTRALIA

Phone: +61 300 216 143
Fax: + 61 300 216 537
E-mail: info@comtrade-group.com
website: www.comtrade-group.com

Associated individuals: Tony Davis, Matt Shannon

Published on this site January 2011

Consolidated Transfer Inc.

33 Hysan Avenue
HONG KONG

Published on this site May 2007

Concorde Pacific Management Inc.

Madrona Plaza Building
1305, 34th Avenue
Seattle, WA 98122
UNITED STATES OF AMERICA

Published on this site April 2007

Cooper Kline NYC

180 Malden Lane
New York
UNITED STATES OF AMERICA

Associated individuals:
Drew Richards E-mail: drew_richards@cooperklinenyc.com
Jonathan Smith E-mail: jonathan.smithcaptranfer@gmail.com

Published on this site August 2008

Continental Allied Incorporated

30 Queen's Road
HONG KONG

Published on this site April 2005

Corporate Mergers and Acquisitions Group

535 Madison Avenue
Suite 300
New York, NY10022
UNITED STATES OF AMERICA

Phone: +1 646 810 8666
Fax: +1 347 223 5234
E-mail: info@corporatemagroup.com

Published on this site October 2010

Crawford Peale

Unit 1609
16th Floor, Vaint 1 Building
1126/1 New Petchburi Road
Bangkok 10400
THAILAND

Published on this site September 2001

Crest Asset Management

21 Science Park
#06-07 The Aquarius
Singapore, 117628

Published on this site July 2008

Crest International Investment Inc

First West Building
200 First Avenue West Suite 400
Seattle
Washington 98119
UNITED STATES OF AMERICA

Published on this site February 2005

Crown Capital Corporation

6 Sheraton St
Soho
LONDON
UK W1F 8BH

Published on this site June 2006

D

Davis Goldberg Group

782 NW 42nd Avenue
Miami
FL 33135
UNITED STATES OF AMERICA

Associated individual: Mark Hughes

Published on this site May 2004

Dawson Turner

Two Penn Centre Plaza
Philadelphia, PA 19102-1706
UNITED STATES OF AMERICA

Published on this site February 2004

De Verre Lloyd & Co

15th Floor, Cerulean Tower
26-1 Sakuragaoka-cho
Shibuya-ku
Tokyo 150-8512
JAPAN

Associated individual: Ian Walsh

Published on this site July 2004

Deacons Lasalle

London
UNITED KINGDOM

Published on this site March 2007

Dearborn International

719 Griswold Street
Detroit
Michigan 48226
UNITED STATES OF AMERICA

Associated individual: Gerry Markham

Published on this site November 2004

Dempster Hampton Duke

26th floor
The Chrysler Building
405 Lexington Avenue
New York City
NY10174
UNITED STATES OF AMERICA

Published on this site October 2005

Department of Securities Trading

745 19^th Street Northwest, Washington, DC 20431
Phone: +1 202 600 4504
Fax: +1 202 403 3957
E-mail: robert.young@depst.us

Published on this site August 2012

Diligent Solutions

19 Hennessey Road
Wanchai
HONG KONG

Published on this site June 2006

Diversified Global Capital Group

2121 E. Pacific Coast Highway
Corona Del Mar, California
UNITED STATES OF AMERICA

Diversified Global Capital Group is fraudulently using the name and address of Diversified Global Capital Group, Inc. which is a legitimate corporation in United States of America.

Published on this site April 2007

Diversified Investments Group

Diversified Investments Group is fraudulently using the name of Diversified Investments Group Inc. which was a legitimate firm in United States of America. The legitimate Diversified Investments Group Inc. terminated registration on 2 October 2006.

Published on this site October 2007

DKM Global Management Inc

1 Lan Kwai Fong
HONG KONG

Published on this site November 2003

Donaldson and Turner

30N. La Salle Street, #2800A
Chicago, IL 60602-3349
USA

Tel: +1 312 957 6007
Fax: +1 312 275 7666
Email: info@donaldsonandturner.com
Website: www.donaldsonandturner.com

Published on this site May 2011

Douglas Baker & Co.

800-615 West Broadway Ave.
Vancouver, BC
CANADA

Associated individual: Richard Mason

Published on this site January 2004

Dragon Pacific Company Limited

17th Floor, One Pacific Place
140 Sukhumvit Road
Bangkok
THAILAND

Associated individual: Douglas King

Published on this site August 2000

Drake Asset Management

1991 Crocker Road
Cleveland, OH 44145
UNITED STATES OF AMERICA

Published on this site May 2005

Dreyfus Securities Limited

14/F Kamiya-cho Mori Building
4-3-20 Toranomon, Minato-ku
Tokyo 105-0001,
JAPAN

Amnuaydech Suite 048
22 Central Chidlom Tower
Polenchit Road, Lumpini
Pathumwan, Bangkok 10330
THAILAND

29/F One Canada Square
Canary Wharf, London
UNITED KINGDOM, E14 5DY

Associated individual: Steven Dixon

Published on this site July 2001

Dukes and Company Securities Corporation

Unit 1009
PSBank Tower
Senator Gil J
Puyat Avenue
Makati City 1220
PHILIPPINES

Constitution Drive
PO Box 332
Belmopan
BELIZE

Associated individuals: Michael Martin, Ben Smit

Published on this site September 2000

Dune Dawson Inc.

The Lincoln Building
305 Madison Ave, Suite 439
New York
UNITED STATES OF AMERICA

Associated Individual: Chad Robinson

Published on this site June 2005

E

E1 Asset Management, Inc.

44 Wall Street, 9th Floor
New York, NY 10005

Website: http://www.e1am.com/

Published on this site May 2013

Elders Cohen

Hills Plaza 1
345 Spear Street, Suite 138
San Francisco
California
CA94105
UNITED STATES OF AMERICA

Associated individuals: Steve Thomas, Michael Sands

Published on this site September 2003

Eli Solomon

580 Madison Avenue
New York City
New York 10022
UNITED STATES OF AMERICA

Associated individual: Andrew Forster

Published on this site November 2007

Eno Capital Ltd

Level 9 AIG Building
1-1-3 Marunouchi
Chiyoda-ku
Tokyo 100-0005
JAPAN

Published on this site October 2005

EquiAsia Group Limited

Level 28, Shinagawa Intercity Building, Tower A
2-15-1 Konan, Minato-Ku
Tokyo 108-6028
JAPAN

Phone: +813 6717 4321
Fax: +813 6717 4341
E-mail: tokyo@equiasiagroup.net, kualalumpur@equiasiagroup.net, shanghai@equiasiagroup.net
Website: www.equiasiagroup.net

Associated individuals: Stephen Bench, K Sharpe, W Harris, Charles Anthony, Richard Steller

Working in conjunction with Janco Lazard Transfer Company and Weiss Rifkin & Partners

Published on this site June 2008 (Updated November 2009 and May 2011)

Equinox Equities

19 Des Voeux Road
HONG KONG

Published on this site September 2005

Equiserve Trust Capital Market

423 Walpole Ter Canton
MA 02021
UNITED STATES OF AMERICA

Published on this site December 2005

European Private Equity Group

Grosse Bockenheimer 13
Suite 2160
60313 Frankfurt
Am Main
GERMANY

Published on this site September 2005

Evans and Stern Corporation

website: www.evansandstern.com
E-mail: info@evannsandstern.com

Associated Individual: Kevin Lomax

F

Factor Ten Financial

30th Floor, Central Plaza
18 Harbour Road
HONG KONG

Published on this site February 2006

Fairchild Roth Financial Inc

Gallery 4
12 Leadenhall Street
London EC3V 1LP
UNITED KINGDOM

Published on this site November 2003

Famex Financial

9/F Henan Building
17-19 Luard Road
Wanchai, CBD District
HONG KONG

Phone +852 3180 7888
Fax +852 3180 7899
Email info@famexfinancial.com
Website www.famexfinancial.com

Associated individual John White

This firm must not be confused with Famex Financial who have the same address and website but different phone and fax details. The legitimate Famex Financial can be contacted by phone +852 3180 7844 or by fax on +852 3180 7874.

Published on this site February 2010

Federal Equities Corporation

51 Madison Avenue
New York, NY 1001
UNITED STATES OF AMERICA

Phone: +1 646 360 1718
Email: info@federalequitiescorp.com
Website: www.federalequitiescorp.com

Associated individuals: James Fries, John Ognar

Published on this site June 2010

Financial Assets Corporation

30 Wall Street
Suite 1203
New York, NY 10005
UNITED STATES OF AMERICA

Published on this site October 2005

First Capital Securities Limited

P O Box 847
1 Capital Place
Georgetown
Grand Cayman
CAYMAN ISLANDS

Published on this site January 2004

First Colonial Management

17 Ensign House, Admirals Way
London E14 9XQ

Associate individual: Kent Daniels

Published on this site June 2005

First Financial Management

255 W 36th Street
New York, NY 10018-7798
USA

Phone: +1 646 351 1282
Fax: +1 646 961 4811
Email: info@firstfinancialmgmt.com
Website: www.firstfinancialmgmt.com

Associated individuals: Rob Jacob, John Lewis, Kris Reynolds, Ashley Waters

Published on this site September 2010

First Independent Capital Resources, Inc

Shiroyuma JT Movi Building
8-1 Toranoman 4 Chome
Minato-Ku, Tokyo 105
JAPAN

Published on this site September 2002

First Independent Resource Management Group Inc

4, V.S. Prospero
Milano
ITALY

Published on this site September 2001

First International Equity & Acquisition Inc

654 Madison Avenue
New York
NY 10021
UNITED STATES OF AMERICA

Published on this site April 2004

First International Equity Inc.

UNITED STATES OF AMERICA

Associated individual: James C. King

Published on this site March 2003

First National Financial Group Inc

Empire State Building
350 6th Avenue Suite 3304
New York
NY 10118
UNITED STATES OF AMERICA

46th Floor
140 Broadway
New York
NY 10005

Published on this site November 2003

First National Reliance Incorporated

300 5th Avenue
New York, NY 10001
UNITED STATES OF AMERICA

Tel: +1 212 542 9166
Email: legal@firstnationalreliance.com
Website: www.firstnationalreliance.com

Associated individuals: John Marshall Robert M. Pellecchia James Henry Johnson Doug Kramer

Published on this site: October 2010

Financial Marketing

35/F Central Plaza
18 Harbour Road
Wanchai
HONG KONG

Phone: +852 3051 9888/ 852 3973 3983
Fax: +852 3006 4252
Email: info@fusionfinancialmarketing.com
Web: www.fusionfinancialmarketing.com

First Standard Consolidated

326 Regent Street
London, UK W1B 3HH

Phone: +4419 2421 7168 / +4484 5130 8710
Fax: +4418 9280 0012 / +4419 2420 0581
Website: www.firststandardcsld.com
Email: info@firststandardcsld.com

Associated individuals: Ted Simms

Published on this site March 2010

Fisher Sterling International Limited

302 Hung Kei Mansion
5-8 Queen Victoria Street Central
HONG KONG

Associated individual: Dave Adams

Published on this site September 2001

Flagship Consolidated

663 King's Road
HONG KONG

Phone: +852 3693 1523
Fax: +852 3015 8912
E-mail: info@flagshipcsld.com
website: www.flagshipcsld.com

Associated individual: Jack Perez

Published on this site February 2009

Fleetwood Mergers and Acquisitions

2500 City West Blvd
Houston
TX 77042-3000
UNITED STATES OF AMERICA

Published on this site October 2006

Foreign Currency International

27 Sukhumvit Soi 20
Bangkok, 10110
THAILAND

Associated individual: Stephen Sharpe

Published on this site December 2000

Foreign Trade International

12th Floor
253 Sukhumvit Soi
21 Asoke Road
Bangkok 10110
THAILAND

Associated individuals: Ian Morris, Christian Webb, Michael Lumby, Alex Pagan, Dennis Askew.

Published on this site August 2001

FourWinds Trading Systems

Drake Chambers, Road Town
Tortola
PO Box 3321
BRITISH VIRGIN ISLANDS

Associated individual: Scott Mullens

Published on this site July 2004

Fund Investors Inc.

Fund Investors Inc.
10 King Street
White Plains
NY 10604
USA

Tel: + 1 914 214 5303
Fax: + 1 914 462 3783
Email: info@fundinvestorsincllc.com
Website: www.fundinvestorsincllc.com

Associated individual: Allan Gates.

Note: not to be confused with the genuine firm

Published on this site March 2011

Fusion Financial Marketing

35/F Central Plaza
18 Harbour Road
Wanchai
HONG KONG

Phone: +852 3051 9888/ 852 3973 3983
Fax: +852 3006 4252
Email: info@fusionfinancialmarketing.com
Web: www.fusionfinancialmarketing.com

FX Advisors East, LLC

200 Public Square Suite 2955
Cleveland
Ohio
UNITED STATES OF AMERICA

Published on this site August 2001

G

Gaylord & Finch

400 Broadway
Seattle
Washington
UNITED STATES OF AMERICA

Associated individual: Peter Williams

Published on this site September 2002

Gilt Edged Equities

Fax: +1 212 8133254

Associated individual: Jeffrey Muller

Not to be confused with the genuine firm and individual, Gilt-Edged Equities, LLC which has no retail customers.

Also associated with Gilt Edged Equities are:

Global Transfer Corporation
First Standard Consolidated
Hobdell and Williamson
Alpha REIT Advisors Co. Ltd

Published on this site March 2010

Glendale Settlements Incorporated

Motion Picture Association Building
888 16th Street NW
Suite 800
Washington DC 20006
UNITED STATES OF AMERICA

Associated individual: James Shea

Published on this site July 2005

Global Asset Advisors S.A.

(purportedly operating from Spain)

Associated individual: Marc Dannenberg

Published on this site April 2003

Global Capital Securities Corporation

538 Broad Hollow Road
Suite 315E
Melville
New York
UNITED STATES OF AMERICA

Associated individuals: Christopher Ferruzza, James Sparacino

Published on this site April 2001

Global Option Trading Co Limited

14th Floor
253 Sukhumvit Soy 21, Asoke Rd
Bangkok 10110
THAILAND

Associated individuals: Jamie Nettleship, Callum Hunt

Published on this site October 2001

Global Select Portfolio Corp.

Carson City, Nevada
UNITED STATES OF AMERICA
Phone: 702 430 1791,
in London - Amsterdam
Phone: +44 2081 441097
Fax:+44 208 0825839
E-mail: david.benson@globalspc.net
website: www.globalspcorp.com

Associated individual: David Benson

Published on this site November 2008

Global Transfer Corporation

66 Mody Road, Tsim Sha Tsui East
Kowloon, Hong Kong

Phone: +852 9046 2063
Fax: +852 3051 8205/8
Website: www.globaltransfercorp.com
Email: info@globaltransfercorp.com

Published on this site March 2010

Grand Capital Incorporated

250 West 57th Street,
New York,
New York 10107*
UNITED STATES OF AMERICA

Associated individual: Kelly Campbell

Grand Capital Incorporated is a fraudulent firm using the address of Grand Capital Corporation which is a legitimate corporation in United States of America.

Published on this site August 2006

Granite Consolidated

22 Queen's Road
Central
Hong Kong

Published on this site November 2007

Graves Stanley & Peabody Limited

(latest activities are thought to be based in Spain)

Associated individual: Richard Gaston

Greenfield & Mato

Koraku Mori Bldg 9F
1-4-14 Koraku
Bunkyo-Ku
TOKYO

Published on this site January 2007

Greater Advisory

Website: www.greateradvisory.com
E-mail: info@greateradvisory.com
Associated individuals: David Proctor, John Castro

Published on this site February 2010

Gresham Management Inc

207 South 79th Street
Suite 1006
New York
NY 10024
UNITED STATES OF AMERICA

Associated individuals: Edward Saunders, Martin Nelson, Cynthia Landsburg, Charles Hampton

Published on this site September 2001

Greystone Asset Management

120 Broadway, Suite 1744
New York, NY 10271
USA
Fax: 1 212 208 2496
Email: info@greystoneassetmanagement.com
Website: www.greystoneassetmanagement.com

Associated individuals: Roger O. Elmer, Daniel J Hayes

Not to be confused with the genuine firm which has no website:
Greystone Asset Management, LLC
780 Third Avenue, 43rd Floor
New York, NY 10017
USA
Telephone: 1 212-521-3817

Published on this site August 2009

Griffin Mergers and Acquisitions Office

8th Street and Nicollet Mall, Downtown
Minneapolis, MN 55402-8773
UNITED STATES OF AMERICA

Published on this site May 2007

Guaranty Consolidated

New York
UNITED STATES OF AMERICA

Published on this site July 2007

H

Halcyon Offshore Asset Management

13/C-E Millennium City 5
418 Kwun Tong Road
Hong Kong

Tel Local. 81757833
Tel. +61399980427

Contact: Kenneth Wong
Website: http://hoamhk.com/

Published on this site February 2013

Please note, this is not: Halcyon Offshore Asset Management LLC
https://www.halcyonllc.com/halcyon/web/me.get?web.home

Hamilton & Associates

Bahnhofstrasse
52 CH8001
Zurich
SWITZERLAND

Associated individuals: Alexander Woodbridge, David A Smith, Michael Kennedy

Published on this site October 2002

Hamilton Trading Limited

OBF Centre
Aratha Graha Bldg 6th Floor
JI Jend Sudiram Kav
52-53 Jakarta 12190
INDONESIA

Phone: +62 2152898454
Fax: +62 2152898456
E-mail: info@hamilton-trading.com
Website: www.hamilton-trading.com

Associated individuals: Brian Johnstone, Richmond Capital Management

Published on this site November 2008

Hanworth Weir Ltd

Penthouse Level, Suntec Tower Three
8 Temasek Boulevard
SINGAPORE

Published on this site 04 June 2004

Harbour Capital Management

600 California St,
15 Floor
San Francisco
CA 94108
UNITED STATES OF AMERICA

Published on this site August 2006

Harbor Light Securities Inc

1093 Deep Woods Drive
Marion, North Carolina 28752
UNITED STATES OF AMERICA

Phone: +1 828 527 0244
Fax: +1 877 426 8220
Email: info@harborlightsecinc.com
Website: www.harborlightsecinc.com

Associated individuals: Anita Baker, James Bradley, Dereck Hanson, Mark Mendoza

NOT TO BE CONFUSED WITH THE GENUINE COMPANY:

Harbor Light Securities LLC
1039 Deep Woods Drive
Marion, North Carolina 28752
UNITED STATES OF AMERICA
Phone: +1 828 442 2765

Published on this site September 2010

Harris Atlantic Management Inc

Suite 300-301 Paragon Towers
233 Needham, Newton MA 02464
UNITED STATES OF AMERICA

Published on this site March 2005

Harrison Lee Partners

2 Priestley Road
Basingstoke, Hampshire
ENGLAND RG24 9NP

82 Winglok Street
HONG KONG

Associated individuals: Charles McKenzie, UNITED STATES OF AMERICA West, Rock Group Co

Published on this site July 2004, March 2005

Hartford Capital Management, S.A

Panama
Calle Eusebio A. Morales
Suite 1 - A, # E1 Cangrejo
Ciudad De Panama
REPUBLICA DE PANAMA

Costa Rica
Edificio Ortencia Ler Piso
1 Caudra al Sur 200 Este de MacDonald's
Sabana Sur, San Jose,
COSTA RICA<

Published on this site December 2005

Heinz Hokkaido International

1585 Broadway
New York
NY 10016
UNITED STATES OF AMERICA
website: www.heinzhokkaido.net

Published on this site August 2008

Helvetica Trust & Fiduciary Group

Bahnhofstrasse 71
Surich 8001
SWITZERLAND

Associated individual: Gerald Mulrine

Published on this site September 2002

Heritage Financial Inc

103 Franklin Corner Road
Trenton
New Jersey 08648
UNITED STATES OF AMERICA

Published on this site March 2005

Heritage Mergers & Acquisitions

Kamiyacho Mt Building
14th Floor, 4-3-20 Toranomon
Minato-ku
Tokyo 105-0001
JAPAN

Published on this site February 2006

Hing and Foster Partners

30 Cecil Street
SINGAPORE 049712

Published on this site October 2005

Hobdell and Williamson

2496/2494 Sand Hill Road, Suite 132
Menlo Park, California 94025
UNITED STATES OF AMERICA

Phone: +1 650 963 5727 / +1 650-763-8061
Fax: +1 650 240 3913
Website: www.hobdellwilliamson.com
Email: info@hobdellwilliamson.com

Published on this site March 2010

Associated individuals: Peter Gallagher, Graham Archer

JR Hoffman & Associates

1 Place Ville Marie,
18th floor Montreal
Quebec, H3B 2E7
CANADA

Published on this site June 2008

Hoover Deplache Investments Inc.

