Enforceable Undertakings

Enforceable undertakings are written undertakings by parties that have been accepted by the Financial Markets Authority under section 46 of the Financial Markets Authority Act 2011. They are enforceable by the Court if a party fails to fulfil the undertaking.

Generally a party that offers FMA an enforceable undertaking has acknowledged non-compliance with securities law or financial markets legislation, and agreed to take specific steps to address the breach.

FMA will accept an enforceable undertaking when we consider this to be the most appropriate outcome. Accepting an undertaking does not prevent FMA from exercising any of our other enforcement powers.

Date Item Title Details for BasicRegistryItem
5 June 2014 Enforceable Undertaking from Strategic Finance Directors

Date: 2014-06-05

Title: Enforceable Undertaking from Strategic Finance Directors

7 November 2012 Zero Commission NZ Limited (for unsolicited offers made before 1 December 2012)

Date: 2012-11-07

Title: Zero Commission NZ Limited (for unsolicited offers made before 1 December 2012)

13 July 2012 Ross Investments (Aust) Pty Limited and Robert Ross (for unsolicited offers made before 1 December 2012)

Date: 2012-07-13

Title: Ross Investments (Aust) Pty Limited and Robert Ross (for unsolicited offers made before 1 December 2012)

10 April 2012 VonWin Capital Management, L.P. (for unsolicited offers made before 1 December 2012)

Date: 2012-04-10

Title: VonWin Capital Management, L.P. (for unsolicited offers made before 1 December 2012)

13 December 2011 Enforceable Undertaking from Kiwi Finance Directors

Date: 2011-12-13

Title: Enforceable Undertaking from Kiwi Finance Directors

17 October 2011 Stock & Share Trading Company Pty Limited (for unsolicited offers made before 1 December 2012)

Date: 2011-10-17

Title: Stock & Share Trading Company Pty Limited (for unsolicited offers made before 1 December 2012)

16 July 2010 Finance and Investments Partners Enforceable Undertaking

Date: 2010-07-16

Title: Finance and Investments Partners Enforceable Undertaking

22 June 2010 ANZ National Bank Limited and ING (NZ) Limited

Date: 2010-06-22

Title: ANZ National Bank Limited and ING (NZ) Limited

7 April 2008 Foodstuffs (Wellington) Co-Operative Society Limited

Date: 2008-04-07

Title: Foodstuffs (Wellington) Co-Operative Society Limited

20 June 2007 Contributory Mortgage Investments Limited

Date: 2007-06-20

Title: Contributory Mortgage Investments Limited

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