1500 Euclid Avenue,
730 Cleveland
OH 4415
UNITED STATES OF AMERICA

Published on this site April 2006

Horizon Financial Management

11 Wilson Street
Woolwich, London
United Kingdom SE18 6 QQ

Phone: 4420 3455 5001
Fax: 4420 3355 4111
Website: www.horizonfinancialmgmt.com
Email: info@horizonfinancialmgmt.com

Associated individual: John Carter

Published on this site September 2011

Hudson International

Caracasbaaiweg 199
PO Box 6050
Curacao
Netherlands Antilles
WEST INDIES

Room 2207
22/F, II Lippo Centre
Central
HONG KONG

Associated individuals: Thomas Jenkins, Steven Billings, Jeffrey Kahn, Frank Edwards, Murray Skolsky.

Published on this site September 2000

HVC - Hypo Venture Capital

Uraniastrasse 40
Zurich, 8001
SWITZERLAND

Tel: + 41 350 016 736 / + 41 435 080 372
Fax: + 41 447 326 623
Email: info@hypovc.com
Web: www.hypovc.com

Associated individual: Charlotte Gruber

Published on this site March 2011

I

IB Capital FX(NZ) LLP

Ibcap Office,
Level 5,
22 The Terrace,
Wellington, 6011,
Website: www.ibcaptial.co

This entity was registered on the Financial Service Providers Register but has been de-registered as it did not have a place of business in New Zealand.

Published on this site November 2012

Interactive Taxation Consultants / Interactive Taxation Consultants Limited

New York Office
Samson Building Level 8-22G
501 Fifth Avenue
New York, NY 10017
UNITED STATES OF AMERICA

Phone: +1 212 359 1682
Fax: +1 212 954 5088
Website: www.taxationconsultants.com
Email: info@taxationconsultants.com
infor@interactivetaxationconsultants.com

Tokyo Office
AIG Building, Level 14 2-56
1-1-3 Maranuchi, Chiyoda-Ku
Tokyo 100-0005
JAPAN
Phone: +81 345 500 562, +81 345 500 502
Fax: +81 344 965 042

Associated individuals:Peter Miller, Michael Rosen

Published on this site April 2010

International Asset Management

CP Tower Level 23
313 Silom Road
Silom 10500
Bangkok
THAILAND

Associated individual: Richard Jennings

Published on this site February 2001

Innova Equity Corporation

18th Floor
Bund Centre
22 Yanan Road East
Shanghai
CHINA

Published on this site January 2004

Interglobal Mergers & Acquisitions Inc.

55 Park Plaza Drive
Daly City
San Francisco
California
UNITED STATES OF AMERICA

Associated individuals: Vanessa Stone, Gregory Handsfield

Published on this site March 2004

International Association of Transfer Agents

30 Wall Street
New York, New York 10005
UNITED STATES OF AMERICA

Published on this site June 2007

InterTrade Asset Management

1800 E 9th # 1400
Cleveland
Ohio 44114
UNITED STATES OF AMERICA

Associated individual: Maxwell Jones

Published on this site April 2004

ITB Limited

Level 2
Via Maistra 2
St. Moritz
SWITZERLAND

Published on this site December 2003

J

J P Moreau Limited

Level 14 Prudential Tower
30 Cecil Street
049712
SINGAPORE

Associated individuals: Lawrence Piper, Lily Chen

Published on this site May 2003

Jacobs & Kiplinger

Zurich World Trade Centre
Leutschenbachstrasse 95
8050 Zurich
SWITZERLAND

Published on this site May 2002

Janco Lazard Transfer Company

30 Rockefeller Plaza 57th Floor
New York, NY 10112-6300
USA

Tel: +1 202 389 7918
Email: info@jancolazardtransfer.com
Web: www.jancolazardtransfer.com

Associated individual: Michael Levine

Working in conjunction with Weiss Rifkin & Partners, and EquiAsia

Published on this site May 2011

Jefferson Clark Associates

PO Box 58389
Seattle,
Washington State,
98138-1386
USA

Published on this site June 2008

Johannson Linqvist Associates

Klarabergsviaduckten 70
Kungsbron 1 Box 70301
107 24 Stockholm
SWEDEN

Associated individuals: Albert Stuart, Gerald Montrose

Published on this site July 2005

K

Kearns Investments Inc

Level 9 AIG Building
1-1-3 Marunouchi Chiyoda-Ku
Tokyo 100-0005
JAPAN

Level 21 HSBC Tower
101 Yin Cheng East Road
Pudong
Shanghai 200120
CHINA

Level 36
Menara Citibank
165 Jalan Ampang
50450 Kuala Lumpur
MALAYSIA

Associated individuals: Michelle Von Wald, Cyrus Fahad, Tony Sacks and Michael Stuart.

Published on this site October 2001

Kempton Fitzgerald Limited

Empire House
175 Picadilly
Mayfair
London WIJ 9TB
UNITED KINGDOM

Published on this site November 2003

Kennedy Investments Limited

Edificio Centro Empresarial
Oficina 403 Torre II
5a Avenida 15-45 Zona 10
Guatemala City
GUATEMALA 01010

Published on this site June 2003

Kensington Group Inc

30th Floor, Shinjuku Park Tower
3-7-1 Nishi-shinjuku
Shinjuku
Tokio
JAPAN

The Kensington Group

23F M Thai Tower
All Seasons Place
87 Wireless Road
Phatumwan
Bangkok
THAILAND

18F, One International Finance Centre
1 Harbour View Street
Central
HONG KONG

Published on this site October 2000

Kimberly Capital Corporation

14 George Road
Glen Rock NJ 07452
UNITED STATES OF AMERICA

Associated individuals: Laurence Smith, Kamal Pateal Smith, Shamon Peris

Telephone: 201 839 9517
Fax: 201 604 7444
E-mail: contact@kimberlycapital.com
website: www.kimberlycapital.com

Kimberly Capital Corporation should not confused with the legitimate Kimberly Capital Corporation incorporated in the US. It has stolen the name and address of the genuine firm. The genuine Kimberly Capital Corporation does not have a website and has different phone and fax numbers.

Published on this site February 2009

KLM Investment Services Limited

25 Dowgate Hill
Cannon Bridge
London
UNITED KINGDOM

Associated individuals: Adam Lewis and Timothy Husk

Published on this site August 2001

Knobias Alliance Group

Kornhausstrasse 3
CH 9000 St. Gallen
SWITZERLAND

Associated individual: Jack Quinn

Published on this site January 2004

L

Liberty Assets Inc.

3306 South Liberty Street
New Orleans
LA 70115
UNITED STATES OF AMERICA

Associated individuals: Eli Green, George Franks, George Buckingham and Steven Givens

Published on this site 28 September 2004

Liberty Capital International Limited

PO Box W829
Corn Alley
St John's
ANTIGUA

Published on this site June 2001

Liberty First Advisory Services, S.A.

Paris, 101-107
08029 Barcelona
SPAIN

Associated individual: Randy Perry

Published on this site April 2004

Lincoln Partners M&A Inc.

415 Madison Avenue
New York City, New York
10017 UNITED STATES OF AMERICA

Published on this site June 2007

Limbaugh and York Associates

1200 McGill College Avenue
Suite 1105 Execu-Centre
Montreal, QC H3B 4G7
CANADA

Phone: +1 514 906 1732
Fax: +1 514 221 3865
E-mail: info@limbaughandyorkassociates.com
Website: www.limbaughandassociates.com

Published on this site October 2008

Livingston Asset Management

14 Ron
1204 Geneva
SWITZERLAND

Associated individuals: Ingo Janneau, Marc Philips, Aron Mozes, Jonathon Livingston, Charles Bond.

Published on this site June 2002

Lloyds TSB

Email: customer -service@lloydstsb.co.uk

Note: Only this particular Lloyds email address is identified as fraudulent.

Published on this site June 2008

Lombard Grand Incorporated

Level 21 Centennial Tower
3 Temasek Avenue
SINGAPORE 039190

Published on this site March 2004

Loyal Relations, Ltd.

1805 Wheelock House
20 Pedder Street,
Central, HONG KONG

Published on this site May 2007

Lloyds & Barclays Inc.

Suite 3304, Empire States Building
350 Fifth Avenue
New York 10118
UNITED STATES OF AMERICA

Associated individual: Sonny Danson

Published on this site 28 September 2004

Lynx Commodities

Asia House
31-33 Lime Street
London EC3M 7HT
UNITED KINGDOM

Associated individual: James Wright

Published on this site July 2005

Lynx Mackenzie Incorporated

415 Madison Avenue
New York, NY10017
USA

Website: www.lynxmackenzie.com

Published on this site January 2009

M

Macintosh & Sons Ltd

8 Hampshire Lane
3rd Floor
Salisbury
Wiltshire
SP2 7TU
UNITED KINGDOM

Associated individual: Edward D. Macintosh II

Published on this site October 2003

The Madison Group

23rd Floor
M.Thai Tower
All Seasons Place
87 Wireless Road
Phatumwan
Bangkok 10330
THAILAND

Associated individuals: Glen Bradshaw, Frank Harris, John Jacobsen

Published on this site September 2000

Magna Capital Research

702 Wheelok House
20 Pedder Street
Central Hong Kong
HONG KONG

Published on this site March 2006

Magnusson Edward

17/F Cheung Kong Center
2 Queen's Road Central
HONG KONG

Published on this site January 2006

Mane Capital Markets

Pasea Estate, Tortola
British Virgin Islands

Correspondent Office:
Bahnhofstrasse 52,
CH-8001 Zurich

Phone: +41 (0)44 214 67 91
Fax: +41 (0)44 214 65 19
E-mail: info@mcmbroker.com

Published on this site October 2012

Manhattan Pacific Group Limited

The World Trade Centre
Leutschenbachstrasse 95
Zurich 8050
SWITZERLAND

Associated individual: David Carlton

Published on this site March 2005

Manhattan Securities Corporation

166 Millbrook Circle
Norwood
NJ 07648
UNITED STATES OF AMERICA

Published on this site May 2006

Manning Capital, Inc

384 - 386 Greenwich Street
NY 10013
UNITED STATES OF AMERICA

Published on this site April 2008

Michael J Marrin

Attorney-at-Law
44 Court Street
Temple Bar Building
Suite 802
Brooklyn
New York
NY 11201
UNITED STATES OF AMERICA

Not to confused with Michael J Marrin, Attorney-at-Law, 65 Southard Avenue, Rockville Center, New NY 11570, United States of America.

Published on this site June 2008

Marlborough Acquisitions Inc

4600 South Ulster Street
Denver, Colorado 80237-2882
UNITED STATES OF AMERICA

Published on this site March 2001

Mason McHale Portfolio Management

19/F Hing Wai Building
36 Queen's Road
CENTRAL HONG KONG

Published on this site 04 June 2004

Master Bettman

548 8 Avenue
New York
UNITED STATES OF AMERICA

Level 25, Bank of China Tower
1 Garden Road
HONG KONG

Published on this site April 2007

Mayer Wegner Mergers & Acquisitions

Schwarzwaldstr, 88PLZ
Stadt: 60528
Frankfurt
GERMANY

Published on this site October 2005

Maxum Gold Bnk Limited/Maxum Gold Bnk Holdings Limited/Maxum Gold Bnk PCPT Limited

Associated Business Advisors Limited
1st Floor, 178 Hibiscus Coast Highway, Red Beach
Auckland, 0932 , New Zealand

Phone: +1-415-513-5330
Email: info@maxumgoldbnk.com
Website: maxumgoldbnk.com/first_1.html

Published on this site July 2012

Mercantile International Securities

100 Summer Street
Boston, MA 02110
UNITED STATES OF AMERICA

Associated individual: William Blair

Published on this site 17 August 2004

Merit Capital Group

38 Russell Street
28/Floor Soundwill Plaza
Causeway Bay
HONG KONG

Published on this site July 2003

Millennium Exchange

6919 Viejean Ave
Van Nuys
CA 914406
UNITED SATES

Published on this site May 2006

Millenium Financial Group

23rd Floor
Tower 1, The Enterprise Center
6766 Ayala Avenue
Makati City 1200
PHILIPPINES

Associated individuals: Richard Arrowsmith, Gary Artzt, G. Edward Buell, Ben Cattaneo, Nica Gelera, Ray Gordon, Jon Jones, Jon Lopresti, Matthew McAllister, George Mitchell, Lenny Mazzola, Joseph Paterno, Ken Sheffield, Romson Velez, and Robert Velis.

Published on this site March 2001

Miller Bosses Acquisitions Inc.

4100 Lyndale Av
Minneapolis
MN 55409
UNITED STATES OF AMERICA

Associated individual: Charles Davenport

Published on this site 28 September 2004

Monahan & Monahan Ltd

339 Florida Boulevard
Baton Rouge
Louisiana 70806
UNITED STATES OF AMERICA

Associated individual: Stephen P Monahan

Published on this site November 2004

Montgomery,Smith and Cooper

Phone: +1 212 710 1372
Fax: +1 718 725 8048

Published on this site August 2008

Morgan International Investment Group Inc

6, Circuit de la Foire Internationale
BP 2507, L-1025 Luxembourg
GRAND-DUCHE DE LUXEMBOURG

Associated individuals: Thomas Carpenter, Simon Richardson, Diane Rosenberg

Published on this site November 2001

Morgan Pacific

138 Silom Road
Boonmitr Building 10th Floor
Suriyawongse
Bangrak
Bankok 10500
THAILAND

Associated individual: Graham Thompson

Published on this site June 2001

Morgan Price Limited

Suite 2/83 Walker Street
North Sydney
NSW 2060
AUSTRALIA

Level 21, 201 Miller Street
North Sydney
NSW 2060
AUSTRALIA

Registered Office
Unit 81
6 Greenknowe Avenue
Elizabeth Bay
NSW 2011
AUSTRALIA

Associated individuals: Robbie Joseph, president, Douglas Pestano, director/secretary, Paul Cottingham Sohn, director.

Published on this site March 2003

Morrison Cross Financial Investments Limited

Ave. Manuel Espinosa Batista
International Business Center
Floor 11
PO Box 0833-0118
Panama
REPUBLIC OF PANAMA

Associated individuals: Kenneth Elliot, Max Peters

Published on this site June 2001

Muller and Sons Securities Management Inc

Unit 114 Prince Plaza 1
106 Legaspi Street
Legaspi Village
Makati City
PHILIPPINES

Associated individuals: Ben Smit, Michael Martin, Stephanie Victoire and Maurie Wise

Published on this site August 2000

Muller Schmidt Associates

1500 W Lake St
MN 55408
UNITED STATES OF AMERICA

Published on this site December 2005

N

Nakamoto International Group

Wakamatsu Building
3-3-6 Nihonbashi Hon-cho
Chuo-ku
TOKYO 103-0023

Published on this site June 2006

Nasdaq Brokercheck

Not to be confused with the genuine Nasdaq Stock Exchange (www.nasdaq.com)

Published on this site June 2008

Nationwide Mergers & Acquisitions Inc

3178 Johnson Ferry Road Northeast
Atlanta, GA 30303
UNITED STATES OF AMERICA

Published on this site February 2005

New Alliance Securities Inc.

1370 3rd Avenue
New York, NY
UNITED STATES OF AMERICA

Tel: + 1 646 360 1715
Fax: + 1 646 224 9826
Email: info@newalliancesecurities.com

Associated individual: Jose Luis Barria

Published on this site April 2011

New York Income Partners II LLC

34445 Winton Place
Rochester NY 14623
UNITED STATES OF AMERICA

Phone: +1 866 365 0718/ +1 585 492 8900
Fax: +1 202 262 1105
E-mail: info@nyipartners.com

Not to be confused with the genuine New York Income Partners II, LLC

Published on this site January 2010

Newmann Hamshire GmbH

21^st Floor Mainzer Landstrasse 47
60329 Frankfurt am Main
GERMANY

Published on this site November 2005

New Market Corporation

Yurakucho 2-7-1
Chiyoda-Ku
Tokyo
JAPAN

Website: www.newmarketcorp.com
Email: info@newmarketcorp.com
Phone: +813 4580 2171
Fax: +813 4580 2197

Associated individual: Dave Chavez

Published on this site April 2010

Newport Pacific Securities & Management Inc

Unit 404
Greenbelt Mansion
106 Pera Street
Legaspi Village
Makati
Manila
PHILIPPINES

Associated individuals: Jack Miller, Thomas Massino, Johnny Morgan, Peter Lynch and Ron James

Published on this site October 2000

New Zealand International Savings and Loans Ltd

Level 3, Office 24
60 Cook Street
Auckland 1010, New Zealand

Email: admin@nzisl.com
Phone: (64) 9 973 5882
Website: nzisl.com/

Published on this site July 2012

Noble International Consulting Inc

PO Box 330
Ste 505
123 Queen Street
Toronto
Ontario M5H 2M9
CANADA

Published on this site August 2005

Northpoint Portfolio Management Ltd (see also earlier listing below)

Chong Hing Finance Centre
Level 12
Nanjing West Road
2003 Shanghai
CHINA

Phone: +86 138 1655 0144
Email: clientservices@northppm.com
Website: www.northpmm.com

Associated individuals: Eric Demitrios, Richard Forsyth

Published on this site October 2010

North Point Asset Management Ltd

North Point Investment Management
Chonghing Finance Center
Level 12, 288 Nanjing XI Road
Huangpu district 200003
Shanghai,
CHINA

Phone: +86 138 165 501 44
Fax: +86 216 163 8213
Website: www.northpointassetmanagement.com

Associated individual: Chris Johnson

Published on this site August 2009

Norwich Capital Mutual Funds Limited

Valero Towers, Penthouse D
122 Valero Street
Salcedo Village
Makati City
PHILIPPINES

Associated individual: Chris Jones

Published on this site August 2001

Norwich International Trading Inc

W910 West Tower
Philippine Stock Exchange Centre
Exchange Road
Oritgas Centre
Pasig City
Metro Manila
PHILIPPINES

Associated individuals: Kathleen Edward and Kevin Walker

Published on this site November 2001

NT Financial Services

808 Broadway, #1
New York, NY 10003
UNITED STATES OF AMERICA

Tel: +1 212 247 1798
Fax: + 1 212 937 3669
Email: info@ntfinancialservices.net
Website: www.ntfinancialservices.net

Associated individuals: Alyson White

Published on this site October 2010

Nuventis Corporate Services Group

18F Bund Center
222 Yunan Road East,
Shanghai 2000002
CHINA

Published on this site December 2005

O

Oakmont Financial Mergers

130 Bellevue Avenue
Newport, RI 02840
UNITED STATES OF AMERICA

Published on this site February 2005

Oasis Capital Inc.

542 Mt. Pleasant Road, Suite 105
Toronto, Ontario
CANADA M4S 2M7

Associated individuals: Timothy (Ted) E Manning, Judith M Switzer, James K de Roux

Published on this site November 2003

Ocean Blue Distribution Limited

380 Bloor St. W.
Toronto
Ontario
M7J-3M5
CANADA

Associated individuals: Cindy Tan and William W. Baynes

Published on this site July 2003

Onyx Acquisitions

London
ENGLAND

Published on this site February 2006

Oppenheimer International

No. 4 Royal Mint Court
London EC3N 4HJ
ENGLAND

Associated individuals: Jess Bunting, Carsten Straber, Patrick Seagraves

Published on this site May 2003

Oppenheimer Securities Inc.

1150 Silverado Street
La Jolla
California
UNITED STATES OF AMERICA

Published on this site May 2007

Overseas Management Group Inc.

1054-356 Centre Street
Toronto, Ontario
Canada

Associated individual: Ricardo Martins

Published on this site June 2005

Oxley Mergers and Acquisitions

717 Texas Avenue
Houston
TX 77002-2761
UNITED STATES OF AMERICA

P

Palladium Cathay Intermediaries

1266 Nanjing West Road, Shanghai
200040
CHINA

Published on this site April 2008

Pan Euro Financial SA

10, Cours de Rive
CP3237 - CH1211
Geneva
SWITZERLAND

Associated individuals: Steven Evans, Allen Kaplan, David Mills, Mike Nyberg

Published on this site September 2003

Paradigm Resources, Ltd

Mansell
4555 Mansell Road
Suite 625
Atlanta
GA 30022
UNITED STATES OF AMERICA

Published on this site December 2005

Parker & Cramer Asset Management Inc

First West Building
200 First Avenue West Suite 400
Seattle
Washington 98119
UNITED STATES OF AMERICA

Published on this site February 2005

Pacific Rim Wealth Management

16 Westlands Road
HONG KONG

Tel: 852 9573 7972
Fax: 852 3050 9026
Email: info@pacificrimwealthmgmt.com
Website: www.pacificrimwealthmgmt.com
Associated Individuals: Judy Abbot, Ben Allan, Alan Jones, Tony Ortiz

Published on this site June 2009

Park Equity Ventures

78 York Street
London
United Kingdom

Tel: +4420 3026 3883
Fax: + 4420 3014 9560
Email: info@parkequityventures.com
Website: www.parkequityventures.com

David Graham - associated individual
Dr. Michael Bennett - associated individual
Charles Davis - associated individual
Ted James - associated individual
George Nelson - associated individual

Published on this site December 2010

Parker Jennings

2117 Buffalo Road
Rochester
New York 14624
UNITED STATES OF AMERICA

Published on this site December 2002

PCA Management

24 De Castro
Road Town
Tortola
BRITISH VIRGIN ISLANDS

Published on this site December 2005

Pembridge Group

Suite 2903
29/F, Tower 1
Admiralty Centre
HONG KONG

Associated individual: Justin Wentworth

Published on this site August 2001

Perpetual Trading Group

1650 S. Dixie Highway Suite 100
Boca Raton
Florida 33432
U.S.A

Published on this site November 2004

Pfeiffer Galland

Plaza Mashill Level 21
Jalan Jendral Sudirman Kav 25
Jakarta
INDONESIA

Published on this site October 2002

Pinnacle Global Corporation

77 Lai Kwai Fong
HONG KONG

Published on this site in November 2005

Pinnacle Group LLC

1400 N. Dallas Parkway
Suite 1200
Dallas, Texas 75240
UNITED STATES OF AMERICA

Published on this site in March 2006

Plutus Private Equity LLC

1 Mystic View Road, Boston MA 02149
Phone: (617) 517 3046
Fax: (617) 249 0766
E-mail: s.williams@plutuspe.com

Published on this site August 2012

Powell McDougall

Harcourt Centre
Harcourt Road
Dublin 2
REPUBLIC OF IRELAND

Published on this site March 2004

Preferred Global Partners

Theaterstrasse 14
Zurich 8001
SWITZERLAND

Associated individual: Steven Marx

Published on this site March 2005

Preferred Performance Group, Company Limited

Richmond Building
75 Sukhumvit Soi 26
Bangkok
THAILAND

Published on this site November 2001

The Prestige Group Ltd

National Newark Building
744 Broad Street
18th Floor
Newark, NJ 07102
UNITED STATES OF AMERICA

Published on this site April 2007

The Prestige Perspective

1 Harbour Road
Wanchai
HONG KONG

Published on this site October 2005

Premier eFinance

Central Centre
99 Queens Road
Hong Kong SAR

Tel: + 852 8197 2553
Fax: + 852 3015 6867
Email: info@premier-efinance.com
Website: www.premier-efinance.com

Associated individual: Susan Crawford

Published on this site March 2011

Price & Partners Consultants

5-7C Duke Wellington House
14-21 Wellington Street, Central District
Hong Kong

Tel: + 852 3 6786714 / + 852 3 1750956
Email: b.scott@priceandpartnersconsultants.com
legal@priceandpartnersconsultants.com
Website: www.priceandpartnersconsultants.com

Associated individual: Brian Scott

Published on this site April 2011

Prime Capital Advisors

Nicolau Pentadromos Center
25 Ayias Zonis Street
Suite 1100 Limassol
CYPRUS

Associated individual: Wendell Martin

Published on this site November 2004

Primesolutions Securities Inc

The Primesolutions Securities Inc. listed has stolen the identity of a legitimate firm in the United States. The legitimate Primesolutions Securities Inc. can be contacted by phone +1 440 230 0400 or by fax on +1 440 230 9956.

Published on this site August 2007

Pro Capital Asset Management

25 Aphrodite Street
PO Box 26025
166 Nicosia
CYPRUS

Associated individual: Scott Meadows

Published on this site December 2007

Profidex Ltd

Levels 9-11, AIG Building
1-1-3 Marunouchi
Chiyoda-Ku
Tokyo 100-0005
JAPAN

Published on this site April 2006

Q

Quantum Capital Corporation

Hardturmstrasse 101
Zurich, CH, 8005
SWITZERLAND

Published on this site November 2005

Quantum Global Equities Inc.

19th St NW
Washington, District of Columbia 20036
USA

Tel: + 1 202 3910 955
Email: info@quantumglobalequitiesinc.com

Associated individual: James Forbes

Published on this site March 2011

R

Radius Resources

95 South Street
New York, NY 10038
UNITED STATES OF AMERICA

Published on this site May 2007

Regal Group International

35/F Central Plaza
18 Harbour Road
HONG KONG SAR

Phone: +852 3175 0983
Fax: +852 3678 6713
Email: info@regalgroupinternational.com
Website: www.regalgroupinternational.com

Reliance Asset Management Ltd

Suite 308
3F Toyota Bldg, 3-11 Minami-Semba 4-chome
Chuo-ku, Osaka 542-0081
JAPAN

Phone: +816 4560 4003
Fax: +816 7635 4846
Email: peter.francis@reliance-am.com/ inquire@reliance-am.com
Website: www.reliance-am.com

Associated individual: Peter Francis III, Brian Lee, Richard McDaniel

Published on this site May 2011

Remington Consultancy Limited

1245 Pleasant View Boulevard
Scottsdale Arizona 85261
UNITED STATES OF AMERICA

Associated individuals: Richard Remington, George Mason, John Richmonds

Published on this site September 2001

Richard Watson Associates

4021 27th Street, 2nd Floor
Long Island City
New York 11101
UNITED STATES OF AMERICA

Published on this site November 2003

Richardson Resources Inc.

Carl-Zeiss-Str. 14-18
65520 Bad Camberg
GERMANY

81 Pedder Street
HONG KONG

Associated individual: William Ford

Published on this site 17 August 2004

Richmond Capital Management

21/F Seoul Finance Centre
Taepyeongno 1-ga
Jung-gu, Seoul, Korea 100-768

Phone: +82 70 7894 5584
Fax: +82 2 3782 4820
E-mail: info@richmondconsultancy.com
Website: www.richmondconsultancy.com

Not to be confused with the genuine:

Richmond Capital Management, Inc. 10800 Midlothian Turnpike, Suite 217, Richmond, VA USA 23235, Tel: (804) 379-8280, Fax: (804) 379-9362

Associated individuals: Hamilton Trading Limited

Published on this site June 2008, updated November 2008

RJL International Ltd

625 Mt. Auburn Street
Cambridge, MA 02138
UNITED STATES OF AMERICA

Associated individuals: Vincent Gentile, Mike Eastwood, Jerry Bell

Published on this site 15 April 2004

Rosenberg Smith & Partners

2000 Steeles Avenue West, Suite 200
Concord
Ontario
CANADA

Associated individuals: Norman Rosenberg and Morry Nosak

Published on this site July 2004

Rosenthal International

1370 Broadway
New York
NY 10018
UNITED STATES OF AMERICA

Associated individuals: Jonathon Nagle and Michael Ryder

Published on this site 17 August 2004

Royal Acquisitions Inc

96 West Park Place
Newark
Delaware 19711
UNITED STATES OF AMERICA

Associated individuals: Associated individuals: Anthony Hutchins, Eric Collins

Published on this site 28 September 2004

Rutherford Acquisitions

7400 Metro Blvd
Minneapolis
Minnesota MN 55439
UNITED STATES OF AMERICA

Published on this site December 2002

S

Safeguard Equity Group

88 Queensway, Central
HONG KONG

Phone: +852 9573 7990
Fax: +852 3016 6330
E-mail: info@safeguardequity.com
Website: www.safeguardequity.com

Associated individuals: Julia Lopez, Steve Edwards, Laura Bates

Published on this site November 2008

Salem Asset Management

1501 Frederica Street, Duluth
Minnesota 42101
UNITED STATES OF AMERICA

Associated individual: David Pearson
Published on this site 17 August 2004

Scudder, Stevens & Clark

60 St. Mary Ave
London
EC3A 8JQ
UNITED KINGDOM

Published on this site September 2003

Schwartz Leiberman Associates

PO Box 16425
Seattle
Washington, 97271
United States of America

Tel: + 1 206 350 4019 / + 1 206 202 6202
Fax: + 1 206 299 9239 / + 1 206 339 4812
Email: info@schwartzleiberman.com
Website: www.schwartzleiberman.com

Associated individual: John Campbell

Posted on this site November 2010

Seago South

One Harbour Place
1901 S Harbor City Blvd
Melbourne, FL 32901
UNITED STATES OF AMERICA

Associated individuals: John Joust and Stephen J. Seago

Published on this site November 2007

Shanghai M&A International

3501 Citic Square
1168 Nanjing Xi Lu
Shanghai 200041
CHINA

Published on this site April 2006

Shin Kong Wedbush

6F, No.6, Sec.4, Xinyi Rd
Taipei
TAIWAN

Phone: + 886 2 8758 2905
Fax: + 886 2 6602 1275
Email: info@shinkongwedbush.com
Web: www.shinkongwedbush.com

Published on this site October 2010

Sherman Brothers

Unit 1911, 19th Floor
One Pacific Place
140 Sukhumvit Road
Klongtoey District
Bangkok 10110
THAILAND

Published on this site September 2001

Schiller Gates Incorporated

1695 Broadway
New York, NY 10018 - 5009
UNITED STATES OF AMERICA

Tel: +1 646 912 6185
Fax: + 1 646 861 4847
Email: admin@schiller-gates.com
Website: www.schiller-gates.com

Associated individuals: Andrew Steve Johnson John Marshall

Published on this site October 2010

Sigama Capital Management

14th Floor, Kamiya-cho Mori Bldg
4-3-20 Toranomon
Minato, Tokio
JAPAN

Sigama Capital Management

Level 18
One International Finance Centre
1 Harbour View Street
Central
HONG KONG

Level 14/1401
One Pacific Place
140 Sukhumvit Road
Bangkok
THAILAND

Associated individuals: David Burgess and Anne Davies

Published on this site August 2000

Silverstone Management S.L.

Avda, Diagonal 618
Planta 9
0821
Barcelona
SPAIN

Associated individual: Matthew Thompson

Published on this site July 2005

Simmons, Blake & Fritch

27 Floor Jefferson Towers
9823 Hover Street
Maverick Avenue
St Paul, Minnesota
UNITED STATES OF AMERICA

Associated individuals: Jennifer Stone, Kate Jones, Timothy Croft

Published on this site September 2001

Simon Eastwood Asset Management

15/5 Cerulean Tower
26-1 Sakuragaoka-cho
Shibuya-ku, Tokyo 150 8512

US Office
3330 Cumberland Blvd.,
Atlanta, GA 30339

China Office
989 Changle Road
Shanghai 200031

Published on this site October 2005

Simpson Venture Limited

ABC Centre, 500 North Michigan Ave.
300, Chicago
UNITED STATES OF AMERICA

Associated individual: Jason Edwards

Published on this site July 2005

Sino Intermediaries

Level 37
Taipei 101 Tower
7 Xinyi Road
Section 5
110 Taipei
TAIWAN

Published on this site May 2006

Smith & Henderson Associates Inc

Level 21, HSBC Tower
101 Yin Cheng East Road
Pudong
Shanghai
CHINA

Serrano 240 5th Floor
28016 Madrid
SPAIN

Published on this site November 2001

Smith Davidson Group Inc

4-2880 queen St. East
Suite 304
Brampton
ON L6S 6H4
CANADA

Published on this site February 2006

Smith Klein Venture Limited

3705 Bank of America Tower
Suite 582
12 Harcourt Road
HONG KONG

Associated individual: Castor Hill

Published on this site June 2005

South East Asia Trading

12th Floor
253 Soi Sukhumvit
21 Asoke Road
Bangkok 10110
THAILAND

Associated individuals: Jamie Nettleship, Andrew Hewit, Michelle Tetreaut.

Published on this site August 2001

Spartan Capital Management

412 Park Avenue, 18th Floor
New York, NY 10022
USA

Phone: +1 646 861 7887
Fax: +1 646 224 4890
Email: info@spartancam.com
Website: www.spartancam.com

Stamford - Financial

Level 14, Hibiyo Central Building
1-2-9 Nishi Shimbashi
Minoto-ku
Tokyo
JAPAN

Published on this site November 2002

Standard United Corporation

8 Harbour Road
Wanchai
HONG KONG

Phone: +852 9575 4213
Fax: +852 3015 9768
E:mail info@standardunited.com
website: www.standardunited.com
Associated individuals: Isabel Green, Ray Chavez

Published on this site August 2008

Sterling Capital Corp.

23rd Floor, 6750 Ayala Ave
Makati City, Metro Manila
1226 THE PHILIPPINES

Associated individuals: Steven Thompson, John Davis, Michael Cayhill, Jane Alexander

Published on this site November 2001

Sumitomo Financial Corporation

1-8-3 Marunouchi
Chiyoda-Ku
Tokyo 1006601
Japan.
Tel 81 345 888 710. www.sumifincorp.com

Not to be confused with the legitimate entity Sumitomo Mitsui Banking Corporation and Sumitomo Mitsui Financial Group, Inc (http://www.smfg.co.jp/english/)

Sun International Mergers & Acquisitions

1661 International Drive
Memphis
TN 38120-1431
UNITED STATES OF AMERICA

Published on this site February 2006

Swiss Asia Commodities Securities

Bahnhofstrasse 63
Zurich
Schweiz 8001

Phone: +41 44 586 2832
Fax: +41 44 732 6268

Contact: John Cooper

Email addresses:
charles.hampton@sacsecurities.org
clients@sacsecurities.org

Website: http://sacsecurities.org/

Published on this site February 2013

Please note, this is not: SAC Capital http://sacsecurities.org/

Swiss Financial Corp Limited

412, Lake Road, Takapuna 0622
Auckland 0744, New Zealand

Email: aukland@swissfincorp.com
Website: swissfincorp.com/index.html

Published on this site July 2012

T

Taylor Atlantic Ltd

Level 4
Tower 2
Petronas Twin Towers
Kuala Lumpur 50088
MALAYSIA

Associated individual: John Sinclair

Published on this site June 2001

Tech-Link International Ltd

Shinjuku Park Tower N30
Nishishinjuku 3-7-1
Shinjuju-ku
Tokyo
JAPAN 163-030

Associated individual: Frank Vacarro

Published on this site April 2004

Thomas Reiss & Partners

Dahnstr. 4, T7 OC, D-13403
Berlin
GERMANY

Published on this site February 2006

Titan Capital Corporation

Published on this site April 2008

Tradex Corporation

Unit 811-813 Tower 1
Junefield Plaza No.6 Xuanwumenwai Street
Xuanwu District
Beijing
CHINA

Published on this site February 2007

Transglobal Consultants Limited

Pacific Place Two Building Suite 1707
17th Floor, 142 Sukhumvit Road, Klongtoey
Bangkok 10110
THAILAND

Associated individuals: Paul Jenson, Josh Kaytor, Daniel Bailey, Robert Ellis and Jeremy Blake.

Published on this site August 2000

Trans-National Securities and Trust SA

Birmensdorferstrasse 140,
CH-8003
Zurich
SWITZERLAND

Associated individual: John Montana

Published on this site December 2000

Trendoks IMG (NZ) LLC and Trendoks Limited

41 Shortland Street
AXA Center
Auckland 1010
New Zealand

Phone: (64)9 363 9606
Email: http://www.trendoks.com/en/fsp-registration

Published on this site July 2012

Trident International

Suite 2207
88 Corporate Centre
141 Valero Street
Salcedo Village
Makati
Manila
PHILIPPINES

Associated individual : Richard Bell

Published on this site October 2000

Trillion Private Wealth Limited

Level 3
Office 24
60 Cook Street
Auckland

Published on this site July 2012

Turner Goodman Group

1650 Madison Avenue, 7th Floor
New York 11002-311
UNITED STATES OF AMERICA

Associated individual: Jeremy Collins

Published on this site 17 August 2004

Tzu, Waite & Associates

105 Cecil Street
06-01 The Octagon
SINGAPORE 069534

9 Raffles Place
27-01 Republic Place
SINGAPORE 048619

Associated individuals: Jonathan Charles Waite, Jenny Su

Published on this site September 2003

U

Union Transfer Inc.

469 7th Avenue
New York, NY 10018
UNITED STATES OF AMERICA

Phone: 1 212 401 6220
Fax: 1 206 600 6553
Email: info@uniontransferinc.com
Website: www.uniontransferinc.com

Associated individual: Thomas Dickson

Published on this site August 2009

United Capital Management Inc

1680 Ramon Magsaysay Centre
Roxas Boulevard
Manila
PHILIPPINES

Associated individual : Richard Austin

Published on this site October 2009

United Capital Partners

21F Marajo Tower,
312, 26th Street, Corner 4th Avenue
Fort Bonifacio Global City
Manila
PHILIPPINES

Phone: 632 856 1543 ext 570
Fax: 632 856 7220
Email: info@unitedcapital-partners.com
Web: www.unitedcapital-partners.com

Associated individual: Richard G Burden email: richard@unitedcapital-partners.com

Published on this site October 2010

US Department of the Treasury

1500 Pennsylvania Avenue, NW
Washington DC, 20220
UNITED STATES OF AMERICA

Email: treasgov@consultant.com
Telephone: +1 646 395 1749
Fax: +1 646 786 4658

Associated person: Monique Wilson

Published on this site March 2011

Note: Not to be confused with the genuine US Department of the Treasury. The e-mail address, treasgov@consultant.com, and phone and fax numbers shown are fraudulent and have been established to deceive investors.

US Stock Transfers Bureau

101 Federal Street
Boston, MA
UNITED STATES OF AMERICA

Email: compliance@ustb.us, info@ustb.us
Telephone: +1 617 517 0339
Fax: +1 617 249 1763

Associated person: Alan Schindler

Published on this site February 2001

Universal Consolidated

55 Wall Street
New York, NY 10005
UNITED STATES OF AMERICA

Phone: +1 212 401 6180
Fax: +1 212 401 6181
Email: info@universalcsld.com
Website: www.universalcsld.com

Associated individuals: Nicole Valdez, Cain Martin, Chris March, Olivia Rios, William Waldon

Published on this site June 2010

US - Internal Revenue Service

1220 S.W. Third Avenue
Portland
Oregon 97204
USA

Toll Free Hotline Number: + 1 8888 298 244
Email: usirs.gov@revenue.com

Associated individual: David Frank

Note: the above entity is an impersonation of the genuine US Internal Revenue Service

Published on this site December 2010

US International Bureau For Trading

1101 30th Street, NW Suite 500
Washington, DC 20007
USA

Tel:+1 2024704047
Investor helpline:+1 2024704047
E-mail: info@usibtrading.org
Website: http://www.usibtrading.org

Note: US International Bureau For Trading website is an impersonation of the New Zealand Financial Markets Authority (FMA) website
Please note that this is a fake regulator and has no connection to New Zealand FMA.

Published on this site on 21 November 2011

V

Vantage Global Partners

Aikawa Building
25 B 7th Floor
Nishishinjuku
Shinjuku-ku
6-5-1
Tokyo
JAPAN

Phone: +81 345 884 017
Fax: +81 345 884 020
Email: clientservices@vantageglobalpartners.com, info@vantageglobalpartners.com
Website: www.vantageglobalpartners.com

James Martins - associated individual
Michael Klein - associated individual
Peter Louw - associated individual

Published on this site September 2010

Vantage International Management Group Inc

Times Square Building
12th Floor, Unit 12-04B
246 Sukhumvit Road
Klongtoey
Bangkok 10110
THAILAND

Published on this site September 2001

VantagePro Asset Management

Level 7, Wakamatsu Building
3-3-6 Nihonbashi-Honcho, Chuo-Ku
Tokyo 103-0023
JAPAN

Tel: +81 3 6202 2913
Fax: +81 3 6202 2912
Associated individual: Richard Weller
Website: www.vantagepro.jp
Email: richard.weller@vantagepro.jp

Published on this site February 2010

VIP World Asset Management Co

Shirlaw House
Shirley Street
P O Box SS-19084
Nassau
THE BAHAMAS

Associated individual: Joseph Santeramo

Published on this site October 2000

Vision Continental Consultants Limited ("VCC")

Level 28 Al Habtoor Business Tower
Dubai Marina, Dubai
UNITED ARAB EMIRATES

Published on this site December 2012

Vision Continental services Limited

Level 41, Emirates Towers
Sheikh Zayed Road, Dubai
UNITED ARAB EMIRATES
P.O. Box 31303

Telephone numbers:
New Zealand: 0800 452 911
US & Canada: + 1 800 982 0680
Worldwide: + 1 800 982 0680

E-mail addresses:
sales@vccmarkets.com
info@vccmarkets.com
compliance@vccmarkets.com
alex.fuller@vccmarkets.com
james.farrington@vccmarkets.com

Website: http://www.vccmarkets.com/

Published on this site December 2012

Vista International Services Limited

14 Jelicich Court, Henderson
Waitakere, 0612, New Zealand

Phone: (64) 918 0394
Email: cs@vista-services.org
Website: www.vistaservices.org/

Published on this site July 2012

W

Warren and Baker

Otemachi First Square East Tower 4F
1 - 5 - 1 Otemachi
Chiyoda-ku
Tokyo 100-0004
JAPAN

Associated individuals: Frank Raul, William H. Warren, James Rayburn

Published on this site October 2003

Webster Acquisitions

29th floor
One Canada Square
Canary Wharf
LONDON E14 5DY

Associated individual: Stephen Larson

Published on this site November 2004

Weiss Rifkin & Partners

710 West 14th Street
Austin, TX78701
USA

Tel: +1 512 696 1547
Fax: +1 512 532 6552

Website: www.weissrifkinpartners.com
Email: info@weissrifkinpartners.com

Associated individuals: Mark Hamilton, Michael Fox

Working in conjunction with Janco Lazard Transfer Company and EquiAsia

Published on this site May 2011

West Golden Capital

Level 14 & 15, Prudential Tower
30 Cecil Street
Singapore 049712
Fax: +65 6491 5143
Email: support@westgoldencapital.com
Website: www.westgoldencapital.com

Associated individuals: Ronald Nicholson, Shaun Vincent, Brian O'Connor and Lourens Waller

Published on this site March 2010

The West Group

Glockengieberwall 17
Hamburg
GERMANY 20095

Associated individual: Doug Mason

Published on this site March 2005

West Pac Inc.

Published on this site November 2006

Westernfield Holdings Inc.

Shinjuku Park Tower S 20/F
3-7-1 Nishi-Shinjuku
Shinjuku-ku Tokyo 163-1035
JAPAN
Phone + 81-345209532
Fax + 81-344966474
Email info@western-field.com
Website www.western-field.com

Associated individuals: Alex Barclay, Anthony Barling

Published on this site February 2010

Western Equities Corporation

Manhattan Business Centre, 15th Floor
410 Park Avenue
New York NY10022
USA

Tel: + 1 646 360 1663
Fax: + 1 914 462 3791
Email: infodesk@westernequitiescorp.com
Website: www.westernequitiescorp.com

Associated individual: Kenneth Logan

Published on this site March 2010

Westgate Capital Management

UNITED STATES OF AMERICA

The Westgate Capital Management listed here has stolen the identity of a legitimate firm in the United States. The legitimate Westgate Capital Management is located at One Blue Plaza, 11th floor, Pearl River, NY 10965. They can be contacted on the phone at +1 845 620 1818 or by fax +1 845 620 6868.

Published on this site April 2008

Whitby Dumas

130 Cromwell Street
LONDON SW5 OBW

Published on this site 04 June 2004

Whitman Lloyds and Associates Mergers and Acquisitions

70 West Madison Street
Chicago
IL 60602-4270
UNITED STATES OF AMERICA

Published on this site March 2006

Whitman Wright & Associates

1886 Steeles Avenue west, Suite 201 Concord
Ontario
CANADA L4K 3E9

Published on this site 04 June 2004

The Williams Group

29 Harley Street
London W1G 9QR

Associated individual: William Edwards

Published on this site November 2004

Worldwide Investors Management Inc

Suites 303 and 305
Valero Plaza
124 Valero Street
Salcedo Village
Makati
Manila
PHILIPPINES

Associated individuals: Chase Trek, Ramiro Yabut, Christian Dupont, Richard Austin, Nathan Logan, Amador Pastrana, Toby Forster and Peter Lawson.

Published on this site October 2000

Worldwide Service Inc.

322-2906 West Broadway Avenue
Vancouver, British Columbia
CANADA

Associated individual: Jeffery Diamond

Published on this site July 2004

X

The Xenon Group

979 King's Road
Island East
HONG KONG-2761

Published on this site August 2006

Y

Younger & Hausmann Private Equity

105 Cecil Street
# 106 - 01 The Octagon
SINGAPORE 069534

Published on this site February 2005

Youngson International Holdings Limited

45/F 1 Exchange Square
8 Connaught Place
HONG KONG

Published on this site July 2005

Z

Zeus Enterprises

86 Queens Road
Central
HONG KONG

Published on this site November 2005

Status of Investigations into Failed Finance Companies (Non-Bank Deposit Takers)

2013-05-06T15:28:32+13:00

Current at 9 April 2013

Continuing FMA investigations
	Company	Event	Date of event	Current status of investigation
1.	Allied Nationwide Finance	Receivership	August 2010	Continuing
2.	Equitable Mortgages	Receivership	November 2010	Continuing
3.	LDC Finance	Receivership	September 2007	Continuing
4.	Mutual Finance	Receivership	July 2010	Continuing
5.	OPI Pacific Finance (formerly MFS Pacific Finance)	Moratorium	March 2008	Continuing
6.	South Canterbury Finance	Receivership	August 2010	FMA inquiry into civil proceedings. FMA supporting SFO criminal proceedings filed December 2011.
7.	St Laurence	Moratorium	June 2008	Continuing
8.	Strategic Finance (including Strategic Nominees)	Moratorium	August 2008	Investigation concluded February 2013. FMA has notified directors to provide them with an opportunity to respond.
9.	Viaduct Capital	Receivership	May 2010	Continuing

FMA Proceedings Commenced
	Company	Event	Date of event	Current status of investigation
1.	Belgrave	Receivership	May 2008	Charges laid awaiting trial, one guilty plea, one stay, trial 29 April 2013.
2.	Bridgecorp	Receivership	July 2007	Charges laid, two guilty pleas, three guilty verdicts, all sentenced, one under appeal
3.	Bridgecorp Investments	Liquidation	July 2007	Charges laid, two guilty pleas, three guilty verdicts, all sentenced, one under appeal
4.	Capital & Merchant	Liquidation	November 2007	Charges laid - five guilty pleas all sentenced. s59A charges remain.
5.	Dominion Finance	Receivership	September 2008	Charges laid, awaiting trial
6.	Five Star Consumer Finance	Receivership	August 2007	Charges laid - three guilty pleas; two defendants sentenced, one defendant to be sentenced.
7.	Five Star Finance	Receivership	September 2007	Charges laid - three guilty pleas; two defendants sentenced, one defendant to be sentenced.
8.	Hanover Capital	Moratorium	July 2008	Civil proceedings filed March 2012
9.	Hanover Finance	Moratorium	July 2008	Civil proceedings filed March 2012
10.	Lombard Finance	Receivership	April 2008	Charges laid, all guilty verdicts sentenced, appeal March 2013. Awaiting appeal judgment.
11.	Nathans Finance	Receivership	August 2007	Charges laid (one guilty plea, all remaining defendants found guilty and sentenced. Sentences upheld on appeal)
12.	National Finance	Receivership	May 2006	Charges laid, two guilty pleas, one guilty verdict, three sentenced, one under appeal.
13.	North South Finance	Moratorium	December 2008	Charges laid, awaiting trial
14.	South Canterbury Finance	Receivership	August 2010	FMA supports charges laid by SFO December 2011, trial February 2014.
15.	United Finance	Moratorium	July 2008	Civil proceedings filed March 2012

Referred to another regulator, concluded with another enforcement option or closed
	Company	Event	Date of event	Current status of investigation
1.	Antares	Liquidation	May 2008	Referred to other regulator *#
2.	Provincial Finance	Receivership	May 2006	Referred to other regulator *
3.	Western Bay Finance	Receivership	August 2006	Referred to other regulator *
4.	Finance & Investments	Receivership	September 2007	Concluded (enforceable undertakings) ##
5.	Beneficial Finance	Moratorium	October 2007	Closed ##
6.	Capital & Merchant Investments	Receivership	November 2007	Closed ##
7.	Chancery Finance	Liquidation	November 2008	Closed ##
8.	Compass Capital	Receivership	June 2009	Closed ##
9.	Cymbis/Fairview	Receivership	May 2008	Closed ##
10	Dorchester Finance	Moratorium	June 2008	Closed ##
11.	Numeria Finance	Receivership	December 2007	Closed ##
12.	Orange Finance	Moratorium	August 2008	Closed ##
13.	Aorangi Securities (including Hubbard Management Funds)	Complaint	June 2010	Referred to other regulator**
14.	Rockforte Finance	Receivership	May 2010	Referred to other regulator**##
15.	Waipawa Finance	Liquidation	August 2008	Referred to other regulator** (charges laid - guilty plea and sentenced)
16.	QED	Liquidation	March 2008	Referred to other regulator* (charges laid - sentenced)
17.	Fendal Finance	Complaint	March 2009	Referred to other regulator* (charges laid - guilty plea)
18.	Clegg & Co	Receivership	October 2007	Referred to other regulator* (charges laid - guilty plea and sentenced)
19.	All Purpose Finance (trading as St Kilda)	Receivership	November 2008	Closed##
20.	Direct Property St Laurence Investments (No.6) (part of St Laurence Group)	Moratorium	June 2008	Closed##
21.	Finance & Leasing	Receivership	January 2011	Closed##
22.	Geneva Finance	Moratorium	October 2007	Closed##
23.	Mascot Finance	Receivership	March 2009	Closed##
24.	Strata Finance	Receivership	April 2009	Closed##
25.	Kiwi Finance	Receivership	April 2008	Completed December 2011, with repayment of investors.
26.	Boston Finance	Moratorium	March 2008	Closed October 2012 ##
27.	Structured Finance (NZ)	Moratorium	May 2009	Closed October 2012 ##
28.	Vision Securities	Receivership	April 2010	Closed October 2012 ##
29.	Propertyfinance Securities	Receivership	August 2007	Closed October 2012 ##

*	National Enforcement Unit of the Ministry of Economic Development
**	Serious Fraud Office
#	Relates to Five Star prosecution
##	On the basis of information we currently have FMA will continue to include these issuers within its general surveillance. Our decision can and will be reviewed, and our investigation be reopened, if new information comes to light.

Manager, Litigation

2013-05-06T09:32:20+13:00

Manager Litigation

We are a fast paced, dynamic agency focused on promoting fair, efficient and transparent financial markets. FMA regulates the conduct of the financial markets industry in New Zealand.

Reporting to the Head of Enforcement, this is an integral leadership role carrying responsibility for the litigation activities of FMA within the Enforcement Team.

Located in either Wellington or Auckland this person will manage a team of solicitors and support staff in both Auckland and Wellington.

You will need proven experience leading a large and complex team, as well as having a strong track record in litigation and in-depth knowledge in banking and finance and financial markets regulation.

We are seeking a dynamic leader who has drive, enthusiasm and passion with an empowering and engaging management style.

This is an excellent opportunity to join FMA at a crucial time where we are building progressive, dynamic, and results-orientated teams who are dedicated to the financial success of New Zealand.

Key accountabilities for this role include:

•   Management of the litigation function to ensure that FMA's litigation activities achieve the FMA's objectives
•   Provision of well-reasoned, forward-thinking advice relating to the strategic management of FMA’s litigation function
•   Delivering clear, accurate and effective advice and recommendations to the Head of Enforcement, Chief Executive and FMA Board on litigation and enforcement matters and policy
•   Working closely with the investigation team and other functional areas to ensure FMA has a coordinated and joined-up (whole of organisation) approach to enforcement
•   Ensuring the Litigation team has clear direction and knowledge of what is expected of them and why
•   Actively engaging with key stakeholders, internal and external, reflecting FMA’s role in New Zealand’s financial markets

Key attributes include:

•   Tertiary qualification in law
•   Current practising certificate (or entitlement to one)
•   Senior-level litigation experience
•   In-depth knowledge of laws and regulations relevant to the financial sector
•   Good working knowledge of enforcement strategies, processes and policies
•   Experience in leading and managing a team and providing clear guidance and supervision
•   Ability to engender and work in an open, supportive and motivated environment

PLEASE NOTE: You must be eligible to work and live in New Zealand to apply.

To apply for this position, please email your CV and covering letter outlining your suitability to careers@fma.govt.nz by 5pm 6 May 2013.

No agencies initially please.

Senior Solicitor

2013-05-02T10:32:25+13:00

Senior Solicitor

Financial Markets Authority (FMA) is looking for a Senior Solicitor to join their Legal Team in their Auckland office on a 12 month fixed term contract.

FMA is a dynamic organisation with teams operating across both Auckland and Wellington offices. At FMA your presence is valued, your opinion is heard and what you do counts. Our objectives are to promote and facilitate the development of fair, efficient, and transparent financial markets, and to build investor confidence.

We are an Independent Crown Entity established under the Financial Markets Authority Act 2011. FMA enforces securities, financial reporting, and company law as they apply to financial services and securities markets. We also regulate securities exchanges, financial advisers, brokers, auditors, trustees and issuers, including issuers of KiwiSaver and superannuation schemes.

The Legal Team is responsible for providing legal advice and expertise to the legal / board secretariat function of FMA. The team is accountable for:

• Provision of corporate legal advice and compliance assurance.

• Provision of corporate governance and secretariat functions for Board and its Committees and Divisions, the Financial Adviser’s Code Committee and the Financial Adviser’s Disciplinary Committee.

• Managing OIA and Privacy activities.

• Internal audit and risk identification and management.

• Provision of in-house specialist legal advice on securities law.

• Development, review and delivery of FMA corporate policies and processes.

Capability Requirements for this role are:

• Tertiary qualification in law

• Current practicing certificate

• At least 10 years post admission experience in commercial law

• Expert knowledge of laws and regulations relevant to the financial sector, such as financial markets/securities laws

• Strong analytical, critical thinking and reasoning skills.

• Strong self management skills

• Excellent written and oral communication skills.

• Well-developed planning and organising skills, including the ability to maintain performance when under pressure, and consistently deliver on time and to a good standard. FMA is a dynamic, energetic organisation. We are looking for a positive, supportive team player with the ability to quickly adapt and manage a diverse workload of daily operations and projects and to meet a broad range of business priorities. Enthusiasm and initiative are essential.

PLEASE NOTE: You MUST be eligible to work and live in New Zealand to apply for this position.

To apply for this position, please email your CV and covering letter outlining your suitability to careers@fma.govt.nz by Friday 17 May 2013.

No agencies initially please.

Guidance Notes

2013-05-01T16:30:17+13:00

A full list of all guidance notes.

FMA marks two-year milestone

2013-05-01T11:24:21+13:00

FMA marks two-year milestone

Craig Foss

1 May, 2013

Commerce Minister Craig Foss has congratulated the Financial Markets Authority (FMA) on two years of operation.

“The FMA was established by the Government in 2011 with a clear mandate to be a visible and proactive enforcement agency operating in the financial sector while facilitating the development of fair, efficient, and transparent financial markets,” says Mr Foss.

“Following a spate of financial company failures, the FMA has worked to rebuild investor confidence and use its powers to pursue misconduct in the financial markets. The FMA is also working with the financial markets community to help them understand their legal obligations.

Mr Foss says establishing the FMA was one of the initiatives in the Government’s Business Growth Agency to build stronger capital markets.

“The Business Growth Agenda Building Capital Markets report outlines the Government’s initiatives to ensure investors are better informed and offered better protections.

“The rules are being made clearer and those who break the rules will be held to account as the government continues to progress financial markets reform. The Financial Markets Conduct Bill is the next essential piece of legislation to help restore confidence in the sector and grow our capital markets,” says Mr Foss.

For more information about the FMA, visit www.fma.govt.nz

Monitoring and Surveillance

2013-04-30T14:43:46+13:00

Monitoring and Surveillance Issuers

FMA monitors that issuers are compliant with their obligations. See FMA's overall compliance focus for 2013.

FMA's focus areas for 2013

FMA is concerned about a lack of focus on obligations to investors by some issuers and their directors. Areas of particular concern are the inadequate handling and disclosure of conflicts of interest and disclosure of business changes. We will focus on these issues as part of our review of prospectuses and offer documents during 2013. We will also focus on those issuers currently offering securities where we are aware that they are experiencing trading or financing difficulties.

Some issuers are subject to oversight by securities trustees and statutory supervisors, who must report to FMA if they believe an issuer has breached, or may breach, a disclosure requirement. The report must indicate what action the trustee and supervisor intends to take and FMA may also act on these reports.

Our Effective Disclosure guidance highlights the need for product transparency from the perspective of a prudent but non-expert reader. As part of our 2013 work program, we will monitor how issuers adapt to our guidance.

Property related investments may seem attractive in the current economic environment, but may be higher risk than they seem. We will consider the transparency of investment structure and risks, and will also issue guidance for proportionate property ownership schemes. We will monitor scheme compliance with the disclosure requirements following the expiry of previous exemptions.

Financial reporting - focus for 2013

Non-GAAP financial information can be useful for investors, but has the potential to be misleading. We will monitor how issuers adapt to our guidance on disclosing such information.

We will undertake themed reviews of other financial reporting, including a focus on hybrid instruments. See more information on our 2013 financial reports focus here.

Financial Markets Authority AFA Update: Issue # 10

2013-04-29T16:55:27+13:00

Financial Markets Authority AFA Update: Issue # 10

Are you currently providing Discretionary Investment Management Services (DIMS)?

FMA is in the process of conducting a thematic monitoring project focused on AFAs who are licensed to provide Discretionary Investment Management Services. There are currently around 1,300 AFAs licensed to provide these.

The purpose of the project is to:

• Get confirmation from AFAs licensed to provide Discretionary Investment Management Services that they are currently providing this service to clients.

• Monitor a selection of AFAs who are licensed to provide Discretionary Investment Management Services in order to:

ascertain if the AFA is currently providing Discretionary Investment Management Services to clients
identify how these services are being provided
identify any potential compliance issues that may be common across AFAs
provide specific monitoring feedback to individual AFAs that have been visited by FMA.

Our monitoring approaches range from reviewing the AFA’s Adviser Business Statement (ABS), to telephone interviews and monitoring visits.

A report on our findings and guidance on DIMS will be published in April.

AFA Monitoring for October to December 2012

As signalled last year, the focus and intensity of FMA’s monitoring work continues as we approach the end of our second year of operation under the Financial Advisers Act 2008. Our overarching focus is on raising standards of good conduct, ethics and integrity amongst market participants. Where activities have been subject to regulation for some time, we have higher expectations that participants will operate above the bare minimum required, and that senior management will sponsor a culture of integrity and good conduct.

As part of FMA’s ongoing monitoring of AFAs, we review AFA’s compliance with the conduct obligations set out in the Financial Advisers Act 2008.

Of particular relevance this quarter are sections 33 and 34 of the Financial Advisers Act 2008:

All financial advisers must exercise care, diligence and skill
All financial advisers must not engage in misleading or deceptive conduct

View a copy of our latest monitoring report here.

Giving KiwiSaver advice

FMA has just launched a consumer brochure to help advisers explain to New Zealanders the different types of services they may receive when investing in KiwiSaver schemes or considering changing between schemes or funds. The brochure can also help advisers explain their services to their clients.

The brochure describes the three different types of services:

• No advice – provision of information only - no advice is provided;
• Class Advice – advice on what is usually suitable for people in a group or class; and
• Personalised Advice –advice tailored to the client’s personal circumstances.

Many advisers only offer one KiwiSaver scheme. The brochure encourages customers to find out if their adviser is able to advise on only one scheme, or can compare schemes.

Understanding the service they receive is a key step to helping customers make informed decisions about their money.

The brochure responds to feedback received during consultation on FMA’s Guidance Note: Sale and Distribution of KiwiSaver and from our AFA Survey. We now expect all distributors to have taken account of the Guidance Note in their distribution practice and will review distributors approach to the guidance in our monitoring and surveillance work.

We invite you to download a copy of our new brochure here. Or, if you would like to receive some printed copies, please contact our Customer Service team on 0800 434 566.

FMA’s Compliance Focus for 2013

In February we released our compliance focus for 2013, outlining FMA’s priority areas for monitoring and surveillance over the coming year.

Our document outlines the four major themes which will influence our priorities for 2013. They are: building customer trust; raising standards in existing regimes; embedding new regimes; and KiwiSaver, as well as our overall regulatory approach.

AFAs will find raising standards in existing regimes of particular relevance. FMA’s overarching focus is on raising the standards of good conduct, ethics and integrity, and we expect that where activities have been subject to regulation for some time, participants will operate above the bare minimum required and that senior management will help foster a culture of integrity and good conduct.

We will also be placing significant emphasis on supporting participants and investors throughout the reconstruction of Christchurch.

A copy of FMA’s Compliance Focus for 2013 can be viewed here. If you would like a printed and bound copy please contact Danette Hunter at FMA on danette.hunter@fma.govt.nz.

Securities Markets Act (Fonterra Co-operative Group Limited Supply Offer)

2013-04-29T16:30:57+13:00

Securities Markets Act (Fonterra Co-operative Group Limited Supply Offer) Exemption Notice 2013

Guidelines and Codes of Practice

2013-04-29T14:25:44+13:00

Guidance on who needs to comply, how to comply and FMA’s expectations, including the Guide for small financial adviser businesses.

The Anti-Money Laundering and Countering Finance of Terrorism supervisors will issue guidelines and, where appropriate, codes of practice that set out how a reporting entity can meet its regulatory obligations.

Below is the current list of guidelines.

Identity Verification Code of Practice

This code of practice provides a suggested best practice for all reporting entities conducting name and date of birth identity verification on customers (that are natural persons) they have assessed to be low to medium risk.

Read the Identity Verification Code of Practice

Risk Assessment Guideline

This guideline is designed to help reporting entities conduct a risk assessment, as required under section 58 of the Anti-Money Laundering and Countering Financing of Terrorism Act 2009.

Read the Risk Assessment Guideline

Ordinary Course of Business Guideline

This guideline is designed to help clarify the meaning of the phrase "in the ordinary course of business" in the definition of financial institution in the Anti-Money Laundering and Countering Financing of Terrorism Act 2009.

Read the Ordinary Course of Business Guideline

AML/CFT Programme Guideline

This guideline is designed to help reporting entities develop their AML/CFT programme.

Read the AML/CFT Programme Guideline

Guide for small financial adviser businesses

A guide to help financial advisers working independently or in a small business comply with their obligations under the AML/CFT Act.

Read the Guide for small financial adviser businesses.

Designated Business Group - Scope Guideline

This guideline is designed to assist reporting entities to understand which obligations may be shared by members of a designated business group (DBG).

Read the Designated Business Group - Scope Guideline.

Designated Business Group - Formation Guideline

This guideline is designed to help reporting entities forming a DBG understand the process for doing so.

Read the Designated Business Group - Formation Guideline.

Countries Assessment Guideline

This guideline is designed to help reporting entities decide when they will have to assess aspects of another country's regulatory environment and how they could do it.

Read the Countries Assessment Guideline.

Guideline: Issuers of securities and participants in issues

This guideline is for businesses registered on the Financial Services Providers Register (FSPR) as an issuer of securities or who participate in issues of securities.

Read the Guideline: Issuers of securities and participants in issues.

Guideline for audits of risk assessments and AML/CFT programmes

This guideline is designed to help reporting entities manage the requirement to audit their AML/CFT risk assessment and AML/CFT programme.

FMA will use the Audit Report as a supervisory tool. We believe that it will give us a good insight into the AML/CFT compliance regime of a reporting entity and be an effective way of helping us to supervise reporting entities. If the Audit report does not provide us with sufficient assurance that a reporting entity's AML/CFT regime is robust and effective, we may adopt a more vigorous supervisory approach to give us assurance that the reporting entity's AML/CFT regime is up to the required standards.

Read the Guideline for audits of risk assessments and AML/CFT programmes.

Guideline: Territorial scope of the Anti-Money Laundering and Countering Financing of Terrorism Act 2009

This guideline is designed to help financial institutions understand the territorial scope of the Anti-Money Laundering and Countering Financing of Terrorism Act 2009.

Read the Guideline: Territorial scope of the Anti-Money Laundering and Countering Financing of Terrorism Act 2009.

Beneficial Ownership Guideline

This guideline and associated fact sheets are to assist reporting entities to conduct customer due diligence of the beneficial owner of their customers. The fact sheets should be read in conjunction with the beneficial ownership guideline.

Read the Beneficial Ownership Guideline.

Read the Clubs and societies fact sheet
Read the Co-operatives fact sheet
Read the Partnerships fact sheet
Read the Companies fact sheet
Read the Trusts fact sheet

Ross Asset Management Investigation

2013-04-29T14:06:45+13:00

Ross Asset Management Investigation

25 March 2013

A hearing took place in the Wellington High Court today, before Justice Kós, in relation to the asset preservation orders which FMA has obtained over the assets of David Ross, Ross Asset Management and related entities.

The parties have agreed that now the liquidators (Messrs Fisk and Bridgeman) have been appointed over the Ross companies, the receiver is no longer required. Although orders were sought to remove Mr Fisk and Mr Bridgman as receivers over the Ross related companies, they will both remain as liquidators over these companies. All other aspects of the asset preservation orders remain in place, including the freeze over assets.

The receivers will shortly file their final receivers' report with the Court.

Information regarding the liquidations can be found on PWC's website.

While the liquidation process continues, there is no immediate need for a future Court date and Justice Kós has agreed to adjourn the matter until further notice. FMA or the named defendants can request a hearing if required, on five working days' notice.

The investigation being conducted by FMA and SFO is on-going and Mr Ross is continuing to co-operate with inquiries.

FMA will issue a questionnaire to all investors seeking further information, relevant to the investigations and asks that all investors complete this questionnaire to assist with the on-going investigation.

Last update 21 December 2012

Yesterday, PwC released its first liquidators report. A copy of this can be found here on PwC's website.

Background Information

17 December 2012

The Court ordered the liquidation of four of the Ross Group entities today:

Ross Asset Management Limited (RAM)

Bevis Marks Corporation Limited

Mercury Asset Management Limited

McIntosh Asset Management Limited

Remuneration rates for John Fisk and David Bridgman as appointed liquidators, were also approved by the Court. FMA supported the liquidation applications and the appointment of the liquidators.

The liquidators intend to release their first report on 21 December 2012 and this will be posted on PwC's website and sent out to investors who have provided their contact details to PwC.

11 December 2012

On 3 December 2012 PwC, the Receivers and Managers of the Ross Group, submitted liquidation applications to the High Court for a number of the companies currently in receivership. A High Court hearing date for the liquidation applications has now been set for Monday, 17 December 2012.

Last Friday, a memorandum was filed by the parties, requesting the Court hearing scheduled for this morning regarding the asset preservation orders be adjourned until early 2013, after the first hearing of the liquidation applications. That will allow FMA to update the Court then on the outcome of those liquidation applications. The Court agreed to the adjournment and the asset preservation orders will continue and will now be heard on 4 February 2013.

6 December 2012

FMA's investigation into David Ross and Ross Asset Management and related entities (in Receivership) is continuing and is being co-ordinated with SFO's investigation.

FMA is investigating possible breaches of financial markets legislation. To date, we have received some information from investors and we have requested further information from the Receivers, PwC, which is relevant to our investigation.

We will shortly be writing to all investors to ask for more specific information about their investments with Ross Asset Management. It is important that investors assist FMA in its inquiries. The investigation into Ross Asset Management is large and complex and will take time to complete.

FMA and SFO will continue to work together to ensure the investigation is progressed as quickly as possible.

In the meantime, if any investor invested with Ross Asset Management on the recommendation of an Authorised Financial Adviser, or on the recommendation of a lawyer or accountant, we would be grateful if they could provide details to us. We ask that they contact FMA on http://www.fma.govt.nz/about-us/contact-us.

Any inquiries with respect to FMA's investigation should be directed to http://www.fma.govt.nz/about-us/contact-us.

Background:
Following the receipt of complaints from investors, on 25 October FMA commenced an investigation into the affairs of David Ross, Ross Asset Management Limited and related entities (the "Ross Entities") and specifically, compliance with the Financial Advisers Act 2008. As a result of information obtained by FMA on 2 and 6 November, FMA obtained court orders freezing the assets of the Ross Entities and appointing a receiver over the Ross Entities in order to preserve assets for investors while the investigation continues. The Receivers activities, including the proposed liquidation are focused on identifying and preserving assets.

3 December 2012

PwC, the Receivers and Managers of the Ross Group, today submitted liquidation applications to the High Court of New Zealand for a number of the companies currently in receivership. A High Court hearing date of Monday, 17 December 2012 has been allocated.

This is consistent with PwC's Report and Memorandum of Counsel submitted and presented to the High Court of New Zealand for review (respectively on 15 November and 23 November 2012).

Today, FMA provided Bruce Tichbon, representative of the RAM Investor Group, with an update. A copy of that letter can be found here.

26 November 2012

The Financial Markets Authority has today provided the High Court in Wellington with an update on progress on Ross Asset Management Limited and related entities (in Receivership).

The Court was advised by FMA and PwC that they consider liquidation of some of the companies to be the next step. An application to put some of the companies in liquidation will be made shortly. It is likely that this will be made by PwC. The application will be publicly notified and investors will be able to be heard during the liquidation process. Receivership over Mr Ross, his trusts and other related entities and freezing orders continue to be in place.

PwC's inquiries are continuing. Further information about this can be found here.

All parties are aware of the importance of managing these next steps in a cost effective way. FMA has today responded to concerns raised by Bruce Tichbon for the RAM investor group. A copy of the letter can be found here.

The matter will be called before the Court again on 10 December so that FMA can provide a further update.

FMA's investigation continues.

5:00pm, 22 November 2012

FMA and the Receivers attended a meeting with David Ross and his lawyer today.
Mr Ross cooperated throughout and responded to enquiries made by the Receiver.

Mr Ross has confirmed that he will cooperate fully with FMA and SFO's investigation.
FMA will now liaise with Mr Ross' lawyer to make arrangements on proposed next steps.

2:00pm, 22 November 2012

Today Receivers PwC will issue an update to investors outlining further progress on their inquiries. This letter will be posted on PwC's website.

On Monday 26 November, FMA will provide the High Court in Wellington with an update of its case. At that hearing FMA will recommend that some of the Ross Entities, which are insolvent, should be placed in liquidation as recommended by the Receivers, while Mr Ross, his trusts and other related entities will remain in receivership.

Liquidation will ensure that greater recovery powers can be used and some distribution to investors can then be made. Investors' interests will be heard in that process. Further details regarding this recommendation and the liquidation process are set out in the letter to investors on PwC's website.

FMA has responded to inquiries received from Bruce Tichbon of the RAM Investors Group. A copy of our written response can be found here.

FMA has today been advised that Mr Ross is now available to assist FMA and PwC with their inquiries. Through his lawyers we have been advised that he intends to co-operate with these inquiries.

FMA's investigation continues and we are working with SFO on a joint investigation.

21 November 2012

PwC's report into Ross Asset Management Ltd and related entities indicated that it considered the liquidation of certain of the Ross Entities to be the next step. Liquidation and the process through which it would occur and whether this will maximise investor interests, is currently being explored.

The matter will be heard in the Wellington High Court on 26 November, at which time FMA and PwC will advise the Court of their proposed next steps during the hearing. PwC is preparing a further letter to investors which will be sent out over the coming days.

If any investor has information relating to the location of assets of Ross Asset Management, please provide it to FMA and PWC urgently.

15 November 2012

The report, prepared by John Fisk and David Bridgman of PwC, with the assistance of brokers from First NZ Capital, explains that Ross Asset Management's records show purported investments of $449.6 million, held on behalf of more than 900 investors across 1720 accounts. This figure represents the portfolio values reported by Ross Asset Management to investors, not their actual capital contributions, or the current value of those contributions. The latter figures are yet to be determined.

The Receivers and Managers' focus over the first five days of their appointment has been to identify and secure investment assets. After searching the custody accounts identified by Mr Ross and through wider searches in international investment markets, they have so far located investments of only $10.2 million. The search continues.

Read full media release here.

A copy of the report and appendices can be viewed on PwC's website.

12 November 2012

The focus of work for the appointed receivers from PwC and brokers from NZ First Capital to date, has been identifying and preserving assets on behalf of investors, as per the orders obtained by FMA.

As directed by the Court on November 6, PwC will provide a report to the Court on Tuesday 13 November.

FMA is seeking a court hearing for Wednesday 14 November, after which both PwC and FMA will be able to give investors a further update. The hearing date is still to be confirmed.

The report is likely to be held by the Court as confidential until the hearing, when orders regarding disclosure of the report will be made.

If you have any questions, please contact PwC directly on 04 462 7040.

9 November 2012

As previously advised, John Fisk and David Bridgman of PwC have been appointed receivers and managers, to manage the business of David Ross and Ross Asset Management, and related entities. Their inquiries are continuing with assistance from First NZ Capital and FMA.

The receivers sent out letters yesterday to investors. If you do not receive a letter within the next couple of days, please contact PwC directly on 04 462 7040.

A copy of the letter can be viewed here.

6 November 2012

The High Court in Wellington has today granted FMA's application for John Fisk and David Bridgman of PwC to be appointed as receivers and managers, along with experienced brokers from First NZ Capital, to manage the business of David Ross and Ross Asset Management.

The decision follows the freezing of the assets of Mr Ross last Friday after FMA received a number of complaints regarding the delayed or non-payment of investors.

Mr Fisk and Mr Bridgman have now stepped in to manage the business and to identify the assets held, the names of clients and the value of the portfolios held. FMA's inquiries to date have identified that assets are held in New Zealand, Australia, the UK and the USA, and FMA and PwC's inquiries to locate and value the assets continues.

The receivers will provide a report updating the Court and FMA next week on the steps they have taken and the current status of their work. They will be in touch with known investors within the next two days.

If you are an investor, we ask that you contact the receivers at PwC and provide them with details of your investment on 04 462 7040 or http://www.pwc.co.nz/.

2 November 2012

On Friday 2 November, the High Court in Wellington froze the assets of David Ross of Ross Asset Management Limited and the following related entities:

• Ross Asset Management Limited
• Bevis Marks Corporation Limited
• Dagger Nominees Limited
• Mercury Asset Management Limited
• Ross Investment Management Limited
• Ross Unit Trusts Management Limited
• United Asset Management Limited
• McIntosh Asset Management Limited
• Chapman Ross Trust
• Woburn Ross Trust

Securities Markets Act (Bathurst Resources (New Zealand) Limited)

2013-04-26T12:32:56+13:00

Securities Markets Act (Bathurst Resources (New Zealand) Limited) Exemption Notice 2013

Securities Act (Bathurst Resources (New Zealand) Limited)

2013-04-26T12:26:42+13:00

Securities Act (Bathurst Resources (New Zealand) Limited) Exemption Notice 2013

Organisation Chart

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FMA organisation chart

List of Qualifying Financial Entities (QFE)

2013-04-24T16:01:36+13:00

List of Qualifying Financial Entities

57 entity groups currently have Qualifying Financial Entity status. For a QFE's business address and list of services visit www.fspr.govt.nz. For previously licensed QFE entities see file attachment below.
FSP No.	Entity (company or partner)	Group name	Associated entities
FSP36405	ANZ Bank New Zealand Limited Previously ANZ National Bank Limited	ANZ New Zealand QFE Group	ANZ New Zealand Securities Limited (FSP32943) Previously Direct Broking Limited UDC Finance Limited (FSP27147) ANZ Investment Services (New Zealand) Limited (FSP32942) OnePath (NZ) Limited (FSP33221) OnePath Life (NZ) Limited (FSP33242) OnePath Insurance Services (NZ) Limited (FSP33261)
FSP29003	ASB Bank Limited	ASB Bank QFE Group	ASB Group Investments Limited (FSP29024) ASB Securities Limited (FSP29162) AEGIS Limited (FSP29025) Commonwealth Bank of Australia (FSP29223)
FSP21661	Fisher and Paykel Finance Limited	The Fisher and Paykel Finance QFE Group	Fisher and Paykel Financial Services Limited (FSP33225) Retail Financial Services Limited (FSP34723) Equipment Finance Limited (FSP34762) Consumer Insurance Services Limited (FSP34784) Consumer Finance Limited (FSP30663)
FSP38581	Fisher Funds Management Limited	Fisher Funds QFE Group	TOWER Managed Funds Limited (FSP41483)
FSP53921	Heartland Bank Limited Previously Heartland Building Society Originally Combined Building Society	Heartland QFE Group Previously Heartland Building Society QFE Group Originally Combined Building Society QFE Group	MARAC Finance Limited (FSP41882) MARAC Insurance Limited (FSP41941) PGG Wrightson Finance Limited (FSP38184)
FSP67641	IAG New Zealand Limited	IAG New Zealand Limited QFE Group	AMI Insurance Limited (FSP 195925)
FSP19941	Kiwibank Limited	The Kiwibank QFE Group	Gareth Morgan Investments Limited Partnership (FSP46781) Gareth Morgan KiwiSaver Limited (FSP46761)
FSP34501	Prometheus Finance Limited	Prometheus QFE Group	Prometheus Social Lending Services Limited (FSP119525)
FSP43787	Southern Cross Medical Care Society	Southern Cross Health Society QFE Group	Activa Health Limited (FSP171104)
FSP38642	Sovereign Services Limited	Sovereign QFE Group	Sovereign Assurance Company Limited (FSP39602) Sovereign Superannuation Funds Limited (FSP39623) Sovereign Superannuation Trustees Limited (FSP38641)
FSP36886	The Hongkong and Shanghai Banking Corporation Limited	The HSBC QFE Group	HSBC Investments New Zealand Limited (FSP37008)
FSP105384	TOWER New Zealand Limited	TOWER QFE Group	TOWER Health and Life Limited (FSP41485) TOWER Insurance Limited (FSP41165) The National Insurance Company of New Zealand Limited (FSP42644) TOWER Life (N.Z) Limited (FSP42605)
FSP35681	Westpac New Zealand Limited	Westpac NZ QFE Group	Westpac Banking Corporation (FSP36250) Westpac Life-NZ-Limited (FSP32901) BT Funds Management (NZ) Limited (FSP32662)
FSP 7741	AA Insurance Limited	N/A	N/A
FSP35924	ACE Insurance Limited	N/A	N/A
FSP39383	AIA International Limited Previously American International Assurance Company (Bermuda) Limited	N/A	N/A
FSP38082	AMP Services (NZ) Limited	N/A	N/A
FSP36561	Aotearoa Credit Union	N/A	N/A
FSP25081	Asteron Life Limited	N/A	N/A
FSP41821	Avanti Finance Limited	N/A	N/A
FSP25101	Bank of New Zealand	N/A	N/A
FSP27625	CIGNA Life Insurance New Zealand Limited	N/A	N/A
FSP13041	Credit Union Auckland	N/A	N/A
FSP27482	Credit Union Baywide	N/A	N/A
FSP16101	Credit Union Central	N/A	N/A
FSP27046	Credit Union South	N/A	N/A
FSP68182	Farmers Mutual Group	N/A	N/A
FSP42822	Finance Now Limited	N/A	N/A
FSP29785	First Credit Union	N/A	N/A
FSP24848	Forsyth Barr Limited	N/A	N/A
FSP11701	GE Finance and Insurance	N/A	N/A
FSP28142	Grosvenor Investment Management Limited	N/A	N/A
FSP26502	Hawke's Bay Insurances Limited	N/A	N/A
FSP20381	Instant Finance Limited Previously Instant Finance NZ Limited	N/A	N/A
FSP34047	Jardine Lloyd Thompson Limited	N/A	N/A
FSP19261	Kookmin Bank	N/A	N/A
FSP26147	Lumley General Insurance (N.Z.) Limited	N/A	N/A
FSP35849	Medical Assurance Society New Zealand Limited	N/A	N/A
FSP42742	Mercer (N.Z.) Limited	N/A	N/A
FSP26831	Motor Trade Finances Limited	N/A	N/A
FSP33381	Nelson Building Society	N/A	N/A
FSP116487	Oxford Finance Limited	N/A	N/A
FSP110887	Partners Life Limited	N/A	N/A
FSP88443	QBE Insurance (International) Limited	N/A	N/A
FSP38761	Runacres and Associates Limited Previously Anthony Runacres and Associates Limited	N/A	N/A
FSP48342	Sentinel Limited	N/A	N/A
FSP25143	Smithcorp Finance Limited	N/A	N/A
FSP30921	Southland Building Society	N/A	N/A
FSP26061	Spicers Portfolio Management Limited	N/A	N/A
FSP37128	Steelsands Credit Union	N/A	N/A
FSP105832	Telnet Services Limited	N/A	N/A
FSP17605	The Co-operative Bank Limited Previously PSIS Limited	N/A	N/A
FSP41189	The New Zealand Automobile Association Inc	N/A	N/A
FSP33501	The New Zealand Guardian Trust Company Limited	N/A	N/A
FSP39861	Thorn Rentals NZ Limited	N/A	N/A
FSP22621	TSB Bank Limited	N/A	N/A
FSP35932	Westforce Credit Union	N/A	N/A

Simon Allen reappointed Chair of FMA

2013-04-23T16:07:28+13:00

Simon Allen reappointed Chair of FMA

Craig Foss

23 April, 2013

Commerce Minister Craig Foss has welcomed the reappointment of Simon Allen as Chair of the Financial Markets Authority (FMA).

“I am delighted Mr Allen has been reappointed. He has been very successful in guiding the FMA through its initial period of operation since 1 May 2011.

“Over this time, the FMA has gained credibility from the public and the industry and has delivered on its role of rebuilding confidence in our financial markets following the global financial crisis.

“Mr Allen is highly-regarded across both Government and the industry. With more than 25 years’ experience in financial markets management and senior governance roles, he has the right credentials to ensure that the FMA continues to be an effective financial sector regulator,” says Mr Foss.

Mr Allen has been reappointed for an eighteen-month term, commencing 1 May 2013.

Further information on the Financial Markets Authority can be located at: http://www.fma.govt.nz/

Background

Simon Allen is the current Chair of Crown Fibre Holdings Limited and Auckland Council Investments Limited. He is Deputy Chair of St Cuthbert’s College in Auckland and director of Snowvision Charitable Trust. Previously, he was also the Chair of NZX Limited from 2001 to 2008.

The FMA is an independent Crown entity established under the Financial Markets Authority Act 2011. It enforces securities, financial reporting, and company law as they apply to financial services and securities markets. It is the primary regulator for securities exchanges, financial advisers and brokers, and trustees and issuers – including issuers of KiwiSaver and superannuation schemes. The FMA’s main objective is to promote and facilitate the development of fair, efficient and transparent financial markets.

Brochures

2013-04-23T11:12:17+13:00

Key things consumers should consider

Notices

2013-04-23T10:14:11+13:00

NZ Markets Disciplinary Tribunal Rules

2013-04-23T10:11:39+13:00

Securities Markets Act (NZ Markets Disciplinary Tribunal Rules) Approval of Market Rules Notice 2013

Five Star finance saga draws to a close with prison sentence for Neill Williams

2013-04-19T15:46:00+13:00

Five Star finance saga draws to a close with prison sentence for Neill Williams

News release
19 April 2013

Neill Williams has this afternoon been sentenced to three years and seven months’ imprisonment for his role in the collapse of the Five Star finance companies, more than two and a half years after he pleaded guilty to the charges.

Mr Williams pleaded guilty to three charges of making a false statement in a registered prospectus, one charge of making false or misleading statements in financial statements and 12 charges of offering securities to the public for subscription without the required offer documents.

Mr Williams was generally recognised as the founder of Five Star and was an integral part of all major strategic decisions.

However, due to his prior association with two other failed finance companies, he was not named as a director of Five Star and his name didn’t appear on any Five Star documents.

Five Star Consumer Finance and Five Star Finance owed $97 million to 2300 investors when they collapsed in 2007.

“Neill Williams’ offending was at the highest end of the spectrum, and his desire to fly under the radar to hide his real position from the investing public added a layer of deception,” said FMA Head of Enforcement Belinda Moffat.

“Investors have a right to know who is at the helm of the companies they trust their money to, and this judgment should act as a reminder of that,” said Ms Moffat.

Under the Securities Act, Neill Williams’ conviction means he is automatically banned from managing companies for five years.

Ends

Contact:

Tony Reid on 021 739 052 or tony.reid@fma.govt.nz

Background

In 2010, Five Star directors Marcus Macdonald and Nicholas Kirk were sentenced to one year and six months and one year and nine months respectively after pleading guilty to misleading investors.

Anthony Bowden, who also pleaded guilty, was sentenced to home detention.

All three men are banned from managing companies for five years.

List of Authorised Futures Dealers

2013-04-19T14:53:06+13:00

List of Authorised Futures Dealers

The Financial Markets Authority (FMA) publishes this information for public use. This list does not supersede the Authorised Futures Dealers Notices (Notices) published in the Gazette from time to time. For full details of the authorisation granted to a particular entity, you should obtain a copy of the relevant Notice. To access the Notices visit New Zealand Gazette.

If you consider your firm ought to be added to this list and/or the description of your firm's authorisation requires updating please e-mail questions@fma.govt.nz.

Authorised Futures Dealer	Gazette Notice Reference	Summary of Authorisation	Expiry Date
Advanced Metering Assets Limited	Authorised Futures Dealers (No.3) Notice 1997	Dealing in electricity futures contracts on behalf of electricity wholesale clients	N/A
AMP Capital Investors (New Zealand) Limited	Authorised Futures Dealers (No.9) Notice 1994	Dealing in futures contracts as part of the ordinary course of business as a funds manager or as part of the duties and functions of the company as a trustee of any managed funds	N/A
Arrowstreet Capital, Limited Partnership	Authorised Futures Dealers (Wholesale Dealers) Notice 2012	Advising on futures contracts to wholesale clients	Aug-17
B T Funds Management (NZ) Limited	Authorised Futures Dealers (No.5) Notice 1998	Dealing in futures contracts as part of the ordinary course of business as a fund manager or as part of the duties and functions of the company as a trustee of any managed funds	N/A
Bank of New York Mellon	Authorised Futures Dealers (Bank of New York Mellon) Notice 2011	Advising on futures contracts to wholesale clients	Mar-16
Barclays Bank PLC	Authorised Futures Dealers (Barclay's Bank PLC) Notice 2011	Dealing in futures contracts generally on behalf of wholesale clients	Jul-16
Centurion Finance Limited	Authorised Futures Dealers (Centurion Finance Limited) Notice 2011	Issuing foreign exchange futures contracts	Oct-14
CMC Markets NZ Limited	Authorised Futures Dealers (CMC Markets NZ Limited) Notice 2011	Issuing over the counter and foreign exchange futures contracts	Oct-14
Colchester Global Investors Limited	Authorised Futures Dealers (Colchester Global Investors Limited) Notice 2012	Advising on futures contracts to wholesale clients	Aug-17
Contact Energy Limited	Authorised Futures Dealers (No.3) Notice 1997	Dealing in electricity futures contracts on behalf of electricity wholesale clients	N/A
Cooperative Centrale Raiffeisen-Boerenleenbank B.A. (Rabobank Nederland)	Authorised Futures Dealers (Rabobank Nederland) Notice 2010	Dealing in futures contracts off exchange on behalf of wholesale clients	Jul-15
Direct FX Limited	Authorised Futures Dealers (Direct FX Limited) Notice 2009	Advising on futures contracts to wholesale clients	Feb-14
Edge Capital Markets Limited	Authorised Futures Dealers (Edge Capital Markets Limited)Notice 2011	Providing a futures adviser or introducing broker or managed account service.	Sep-14
Electricity Corporation of New Zealand Limited	Authorised Futures Dealers (No.3) Notice 1997	Dealing in electricity futures contracts on behalf of electricity wholesale clients	N/A
Elementum (Bermuda) Limited	Authorised Futures Dealers (Wholesale Dealers) Notice 2012	Advising on futures contracts to wholesale clients	Aug-17
Elementum Advisors LLC	Authorised Futures Dealers (Wholesale Dealers) Notice 2012	Advising on futures contracts to wholesale clients	Aug-17
Energy Link Limited	Authorised Futures Dealers (No.3) Notice 1997	Dealing in electricity futures contracts on behalf of electricity wholesale clients	N/A
Energywise Solutions Limited	Authorised Futures Dealers (No.3) Notice 1997 - as amended 31 March 2011	Dealing in electricity futures contracts on behalf of electricity wholesale clients	N/A
Fonterra Commodities Limited	Authorised Futures Dealers (Fonterra Commodities Limited) Notice 2013	Advising on futures contracts to wholesale clients	Feb-18
Genesis Power Limited	Authorised Futures Dealers (No.3) Notice 1997 - as amended 8 July 1999	Dealing in electricity futures contracts on behalf of electricity wholesale clients	N/A
Global Brokers (NZ) Limited	Authorised Futures Dealers (Global Brokers (NZ) Limited) Notice 2012	Dealing in futures contracts generally	Nov-14
Harlow Butler (NZ) Limited	Authorised Futures Dealers (No.3) Notice 1997	Dealing in electricity futures contracts on behalf of electricity wholesale clients	N/A
HiFX Limited	Authorised Futures Dealers (HiFX Limited) Notice 2013	Issuing forward foreign exchange futures contracts; and advising on forward foreign exchange futures contracts to wholesale clients	Mar-18
ICAP New Zealand Limited	Authorised Futures Dealers (ICAP New Zealand Limited) Notice 2011	Advising on futures contracts to wholesale clients	Aug-16
IG Markets Limited	Authorised Futures Dealers (IG Markets Limited) Notice 2009	Issuing over-the-counter futures contracts	Sep-14
Intercontinental Financial Services Corporation Limited	Authorised Futures Dealers (Intercontinental Financial Services Corporation Limited) Notice 2011	Issuing over-the-counter futures contracts	Nov-13
J.P. Morgan Australia Limited	Authorised Futures Dealers (JPMorgan Chase Bank Limited, NA and J.P. Morgan Australia Limited) Notice 2008	Advising on off exchange futures contracts to wholesale clients that JPMorgan Chase Bank Limited, National Association is a party to	Oct-13
J.P. Morgan Markets Australia PTY Limited	Authorised Futures Dealers Notice 2006	Dealing in future contracts generally on behalf of wholesale clients	N/A
J.P. Morgan Securities Australia Limtied	Authorised Futures Dealers (J.P. Morgan Securities Australia Limtied) Notice 2010	Dealing in futures contracts generally on behalf of wholesale clients	Nov-15
JPMorgan Chase Bank Limited, National Association	Authorised Futures Dealers (JPMorgan Chase Bank Limited, NA and J.P. Morgan Australia Limited) Notice 2008	Issuing foreign exchange futures contracts to wholesale clients	Oct-13
KVB FX Limited	Authorised Futures Dealers (KVB FX Limited) Notice 2009	Issuing foreign exchange futures contracts	Jun-13
KVB Kunlun New Zealand Limited	Authorised Futures Dealers (No 3) Notice 2005 - as amended 30 June 2011	Dealing in futures contracts generally	Jun-13
Macquarie Bank Limited	Authorised Futures Dealers (Macquarie Bank Limited) Notice 2009	Dealing in futures contracts generally on behalf of wholesale clients	Jul-14
MainPower New Zealand Limited	Authorised Futures Dealers (No.3) Notice 1997	Dealing in electricity futures contracts on behalf of electricity wholesale clients	N/A
MCI Markets Limited	Authorised Futures Dealers (MCI Markets Limited) Notice 2012	Issuing over-the-counter futures contracts	Jul-14
Meridian Energy Limited	Authorised Futures Dealers (No.3) Notice 1997 - as amended 18 December 2003	Dealing in electricity futures contracts on behalf of electricity wholesale clients	N/A
Mighty River Power Limited	Authorised Futures Dealers (No.3) Notice 1997 - as amended 15 June 2000	Dealing in electricity futures contracts on behalf of electricity wholesale clients	N/A
Millenium Capital Management (New Zealand)	Authorised Futures Dealers (Millenium Capital Management (New Zealand)) Notice 2012	Advising on futures contracts to wholesale clients as a fund manager or as an investment adviser or as an investment manager for a fund manager of a fund.	Dec-17
MS Capital Management Limited	Authorised Futures Dealers (Wholesale Dealers) Notice 2012	Advising on futures contracts to wholesale clients	Aug-17
New Zealand Assets Management Limited	Authorised Futures Dealers (No.3) Notice 1998	Advising in futures contracts for the purpose of its investment portfolio management business	N/A
Onepath NZ Limited	Authorised Futures Dealers Notice 1994	Dealing in futures contracts as part of the ordinary course of business as a funds manager or as part of the duties and functions of the company as a trustee of any managed funds	N/A
Orion New Zealand Limited	Authorised Futures Dealers (No.3) Notice 1997	Dealing in electricity futures contracts on behalf of electricity wholesale clients	N/A
Pacific Financial Derivatives Limited	Authorised Futures Dealers (Pacific Financial Derivatives Limited) Notice 2011	Dealing in futures contracts generally	Sep-14
Pure Capital Limited	Authorised Futures Dealers (Wholesale Dealers) Notice 2012	Advising on futures contracts to wholesale clients	Aug-17
QS Investors LLC	Authorised Futures Dealers (QS Investors LLC) Notice 2011	Advising on futures contracts to wholesale clients	Apr-16
RMB Australia Limited	Authorised Futures Dealers (No.3) Notice 1997	Dealing in electricity futures contracts on behalf of electricity wholesale clients	N/A
Savings and Investments Limited	Authorised Futures Dealers (Savings and Investments Limited) Notice 2009	Issuing a foreign exchange futures contract that is a unit in a Unit Trust of which the Company is the manager.	Oct-14
Shell Eastern Trading Pte Limited	Authorised Futures Dealers (Shell Eastern Trading Pte Limited) Notice 2011	Issuing oil price futures contracts or carbon price futures contracts to wholeshale clients	Jul-16
Simply Energy Limited	Authorised Futures Dealers (No.3) Notice 1997 - as amended 7 April 2011	Dealing in electricity futures contracts on behalf of electricity wholesale clients	N/A
Strategic Capital Markets Limited	Authorised Futures Dealers (Strategic Capital Markets Limited) Notice 2011	Providing a futures adviser or introducing broker or managed account service	Sep-14
Tararua Wind Power Limited	Authorised Futures Dealers (No.3) Notice 1997 - as amended 8 October 1998	Dealing in electricity futures contracts on behalf of electricity wholesale clients	N/A
Total Utilities Management Group	Authorised Futures Dealers (No.3) Notice 1997 - as amended 24 November 2011	Dealing in electricity futures contracts on behalf of electricity wholesale clients	N/A
Tower Financial Services Group Limited	Authorised Futures Dealers (No.12) Notice 1994	Dealing in futures contracts as part of the ordinary course of business as a funds manager or as part of the duties and functions of the company as a trustee of any managed funds	N/A
Trafalgar Copley Limited	Authorised Futures Dealers (No.2) Notice 2007 - amended 31 May 2012	Advising on futures contracts to wholesale clients as an investment adviser or as an investment manager for a fund manager of a fund.	Apr-17
TransPower New Zealand Limited	Authorised Futures Dealers (No.3) Notice 1997	Dealing in electricity futures contracts on behalf of electricity wholesale clients	N/A
TrustPower Limited	Authorised Futures Dealers (No.3) Notice 1997 - as amended 8 July 1999	Dealing in electricity futures contracts on behalf of electricity wholesale clients	N/A
Tyndall Investment Management New Zealand Limited	Authorised Futures Dealers (No.2) Notice 1996	Dealing in futures contracts as part of the ordinary course of business as a funds manager or as part of the duties and functions of the company as a trustee of any managed funds	N/A

Note - should you try to access the Notices on the New Zealand Gazette, you should refine the search to the full name of the Notice and the year of publication; or if it is an amended Notice, the full name of the Notice and the year of the amendment.

Authorised Futures Exchanges and Authorised Futures Dealers Notices which include more than one entity

Authorised Futures Exchanges

No person may carry on the business of dealing in futures contracts unless that person is authorised by the FMA, or has been approved under the rules of an authorised futures exchange to carry on the business of dealing in futures contracts in accordance with the rules of that exchange. The authorised futures exchanges include:

NZX Limited (the NZX Derivatives Market)
Australian Securities Exchange Limited (the ASX 24 Market)
ICE Futures Europe

Currently only NZX Derivative Market Participants would qualify as being approved under the rules of an authorised futures exchange to carry on the business of dealing in futures contracts.

Authorised Futures Dealers Notice (no.4) 2004

Every ASX24 Participant is authorised to carry on the business of dealing in futures contracts that are made on or effected through the ASX 24 Market.

ASX 24 Participants would need to seek further authorisation from FMA in order to deal with New Zealand clients in over-the-counter futures contracts or contracts offered on other exchanges.

Authorised Futures Dealers (NZCDC Settlement System and NZX Derivatives Market) Notice 2010

New Zealand Clearing and Depository Corporation Limited's (NZCDC) wholly owned subsidiaries, NZ Clearing Limited, NZ Depository Limited and NZ Depository Nominees Limited are authorised to carry on the business of dealing in futures contracts generally for the purpose of, or in connection with, the operation of the NZCDC settlement system.

Similarly, every person who is both a clearing participant and depository participant is authorised to carry on the business of dealing in futures contracts generally for the purpose of the NZCDC settlement system.

Authorised Futures Dealers (Financial Transmission Rights) Notice 2012

The Electricity Industry Participation of Code 2010 (the Code) allows for the creation and auctioning of financial transmission rights (FTRs) in an inter-island FTR market. The Authorised Futures Dealers (Financial Transmission Rights) Notice 2012 authorises the FTR manager and Clearing Manager. Energy Market Services (a commercial business group within Transpower NZ Ltd) and NZX Limited have been appointed by the Electricity Authority to perform the respective roles of FTR manager & Clearing manager under the Code) to deal in futures contracts that are FTRs as part of their respective roles managing the FTR auctions and settlement of FTRs under the Code.

Authorised Future Dealers (iPredict Limited) Notice 2011

iPredict Limited operates a predictions market. The contracts which may be traded on the market are contracts linked to political, economic or sociological events. These contracts are declared to be futures contacts pursuant to the Futures Contracts (iPredict Limited) Declaration and Exemption Notice 2008. iPredict is authorised to carry on the business of dealing in futures contract to which the market provider or clearing house, is or intends, to be a party and which are traded on its market. A condition of its authorisation is that iPredict's website must contain, in a prominent place, a statement to the effect that the markets operated by the market provider are intended as research and educational facility, not as an investment market or a gambling facility, and the market provider has been authorised to act as a futures dealer, and the contracts traded are treated as futures contracts in New Zealand law, in order to provide certainty as to the legal treatment of the contracts. iPredict's exemption also includes financial caps on the amounts participants can deposit into, and hold in, their accounts.

Securities Act (Takeovers)

2013-04-18T16:42:01+13:00

Securities Act (Takeovers) Exemption Notice 2013

Securities Act (Rights, Options, and Convertible Securities)

2013-04-18T16:41:20+13:00

Securities Act (Rights, Options, and Convertible Securities) Exemption Notice 2013

Securities Act (Renewals and Variations)

2013-04-18T16:40:40+13:00

Securities Act (Renewals and Variations) Exemption Notice 2013

Securities Act (Overseas Listed Issuers)

2013-04-18T16:40:16+13:00

Securities Act (Overseas Listed Issuers) Exemption Amendment Notice 2013

Securities Act (Overseas Employee Share Purchase Schemes)

2013-04-18T16:39:46+13:00

Securities Act (Overseas Employee Share Purchase Schemes) Exemption Amendment Notice 2013

Securities Act (Overseas Companies)

2013-04-18T16:39:10+13:00

Securities Act (Overseas Companies) Exemption Notice 2013

Securities Act (Industrial and Provident Societies)

2013-04-18T16:38:14+13:00

Securities Act (Industrial and Provident Societies) Exemption Notice 2013

Securities Act (Friendly Societies)

2013-04-18T16:37:15+13:00

Securities Act (Friendly Societies) Exemption Amendment Notice 2013

Securities Act (Deposit Takers)

2013-04-18T16:36:22+13:00

Securities Act (Deposit Takers) Exemption Notice 2013

Securities Act (Co-operative Companies)

2013-04-18T16:35:56+13:00

Securities Act (Co-operative Companies) Exemption Notice 2013

Securities Act (Building Societies)

2013-04-18T16:35:08+13:00

Securities Act (Building Societies) Exemption Notice 2013

Securities Act (Australian Issuers-Transitional Provision)

2013-04-18T16:34:39+13:00

Securities Act (Australian Issuers-Transitional Provision) Exemption Notice 2013

Financial Reporting Act 1993 (Overseas Issuers)

2013-04-18T16:33:16+13:00

Financial Reporting Act (Overseas Issuers) Exemption Notice 2013

Financial Reporting Act 1993 (Overseas Companies)

2013-04-18T16:32:57+13:00

Financial Reporting Act (Overseas Companies) Exemption Notice 2013

Financial Reporting Act 1993 (Dual-Listed Issuers)

2013-04-18T16:30:52+13:00

Financial Reporting Act (Dual-Listed Issuers) Exemption Notice 2013

Financial Reporting Act 1993 (Australian Issuers)

2013-04-18T16:29:43+13:00

Financial Reporting Act (Australian Issuers) Exemption Notice 2013

Ross Asset Management Update

2013-04-18T14:13:43+13:00

Ross Asset Management Update

To view the Ross Asset Management Investigation, click here.

Guilty plea sees another finance company director held to account

2013-04-17T10:30:14+13:00

Guilty plea sees another finance company director held to account

Media Release
17 April 2013

Stephen Charles Smith (45), pleaded guilty at the Auckland High Court today to 25 charges arising out of the collapse of Belgrave Finance Limited (Belgrave Finance). The charges were brought in a joint prosecution by the Financial Markets Authority (FMA) and the Serious Fraud Office (SFO).

Mr Smith pleaded guilty to 19 Crimes Act charges of theft by person in a special relationship, four charges of false statement by promoter, one Securities Act charge of making an untrue statement and one Companies Act charge of making a false statement to a trustee.

The charges relate to more than $18 million of loans made by Belgrave Finance to various related entities between June 2005 and March 2008.

FMA Head of Enforcement, Belinda Moffat, said all directors should treat today’s guilty plea as a reminder of their duties and responsibilities.

“Anyone who invests their hard earned money relies on directors to do the right thing,” said Ms Moffat. “There are standards of behaviour that are expected and consequences of getting it wrong.”

Acting SFO Chief Executive, Simon McArley, added that Mr Smith’s plea is another positive step towards concluding the response to the finance company collapses.

“The impact of fraud on its victims is substantial. Whether it’s the loss of financial investments or jobs, many New Zealanders’ lives and prosperity are irrevocably changed through the impact of fraud. The completion of these prosecutions sends a strong deterrent message that will help ensure we don’t see a repetition of the finance company issues and will deter any new forms of financial crime developing,” he said.

Under the Companies Act, Stephen Smith’s conviction means he is automatically banned from managing companies for five years.

Mr Smith has been remanded in custody pending a bail hearing at 3.15pm today and will next appear for sentencing on 7 June.

ENDS

For further information:

Andrea Linton                                   Tony Reid
Serious Fraud Office                          Financial Markets Authority
027 705 4550                                   021 739 052

Notes to editors

Background to investigation
Belgrave Finance Limited was incorporated in September 2000.

Belgrave Finance provided financial accommodation and mortgage facilities for commercial and residential property developments. Funds for lending were sourced primarily from the issue of securities to the public in the form of debenture stock and convertible capital notes.

Belgrave Finance was placed into receivership in on 28 May 2008 owing around $22 million to approximately 1,000 investors. The company was placed into liquidation in April 2010 and at the time, was the 20^th finance company to collapse in two years.

Following the collapse of Belgrave Finance, the (then) Securities Commission made initial investigations into the company before referring the matter to SFO in June 2010. The SFO Director determined that an investigation into the affairs of Belgrave Finance may disclose serious or complex fraud, and SFO commenced an investigation under Part II of the Serious Fraud Office Act in July 2010.

Charges have also been laid against former director Shane Buckley (45), alleged controller of the company Raymond Schofield (51), and legal advisor Hugh Hamilton (61). Mr Buckley was sentenced to three years’ imprisonment following a guilty plea in August 2012. Mr Schofield was granted a stay of prosecution on the grounds of terminal illness in December 2012, conditional upon review. Mr Hamilton has been committed for trial at a date to be set.

SFO charges

Crimes Act offences:

Section 220: Theft by person in special relationship
(1) This section applies to any person who has received or is in possession of, or has control over, any property on terms or in circumstances that the person knows require the person—

(a) to account to any other person for the property, or for any proceeds arising from the property; or

(b) to deal with the property, or any proceeds arising from the property, in accordance with the requirements of any other person.

(2) Every one to whom subsection (1) applies commits theft who intentionally fails to account to the other person as so required or intentionally deals with the property, or any proceeds of the property, otherwise than in accordance with those requirements.

(3) This section applies whether or not the person was required to deliver over the identical property received or in the person's possession or control.

(4) For the purposes of subsection (1), it is a question of law whether the circumstances required any person to account or to act in accordance with any requirements.

Section 223: Punishment of theft
Every one who commits theft is liable as follows:

(a) in the case of any offence against section 220, to imprisonment for a term not exceeding 7 years; or

(b) if the value of the property stolen exceeds $1,000, to imprisonment for a term not exceeding 7 years; or

(c) if the value of the property stolen exceeds $500 but does not exceed $1,000, to imprisonment for a term not exceeding 1 year; or

(d) if the value of the property stolen does not exceed $500, to imprisonment for a term not exceeding 3 months.

Section 242: False statement by promoter, etc
(1) Every one is liable to imprisonment for a term not exceeding 10 years who, in respect of any body, whether incorporated or unincorporated and whether formed or intended to be formed, makes or concurs in making or publishes any false statement, whether in any prospectus, account, or otherwise, with intent—

(a) to induce any person, whether ascertained or not, to subscribe to any security within the meaning of the Securities Act 1978; or

(b) to deceive or cause loss to any person, whether ascertained or not; or

(c) to induce any person, whether ascertained or not, to entrust or advance any property to any other person.

(2) In this section, false statement means any statement in respect of which the person making or publishing the statement—

(a) knows the statement is false in a material particular; or

(b) is reckless as to the whether the statement is false in a material particular.

FMA charges
Securities Act offences:

Section 58: Criminal liability for misstatement in advertisement or registered prospectus

(1) Subject to subsection (2), where an advertisement that includes any untrue statement is distributed,—

(a) the issuer of the securities referred to in the advertisement, if an individual; or

(b) if the issuer of the securities is a body, every director thereof at the time the advertisement is distributed—

commits an offence.

(2) No person shall be convicted of an offence under subsection (1) if the person proves either that the statement was immaterial or that he or she had reasonable grounds to believe, and did, up to the time of the distribution of the advertisement, believe that the statement was true.

(3) Subject to subsection (4), where a registered prospectus that includes an untrue statement is distributed, every person who signed the prospectus, or on whose behalf the registered prospectus was signed for the purposes of section 41(1)(b), commits an offence.

(4) No person shall be convicted of an offence under subsection (3) if the person proves either that the statement was immaterial or that he or she had reasonable grounds to believe, and did, up to the time of the distribution of the prospectus, believe that the statement was true.

(5) Every person who commits an offence against this section is liable—

(a) on conviction on indictment to—

(i) imprisonment for a term not exceeding 5 years; or

(ii) a fine not exceeding $300,000 and, if the offence is a continuing one, to a further fine not exceeding $10,000 for every day or part of a day during which the offence is continued; or

(b) on summary conviction to—

(i) imprisonment for a term not exceeding 3 months; or

(ii) a fine not exceeding $300,000 and, if the offence is a continuing one, to a further fine not exceeding $10,000 for every day or part of a day during which the offence is continued.

Companies Act offences:

Section 377: False statements

(1) Every person who, with respect to a document required by or for the purposes of this Act,—

(a) makes, or authorises the making of, a statement in it that is false or misleading in a material particular knowing it to be false or misleading; or

(b) omits, or authorises the omission from it of, any matter knowing that the omission makes the document false or misleading in a material particular—

commits an offence, and is liable on conviction to the penalties set out in section 373(4).

(2) Every director or employee of a company who makes or furnishes, or authorises or permits the making or furnishing of, a statement or report that relates to the affairs of the company and that is false or misleading in a material particular, to—

(a) a director, employee, auditor, shareholder, debenture holder, or trustee for debenture holders of the company; or

(b) a liquidator, liquidation committee, or receiver or manager of property of the company; or

(c) if the company is a subsidiary, a director, employee, or auditor of its holding company; or

(d) a stock exchange or an officer of a stock exchange,—

knowing it to be false or misleading, commits an offence, and is liable on conviction to the penalties set out in section 373(4).

(3) For the purposes of this section, a person who voted in favour of the making of a statement at a meeting is deemed to have authorised the making of the statement.

Role of SFO
The Serious Fraud Office (SFO) was established in 1990 under the Serious Fraud Office Act in response to the collapse of financial markets in New Zealand at that time.

SFO operates three investigative teams:

•           Evaluation & Intelligence;
•           Financial Markets & Corporate Fraud; and
•           Fraud & Corruption.

SFO operates under two sets of investigative powers.

Part I of the SFO Act provides that it may act where the Director “has reason to suspect that an investigation into the affairs of any person may disclose serious or complex fraud.”

Part II of the SFO Act provides SFO with more extensive powers where: “…the Director has reasonable grounds to believe that an offence involving serious or complex fraud may have been committed…”

SFO’s Annual Report 2012 sets out its achievements for the past year, while the Statement of Intent 2012-2015 sets out the SFO’s three year strategic goals and performance standards. Both are available online at: www.sfo.govt.nz

Role of FMA
FMA was established on 1 May 2011 as part of the Financial Markets Authority Act 2011, in response to the need to address failures in the financial markets, made evident from the global financial crisis. The Government recognised that New Zealand required a single conduct regulator to proactively monitor and enforce securities legislation.
FMA is an independent Crown entity and has the following functions:

to monitor compliance with, investigate contraventions of, and enforce securities and investment law, financial reporting law, and companies law, in respect of financial markets participants;
to promote confident and informed participation in the financial markets;
to license and supervise particular financial markets participants, including financial advisers, trustees and statutory supervisors, auditors, and securities markets;
to monitor and conduct inquiries and investigations into financial markets and financial markets participants; and
to keep the law under review.

More information about FMA can be found at www.fma.govt.nz

New directors’ guide aimed at sharpening up corporate governance

2013-04-16T15:35:24+13:00

New directors’ guide aimed at sharpening up corporate governance

The Financial Markets Authority (FMA) and the Institute of Directors in New Zealand (IoD) have today released ‘A Director’s Guide’: a must-read for all current and aspiring directors.

The guide sets out the essentials of being an effective director and includes: questions to ask before you take up a directorship; decision making; legal requirements for signing off financial statements; and what you should do when things go wrong.

FMA CEO, Sean Hughes, said being a director is more than just a title and that ‘A Director’s Guide’ will help directors understand their obligations, particularly first time directors of small and medium-sized companies, and directors of family businesses.

“Being a director can be challenging but it can also be incredibly rewarding. This guide will act as a useful roadmap for directors to turn to,” said Mr Hughes.

“If directors keep their feet on the ground, and are alert to the risks and realities of what is happening around them, then they should feel confident that they are performing the most important duties and responsibilities of a director.”

IoD CEO, Ralph Chivers, said this guide is part of the IoD’s commitment to increasing the standard of governance in New Zealand. Good governance is ultimately a framework for making good decisions and this guide will assist aspiring directors to understand that framework.

“There is now and has always been a very high standard of care and diligence expected of directors, especially in matters relating to the management of other people’s money. Having the right knowledge and skill set to execute those responsibilities is essential for directors,” said Mr Chivers.

“It is also vital that directors are committed to on-going personal development to ensure that their knowledge and skills remain current and that they are doing the best job possible.”

A copy of ‘A Director’s Guide’ can be found here.

Ends

Contact:
Tony Reid, FMA Media Manager on 021 739 052 or tony.reid@fma.govt.nz

Diana Price, IoD External Relations Manager, on 021 0249 5245 or diana.price@iod.org.nz

Securities Act (Benvale Park Limited)

2013-04-12T15:18:03+13:00

Securities Act (Benvale Park Limited) Exemption Notice 2013

Exemption for Trustee Corporations and Nominee Companies under Section 31 of the Securities Markets Act 1988

2013-04-12T15:11:28+13:00

Corporations and Companies which have notified the Commission that they have opted in to the exemption from obligations to disclose substantial security holdings.

Section 31 of the Securities Markets Act 1988 provides an exemption for trustee corporations and nominee companies from certain obligations to disclose substantial security holdings.

Under that section, a person (A) need not comply with any of sections 22 to 25 in relation to 1 or more substantial holdings in 1 or more public issuers if - (a) A has that substantial holding merely because A acts for another person in the ordinary course of business as a trustee corporation or a nominee company; and (b) A has opted in to this exemption by written notice to FMA (and not withdrawn the notice by further written notice to FMA).

The Trustee Corporations and Nominee Companies which have notified FMA that they have opted in to this exemption are listed below.

Name of Trustee Corporation/Nominee Company (Company Number)	Date of receipt of written notice
HSBC Nominees (New Zealand) Limited (303862)	5 August 2010
Private Nominees Limited (1566053 )	24 February 2010
TEA Custodians (ASB Bond PIE) Limited (CN2213617)	27 February 2009
TEA Custodians (FBL) Limited (CN2203480)	27 January 2009
Public Trust and related companies: Accordia Nominees Limited (CN 2324788) AON KiwiSaver Nominees Limited (CN4007818) Generate KiwiSaver Public Trust Nominee Limited (CN 4135738) Integral Nominees Limited (CN 3224468) King Tide Nominees Limited (CN 3669432) Lancashire Limited (CN881234) Masterportfolio Nominees Limited (CN847011) Mint Nominees Limited (CN1893819) MT Nominees Limited (CN4000278) Newburg Nominees Limited (CN398835) New Zealand Permanent Trustees Limited (CN158700) NZPT Custodians (Grosvenor) Limited (CN1472314) NZPT Heartland ABCP Security Trustee Limited (CN 1972209) Pathfinder Nominees Limited (CN2136926) Permanent Nominees Limited (CN520754) Perpetual Asset Management Nominees Limited (CN 2414490) Plato Nominees Limited (CN638865) PM Capital NZ Nominees Limited (CN 2289913) Portfolio Nominees Limited (CN876210) Proteus Limited (CN599751) Public Nominees Limited (CN349880) Public Trust Class 10 Nominees Limited (CN 3476134) Public Trust Class 20 Nominees Limited (CN 3476331) Public Trust Class 30 Nominees Limited (CN3999818) Public Trust Class 50 Nominees Limited (CN 4384663) Public Trust NZCS Nominees Limited (formerly Public Trust Aoraki Nominees Limited) (CN 3241507) Public Trust RIF Nominees Limited (formerly IIS Nominees Limited) (CN3379031) Public Trust SRIM Nominee Limited (CN 4187398) Sirius Wealth Management Nominees Limited (CN2055502) SRF Nominees Limited (CN 3370173) Staples Rodway KiwiSaver Scheme Nominees Limited (CN4003358) SuperLife Nominees Limited (CN 4135659) Tepler Nominees Limited (CN1843111) Tyndall Investment Nominees Limited (CN 3337990) Windley Nominees Limited (CN335499)	4 September 2008
The New Zealand Guardian Trust Company Limited (CN115240) and its following subsidiaries: AAI Nominees Limited (CN3957899) AMP KiwiSaver Scheme Nominees Limited (CN1965649) BNZ Investment Services Nominees Limited (CN2163959) BTNZ KiwiSaver Nominees Limited (CN1931088) BTNZ Unit Trust Nominees Limited (CN082590) Cash Unit Trust Nominees Limited (CN1988787) Customhouse Nominees Limited (CN815515) Customhouse Nominees No. 2 Limited (CN895699) Diversified Nominees Limited (CN2106800) Foundation Nominees Limited (CN1738127) Fund Nominees Limited (CN2103732) GT Nominees Limited (CN819538) Guardian Nominees Limited (CN417736) Guardian Nominees No. 2 Limited (CN387830) Guardian Trust Fidelity Nominees Limited (CN161631) Guardian Trust Fund Nominees Limited (CN2115560) Guardian Trust Investment Nominees (RWT) Limited (CN854255) Guardian Trust Investment Nominees Limited (CN076900) Guardian Trust Nominees Limited (CN060588) Heartland PIE Nominees Limited (CN2183068) Home Loan Nominees Limited (CN1024740) Home Mortgage Nominees Limited (CN1633514) Investment Suite Nominees Limited (CN1517367) NZGT Nominees Limited (CN563020) NZGT Trust Management Limited (CN1927043) Pageant Limited (CN616462) PMIT Nominees Limited (CN1529081) Premier Nominees Limited (CN379465) Private Portfolio Service Nominees Limited (CN433592) Propertyfinance Funding Nominees Limited (CN1299888) TIM Nominees Limited (CN042708) TSB PIE Limited (CN2119340) WINZ Nominees Limited (CN858957)	26 August 2008
First NZ Capital Custodians Limited (CN22522)	25 June 2008
FNZ Custodians Limited (CN1185808)	23 June 2008
ASB Nominees Limited (CN968320)	5 June 2008
Asset Custodian Nominees Limited (CN1157915)	30 May 2008
Citibank Nominees (New Zealand) Limited (CN256875)	19 May 2008
Palliser Nominees Limited (CN614458)	19 May 2008
Perpetual Trust Limited (CN142894) and its following subsidiaries: AMP NZ Office Lambton Quay Limited (CN877581) D C Larsen & Co Limited (CN150525) Pegasus Investment Fund Limited (CN139559) Streat Property Fund Limited (CN560780) Crawford Property Fund Limited (CN951835) Goodman Property Aggregated Limited (CN956209) Arvensis Holdings Limited (CN549785) NZ Foundation Nominees Limited (CN151605) Diversified Mortgage Trust No 1 Limited (CN1800747) Perpetual Trust Services Limited (CN148782) Perpetual Nominees Christchurch Limited (CN133742) Insignis Nominees Limited (CN445947) Victoria Street Holdings Limited (CN1149559) Goodman (Highbrook) Limited (CN1520566) AMP NZ Property Securities Limited (CN960227) AMP NZ Property Developments Limited (CN960234) AMP NZ Property Commercial Limited (CN960232) AMP NZ Property Industrial Limited (CN960222) AMP NZ Property Retail Limited (CN960221) AMP NZ Office Waterfront Tower Limited (CN1020571) AMP NZ Office Featherston Street Limited (CN877577) AMP NZ Office 151 Queen Street Limited (CN872197) Sapphire Securities Limited (CN1248216) AMP NZ Office 1 The Terrace Limited (CN878232) AMP NZ Office Quay Tower Limited (CN877583) AMP NZ Office Albert Street Limited (CN878233) AMP NZ Office Pastoral Limited (CN1473366) Valetta Holdings Limited (CN630633) AMP NZ Office Willis Street Limited (CN1516094) AMP NZ Office The Park Limited (CN1516093) AMP Property Portfolio Investments Limited (CN1691630) AMP NZ Office Mayfair Limited (CN1696857) Australian Property Holdings Limited (CN1703912) AMP NZ Office 80 The Terrace Limited (CN1892123) AMP NZ Office 21 Queen Street Limited (CN1921928) AMP NZ Office Brandon Street Limited (CN1921517) AMP NZ Office 21 Queen Freehold Limited (CN1921898) Active Equities Limited (CN935599) Great Northern Developments Limited (CN1969702) AMP Property Portfolio Limited (CN2086790) AMP NZ Office Chews Lane Limited (CN2094255) AMP Capital Property Portfolio Limited (CN2099677)	16 May 2008
Custodial Services Limited (CN640479)	12 May 2008
Trustees Executors Limited (CN142877) and its following subsidiaries: New Scotland Nominees Limited (CN457692) APRC NZ Nominee Limited (CN1037142) Trustees Executors Custodians (BER) Limited (CN1867952) IFR Nominees Limited (CN618193) Trustees Executors Mortgage Holdings Limited (CN603753) T E A Nominees Limited (CN149723) Local Authority Bond Trust Nominee Limited (CN912433) Trustees Executors Custodians (Bluestone) Limited (CN1262493) TEA Custodians (Oceania) Limited (CN1643263) Trustees Executors Custodians (Kauri) Limited (CN1810713) Trustees Executors Superannuation Limited (CN1175384) Custody and Investment Nominees Limited (CN603955) TOWER Property Nominees Limited (CN580655) FM Custodians Limited (CN1037365) Trustees Executors Custodians (Pacific) Limited (CN1045105) Trustees Executors Investments Limited (CN149596) Trustees Executors and Advisors Limited (CN632856) The Trustees, Executors, and Agency Company of New Zealand Limited (CN953926) TEA Custodians (Pioneer Capital) Limited (CN2023256) Equitable Property Holdings Limited (CN836907) TEA Custodians (Pacific) Limited (CN938618) Lighthouse Superannuation Nominees Limited (CN37388) T.E.A. Custodians Limited (CN280108) TEA Custodians (Interstar) Limited (CN896418) Trustees Executors Custodians (Foundation) Limited (CN1742138) Foundation Custodians Limited (CN1742098) TEL Mortgage Nominees (No 74) Limited (CN1897036) Tasman Funds Management Limited (CN550359) T.E.A. Custodians (SeniorCare) Limited (CN801179) PCS Investment Nominees Limited (CN849440) TEA Custodians (CHPT) Limited (CN939010) TEA Custodians (Bluestone) Limited (CN126490) Bonus Bonds Custodians Limited (CN474341) Trustees Executors Custodians (Interstar) Limited (CN1471871) TEA Custodians (Kauri) Limited (CN1810711) Trustees Executors Custodians (Finance Management) Limited (CN1939251) Trustees Executors Custodians (Pepper) Limited (CN3437891) Pepper New Zealand (Custodians) Limited (CN3437871) TEA Custodians (IEF) Limited (CN 3672173) TEL Security Trustee (LGFA) Limited (CN 3666012)	15 April 2008

Mighty River Power Share offer

2013-04-12T14:02:35+13:00

Mighty River Power share offer

FAQs for potential retail investors

The Mighty River Power Share Offer will open for applications on Monday, 15 April 2013.

You can view, download or print the Share Offer document from within New Zealand at www.mightyrivershares.govt.nz

When the Share Offer opens, shares can be bought directly. All applications for shares must be made on the application form accompanying the Share Offer document.

1. What is the Mighty River Power Share Offer?

The Government is planning to sell up to 49% of four state owned energy companies. These partial sales are expected to be achieved through a series of public share offers. New Zealanders will have the opportunity to buy shares in the companies.

The first of these sales is for shares in Mighty River Power Limited (MRP offer). The Government will sell up to 686 million shares in Mighty River Power and has said the shares are likely to list for between $2.35 and $2.80 a share. More information on the Government's mixed ownership model programme, of which the MRP offer forms part, can be found at www.governmentshareoffers.govt.nz

2. Can I still buy shares if I did not pre-register?

Potential investors from New Zealand were invited to register their interest in the MRP offer on the Government's website without any obligation to purchase shares, in order to help the Government gauge levels of interest in the offer.

Pre-registration was not necessary in order to buy shares. New Zealanders’ who did pre-register however, will be eligible for up to 25% more shares than someone who did not pre-register, in the event of scaling due to demand exceeding the number of shares available.

3. Do I need financial advice and when should I get this?

FMA encourages all potential investors to be fully informed before making decisions about investing.

If you are considering whether or not to invest, the most important source of information is the MRP offer investment statement and prospectus, available at www.mightyrivershares.govt.nz. These are available now so investors and their advisers have time to read information about the offer before making an investment decision.

Look first at the ‘Answers to Important Questions’ section which outlines the basic information you need to know, including: who is providing the offer; how much you will pay for the shares; the likely returns; the procedures and timeframes for making the investment; and the main investment risks.

Make sure you take time to read the offer document before you decide whether or not to invest. If you have more questions or don't understand what you are being invited to invest in then seek financial advice - see 'What sort of financial advice should I obtain and who can provide this for me?'

More information on investing in shares can be found at: https://www.governmentshareoffers.govt.nz/investing/

4. What sort of financial advice should I obtain and who can provide this for me?

There are two different types of advice relevant to the MRP offer:

Personalised advice - this is advice tailored to your personal circumstances about whether the shares are suitable for you, and can be provided by an Authorised Financial Adviser (AFA).

Class advice - this is generic advice relevant to a group or 'class' of people with similar characteristics and circumstances as you (such as age and risk appetite) and can be provided by an AFA, a Registered Financial Adviser (RFA) or a QFE Adviser (such as an adviser employed by a broker, bank or other financial institution). Class advice might also be issued generally by an entity such as a financial institution or bank. Class advice does not take into account your personal situation.

Ask the person who is providing you with advice to explain what sort of advice they are providing. If they can't give you a satisfactory explanation, then you may want to consider changing your adviser.

5. Do I have to obtain financial advice before I invest in MRP?

No, not necessarily. You can purchase shares on an 'information only' basis (sometimes called 'execution only' or 'direct') through a broker, or through some banks who are involved in the MRP offer or through other financial institutions. You can also purchase shares directly. You should however take steps to ensure you are fully informed about the MRP offer. See below: 'What else should I do before I make any decisions?'

6. What else should I do before I make any decisions?

We encourage all investors to understand what they are investing in. The best way to do this is to read the investment statement and prospectus. Start by looking at the Answers to Important Questions section in the investment statement: who is providing the offer; how much you will pay for the shares; the likely returns; the procedures and timeframes for making the investment; and the main investment risks. If the investment statement and prospectus have been combined into one document then you will find this important information at the front of the document and more detailed information on each of these topics as you read further into the document.

7. What if I don't have a financial adviser or an existing broker?

You can find a list of Authorised Financial Advisers on FMA’s website at: /help-me-invest/getting-financial-advice/find-an-adviser/

You can find a list of brokers here: https://www.nzx.com/investing/find_a_participant

8. How do I know if I am a wholesale or retail investor?

Most 'ordinary New Zealanders' are likely to be classed as 'retail investors' and are entitled to the full protections that are available in law when they make an investment. For example, they are entitled to receive the offer document containing required content, disclosure from their financial adviser and access to a dispute resolution scheme.

Experienced or habitual investors, or investors (such as companies or other entities) who meet certain prescribed asset criteria can be classed as 'wholesale' for investment and financial advice purposes and are not entitled to all those protections.

If you have been advised that you are a wholesale investor (or you have previously certified yourself as an eligible investor), and you are not sure what this means for you and for this offer, please talk to your adviser or broker about whether this classification is appropriate for the MRP offer. If they can't give you a satisfactory explanation, then you may want to consider changing your adviser.

9. Is this investment guaranteed by the Government?

No. The Government is selling the shares but this does not mean that it guarantees future returns from MRP shares or otherwise guarantees your investment. Look carefully at the sections in the investment statement and prospectus about returns and risks and look at the prospective financial information sections for the issuer's assessment of likely future prospects. Ask your financial adviser or broker to guide you through these sections if you are unsure.

10. Where can I find more information about investing generally?

You can find more information on investing, including goals and risk tolerance, developing an investment plan, choosing an investment and risks involved in investing at: /help-me-invest/investing-basics/

11. Where can I find more information about the offer?

Further information about the MRP offer can be found at:
https://www.governmentshareoffers.govt.nz/about/

FMA completes review of Mighty River Power offer document

2013-04-12T10:45:33+13:00

FMA completes review of Mighty River Power offer document

News release
12 April 2013

The Financial Markets Authority has completed its review of the Mighty River Power share offer document and is satisfied that it contains the information potential investors need to make an informed decision.

The offer document was registered last Friday, giving FMA five working days to review it before the allocation of shares begins.

FMA CEO, Sean Hughes, confirmed that due to the complex and significant nature of the listing, FMA engaged with Mighty River Power and the Crown well before the offer document was registered. This is in line with FMA’s guidance on Effective Disclosure published in June last year.

“FMA, Mighty River Power and the Crown worked constructively to ensure that the key information, including particularly the investment statement and principal risks, was presented clearly,” said Mr Hughes.

“The offer document is a significant source of information for anyone thinking of investing in a financial product, and while it’s not FMA’s role to endorse any offer, we are keen to work with issuers where we can.”

FMA has published a list of FAQs for potential retail investors on the Mighty River Power share offer including information on investing in shares, getting financial advice, and what you should do before making any decisions.

A copy of the FAQs can be found here.

Ends

Contact:
Tony Reid on 021 739 052 or tony.reid@fma.govt.nz

Auditor Regulation and Oversight Plan for three years ending 30 June 2015

2013-04-10T16:51:49+13:00

Auditor Regulation and Oversight Plan 2012

Auditor Regulation and Oversight Plan for three years ending 30 June 2015

Financial Reporting Updates and Guidance Notes

2013-04-08T12:34:00+13:00

The approach FMA takes to interpreting various requirements under legislation.

Guidance Note: Pre-prospectus publicity - some practical guidance for issuers and their advisers

Guidance Note: Effective Disclosure

Guidance Note: Disclosing non-GAAP financial information

2013 financial reports focus

Securities Act (Real Property Developments)

2013-04-05T16:36:32+13:00

Securities Act (Real Property Developments) Exemption Amendment Notice 2013

Securities Act (Mighty River Power Limited Crown share offer)

2013-04-05T13:48:52+13:00

Securities Act (Mighty River Power Limited Crown share offer) Exemption Notice 2013

Expires: Clauses 5 to 9: 31 March 2014;
Clauses 10 and 11: 30 November 2015

Securities Act (Mighty River Power Limited Crown share offer) Exemption Notice 2013

FMA signals its compliance focus for 2013

2013-04-04T15:56:38+13:00

FMA signals its compliance focus for 2013

News release
28 February 2013

The Financial Markets Authority (FMA) today released its compliance focus for 2013 which outlines FMA's priority areas for monitoring and surveillance over the next year.

The document details four major themes which will influence priorities: building customer trust; raising standards in existing regimes; embedding new regimes; and KiwiSaver.

FMA CEO Sean Hughes said "Signalling our focus for 2013 makes sense. It provides an opportunity for participants to assess their activities and take the necessary steps to improve compliance in these areas."

"The document is not intended to be a complete list of all the work we will do, but it outlines our priorities and overall regulatory approach. Priorities will evolve as we monitor financial markets and evaluate emerging risks, but we're anticipating that these themes will remain beyond 2013."

In addition to the four major themes, FMA will be placing significant emphasis on supporting participants and investors throughout the reconstruction of Christchurch.

"FMA's focus in 2013 will also support the Government's Business Growth Agenda, and specifically its Building Capital Markets initiatives launched yesterday."

Ends

Contact:
Scott McMurray on 029 222 0776 or scott.mcmurray@fma.govt.nz
A copy of FMA's Compliance Focus for 2013 can be viewed here. Copies will also be distributed to market participants. Additional copies can be supplied by contacting Danette Hunter at FMA on danette.hunter@fma.govt.nz.

AFA Monitoring Reports

2013-04-04T15:43:05+13:00

AFA Interim Monitoring Report

AFA Monitoring Report October 2012 - December 2012

AFA Monitoring Report July 2012 - September 2012

AFA Monitoring Report September 2011 - June 2012

Securities Act (BT Investment Management (RE) Limited and BT Investment Management (Fund Services) Limited)

2013-04-03T11:25:39+13:00

Securities Act (BT Investment Management (RE) Limited and BT Investment Management (Fund Services) Limited) Exemption Notice 2013

Update for 10073

2013-04-02T14:20:05+13:00

Update for 10073 (1)

2013-04-02T14:20:05+13:00

GENERATE KIWISAVER SCHEME

2013-04-02T14:20:05+13:00

Update for 10074

2013-04-02T14:20:05+13:00

BNZ KIWISAVER SCHEME

2013-04-02T14:20:05+13:00

Update for 10071

2013-04-02T14:20:04+13:00

NZ FUNDS KIWISAVER SCHEME

2013-04-02T14:20:04+13:00

Update for 10072

2013-04-02T14:20:04+13:00

Update for 10072 (1)

2013-04-02T14:20:04+13:00

IWIINVESTOR

2013-04-02T14:20:04+13:00

Update for 10069

2013-04-02T14:20:03+13:00

Update for 10069 (1)

2013-04-02T14:20:03+13:00

KIWIBANK KIWISAVER SCHEME

2013-04-02T14:20:03+13:00

Update for 10070

2013-04-02T14:20:03+13:00

Update for 10070 (1)

2013-04-02T14:20:03+13:00

BCF KIWISAVER SCHEME

2013-04-02T14:20:03+13:00

Update for 10068

2013-04-02T14:20:02+13:00

Update for 10068 (1)

2013-04-02T14:20:02+13:00

MILFORD KIWISAVER PLAN

2013-04-02T14:20:02+13:00

Update for 10065 (1)

2013-04-02T14:20:01+13:00

Update for 10065 (2)

2013-04-02T14:20:01+13:00

FORSYTH BARR KIWISAVER SCHEME

2013-04-02T14:20:01+13:00

Update for 10067

2013-04-02T14:20:01+13:00

Update for 10067 (1)

2013-04-02T14:20:01+13:00

FOODSTUFFS (WELLINGTON) KIWISAVER SCHEME

2013-04-02T14:20:01+13:00

MSF KIWISAVER SCHEME

2013-04-02T14:20:00+13:00

Update for 10064

2013-04-02T14:20:00+13:00

SRF KIWISAVER SCHEME

2013-04-02T14:20:00+13:00

Update for 10065

2013-04-02T14:20:00+13:00

HEXION KIWISAVER SCHEME

2013-04-02T14:19:59+13:00

Update for 10062

2013-04-02T14:19:59+13:00

FOODSTUFFS KIWISAVER SCHEME

2013-04-02T14:19:59+13:00

Update for 10063

2013-04-02T14:19:59+13:00

Update for 10063 (1)

2013-04-02T14:19:59+13:00

Update for 10063 (2)

2013-04-02T14:19:59+13:00

STEVENSON GROUP KIWISAVER SCHEME

2013-04-02T14:19:58+13:00

Update for 10058

2013-04-02T14:19:58+13:00

Update for 10058 (1)

2013-04-02T14:19:58+13:00

Update for 10058 (2)

2013-04-02T14:19:58+13:00

Update for 10056 (1)

2013-04-02T14:19:57+13:00

Update for 10056 (2)

2013-04-02T14:19:57+13:00

Update for 10056 (3)

2013-04-02T14:19:57+13:00

BROOK PROFESSIONAL KIWISAVER SCHEME

2013-04-02T14:19:57+13:00

Update for 10057

2013-04-02T14:19:57+13:00

Update for 10057 (1)

2013-04-02T14:19:57+13:00

Update for 10054

2013-04-02T14:19:56+13:00

Update for 10054 (1)

2013-04-02T14:19:56+13:00

RAVENSDOWN KIWISAVER SCHEME

2013-04-02T14:19:56+13:00

Update for 10056

2013-04-02T14:19:56+13:00

Update for 10052

2013-04-02T14:19:55+13:00

SMARTSHARES KIWISAVER SCHEME

2013-04-02T14:19:55+13:00

Update for 10053

2013-04-02T14:19:55+13:00

Update for 10053 (1)

2013-04-02T14:19:55+13:00

CRAIGS INVESTMENT PARTNERS kiwiSTART DEFINED SCHEME

2013-04-02T14:19:55+13:00

Update for 10048 (8)

2013-04-02T14:19:54+13:00

KOINONIA FUND

2013-04-02T14:19:54+13:00

Update for 10050

2013-04-02T14:19:54+13:00

Update for 10050 (1)

2013-04-02T14:19:54+13:00

PSBG KIWISAVER SCHEME

2013-04-02T14:19:54+13:00

Update for 10048 (3)

2013-04-02T14:19:53+13:00

Update for 10048 (4)

2013-04-02T14:19:53+13:00

Update for 10048 (5)

2013-04-02T14:19:53+13:00

Update for 10048 (6)

2013-04-02T14:19:53+13:00

Update for 10048 (7)

2013-04-02T14:19:53+13:00

NEW ZEALAND HARBOURS KIWISAVER SCHEME

2013-04-02T14:19:52+13:00

Update for 10048

2013-04-02T14:19:52+13:00

Update for 10048 (1)

2013-04-02T14:19:52+13:00

Update for 10048 (2)

2013-04-02T14:19:52+13:00

Update for 10045 (1)

2013-04-02T14:19:51+13:00

Update for 10045 (2)

2013-04-02T14:19:51+13:00

FIDELITY KIWISAVER SCHEME

2013-04-02T14:19:51+13:00

Update for 10046

2013-04-02T14:19:51+13:00

Update for 10046 (1)

2013-04-02T14:19:51+13:00

CRAIGS INVESTMENT PARTNERS kiwiSTART SELECT SCHEME

2013-04-02T14:19:50+13:00

Update for 10045

2013-04-02T14:19:50+13:00

LAW RETIREMENT KIWISAVER SCHEME

2013-04-02T14:19:49+13:00

Update for 10043

2013-04-02T14:19:49+13:00

Update for 10043 (1)

2013-04-02T14:19:49+13:00

DOUGLAS PHARMACEUTICALS KIWISAVER SCHEME

2013-04-02T14:19:48+13:00

Update for 10041

2013-04-02T14:19:48+13:00

Update for 10041 (1)

2013-04-02T14:19:48+13:00

Update for 10041 (2)

2013-04-02T14:19:48+13:00

Update for 10041 (3)

2013-04-02T14:19:48+13:00

Update for 10040

2013-04-02T14:19:47+13:00

Update for 10040 (1)

2013-04-02T14:19:47+13:00

Update for 10040 (2)

2013-04-02T14:19:47+13:00

Update for 10040 (3)

2013-04-02T14:19:47+13:00

Update for 10040 (4)

2013-04-02T14:19:47+13:00

Update for 10040 (5)

2013-04-02T14:19:47+13:00

Update for 10038

2013-04-02T14:19:46+13:00

Update for 10038 (1)

2013-04-02T14:19:46+13:00

MERCER SUPER TRUST KIWISAVER SCHEME

2013-04-02T14:19:46+13:00

Update for 10039

2013-04-02T14:19:46+13:00

Update for 10039 (1)

2013-04-02T14:19:46+13:00

TAIT COMMUNICATIONS KIWISAVER SCHEME

2013-04-02T14:19:46+13:00

Update for 10036 (1)

2013-04-02T14:19:45+13:00

ECOLAB KIWISAVER SCHEME

2013-04-02T14:19:45+13:00

Update for 10037

2013-04-02T14:19:45+13:00

Update for 10037 (1)

2013-04-02T14:19:45+13:00

Update for 10037 (2)

2013-04-02T14:19:45+13:00

MEDICAL ASSURANCE SOCIETY KIWISAVER PLAN

2013-04-02T14:19:45+13:00

Update for 10035 (1)

2013-04-02T14:19:44+13:00

Update for 10035 (2)

2013-04-02T14:19:44+13:00

Update for 10035 (3)

2013-04-02T14:19:44+13:00

Update for 10035 (4)

2013-04-02T14:19:44+13:00

AONSAVER (AMT) SCHEME

2013-04-02T14:19:44+13:00

Update for 10036

2013-04-02T14:19:44+13:00

Update for 10032 (6)

2013-04-02T14:19:43+13:00

FIRSTCHOICE KIWISAVER SCHEME

2013-04-02T14:19:43+13:00

Update for 10033

2013-04-02T14:19:43+13:00

FISHER FUNDS KIWISAVER SCHEME

2013-04-02T14:19:43+13:00

Update for 10035

2013-04-02T14:19:43+13:00

Update for 10032

2013-04-02T14:19:42+13:00

Update for 10032 (1)

2013-04-02T14:19:42+13:00

Update for 10032 (2)

2013-04-02T14:19:42+13:00

Update for 10032 (3)

2013-04-02T14:19:42+13:00

Update for 10032 (4)

2013-04-02T14:19:42+13:00

Update for 10032 (5)

2013-04-02T14:19:42+13:00

Update for 10030 (1)

2013-04-02T14:19:41+13:00

NATIONAL BANK KIWISAVER SCHEME

2013-04-02T14:19:41+13:00

Update for 10031

2013-04-02T14:19:41+13:00

Update for 10031 (1)

2013-04-02T14:19:41+13:00

WATERFRONT INDUSTRY KIWISAVER SCHEME

2013-04-02T14:19:41+13:00

Update for 10029

2013-04-02T14:19:40+13:00

Update for 10029 (1)

2013-04-02T14:19:40+13:00

Update for 10029 (2)

2013-04-02T14:19:40+13:00

ANZ KIWISAVER SCHEME

2013-04-02T14:19:40+13:00

Update for 10030

2013-04-02T14:19:40+13:00

STAPLES RODWAY KIWISAVER SCHEME

2013-04-02T14:19:39+13:00

Update for 10027

2013-04-02T14:19:39+13:00

Update for 10027 (1)

2013-04-02T14:19:39+13:00

LIFESTAGES KIWISAVER SCHEME

2013-04-02T14:19:39+13:00

Update for 10028

2013-04-02T14:19:39+13:00

SUPEREASY KIWISAVER SUPERANNUATION SCHEME

2013-04-02T14:19:39+13:00

Update for 10025

2013-04-02T14:19:38+13:00

Update for 10025 (1)

2013-04-02T14:19:38+13:00

GROSVENOR KIWISAVER SCHEME

2013-04-02T14:19:38+13:00

Update for 10026

2013-04-02T14:19:38+13:00

Update for 10026 (1)

2013-04-02T14:19:38+13:00

SIL KIWISAVER SCHEME

2013-04-02T14:19:37+13:00

Update for 10024

2013-04-02T14:19:37+13:00

Update for 10024 (1)

2013-04-02T14:19:37+13:00

GARETH MORGAN KIWISAVER SCHEME

2013-04-02T14:19:37+13:00

Update for 10022

2013-04-02T14:19:36+13:00

Update for 10022 (1)

2013-04-02T14:19:36+13:00

Update for 10022 (2)

2013-04-02T14:19:36+13:00

WESTPAC KIWISAVER SCHEME

2013-04-02T14:19:36+13:00

Update for 10023

2013-04-02T14:19:36+13:00

Update for 10006

2013-04-02T14:19:35+13:00

AON KIWISAVER SCHEME

2013-04-02T14:19:35+13:00

Update for 10021

2013-04-02T14:19:35+13:00

Update for 10021 (1)

2013-04-02T14:19:35+13:00

Update for 10021 (2)

2013-04-02T14:19:35+13:00

SUPERLIFE

2013-04-02T14:19:35+13:00

Update for 10004 (1)

2013-04-02T14:19:34+13:00

Update for 10004 (2)

2013-04-02T14:19:34+13:00

Update for 10004 (3)

2013-04-02T14:19:34+13:00

AMP KIWISAVER SCHEME

2013-04-02T14:19:34+13:00

Update for 10005

2013-04-02T14:19:34+13:00

ASB KIWISAVER SCHEME

2013-04-02T14:19:34+13:00

MERCER KIWISAVER SCHEME

2013-04-02T14:19:33+13:00

Update for 10003

2013-04-02T14:19:33+13:00

Update for 10003 (1)

2013-04-02T14:19:33+13:00

AMP WEALTH KIWISAVER SCHEME

2013-04-02T14:19:33+13:00

Update for 10004

2013-04-02T14:19:33+13:00

Update for 10002

2013-04-02T14:19:32+13:00

Update for 10002 (1)

2013-04-02T14:19:32+13:00

Update for 10002 (2)

2013-04-02T14:19:32+13:00

ONEPATH KIWISAVER SCHEME

2013-04-02T14:19:31+13:00

Update for 10001

2013-04-02T14:19:31+13:00

Update for 10001 (1)

2013-04-02T14:19:31+13:00

TOWER KIWISAVER SCHEME

2013-04-02T14:19:31+13:00

Monitoring and Surveillance

2013-03-28T12:36:43+13:00

How FMA will monitor reporting entities and its priorities.

It is important that market participants adapt to new regulatory obligations in a timely manner so that the regime can achieve its objectives for New Zealand. From July 2013 FMA will monitor that reporting entities are compliant with their obligations.

We expect all businesses to be ready to comply from the start of the regime. From 30 June 2013, we will monitor how entities assess and manage AML/CFT risks, with a focus on customer due diligence. Our monitoring will take account of our risk assessment of the sectors we supervise (see the report here). We will take action in instances of non-compliance.

A reporting entity must ensure that its risk assessment and AML/CFT programme are audited every two years or at any other time at the request of FMA. FMA may also request a copy of any audit report (section 59). FMA will use the audit report as a supervisory tool. It will give us a good insight into a reporting entity's AML/CFT compliance and be an effective way of helping us to supervise. If the audit report does not provide us with sufficient assurance that a reporting entity's compliance is robust and effective, we may adopt a more vigorous supervisory approach. View the Guideline for audits of risk assessments and AML/CFT programmes here.

Initial visit findings

FMA is working to set clear expectations in advance of the implementation of the regime. FMA has met with over 100 reporting entities to assess their readiness, and the size and nature of their business. We will take this into account when setting our monitoring priorities.

Following our visits, we wrote an open letter to managers of collective investment schemes, noting that outsourcing an activity does not absolve a reporting entity from its obligations under the Act.

FMA's overall compliance focus for 2013 includes more information on FMA's general themes and regulatory approach.

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2013-03-27T18:52:25+13:00

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2013-03-27T18:52:25+13:00

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2013-03-27T18:52:24+13:00

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2013-03-27T18:52:24+13:00

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About This Site

2013-03-27T18:52:24+13:00

The owner of this website is the Financial Markets Authority.

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2013-03-27T18:52:21+13:00

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2013-03-27T18:52:20+13:00

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