Listed below are individuals who are precluded from engaging in certain activities in respect of the governance and/or management of companies as a consequence of action taken by the FMA.
If a person is convicted of an offence against section 58 of the Securities Act 1978 (Securities Act), under section 60E of the Securities Act they are automatically banned for a period of 5 years from the date they are convicted, from being:
The FMA considers that this means that they are not permitted to do any of the following:
The following activities may be permitted:
 Tregurtha v Police HC Auckland AP123/93, 15 October 1993.
If a person is convicted of a dishonesty offence under the Crimes Act 1961 they are automatically banned from being a director, promoter or taking part in the management of a company for a period of 5 years after the conviction/judgment by section 382 of the Companies Act 1993.
If a person is convicted of offences under the Securities Act and the Crimes Act, they will be subject to Securities Act and Companies Act management bans, each running from the relevant date (date of conviction under the Securities Act, date of conviction or judgment under the Companies Act).
The individuals can provide undertakings to the FMA pursuant to s46 of the Financial Markets Authority Act 2011, not to be a director, promoter and/or involved in the management of either a company and/or a company which is an issuer of securities to the public for an agreed term.
Search for disqualified directors on the Companies Office website
|Director||Ban commenced||Ban ends||Under Act/undertaking|
|ROSS David Robert Gilmour||15/11/2013||15/11/2018||s382 Companies Act|
|HAMILTON Hugh Edward Staples||16/05/2014||16/05/2019||s382 Companies Act|
|MAYWALD Jason Robert Duncan||21/08/2015||21/08/2020||s60E Securities Act|
|LACY Mark Lawrence||21/08/2015||21/08/2020||s60E Securities Act|
|WHITE Craig Robert||18/09/2015||18/09/2020||s60E Securities Act|
|ANDERSON David Mark||25/09/2015||25/09/2020||s60E Securities Act|
|FINNIGAN Kerry||05/06/2014||05/06/2019||Strategic Finance Limited - Undertaking|
|LINDALE Marcel Aubrey||05/06/2014||05/06/2019||Strategic Finance Limited - Undertaking|
|JACKSON Graham Edward||05/06/2014||05/06/2019||Strategic Finance Limited - Undertaking|
|THOM Denis Grenville||05/06/2014||05/06/2019||Strategic Finance Limited - Undertaking|
|WOLFENDEN David John||05/06/2014||05/06/2019||Strategic Finance Limited - Undertaking|
|RICH Timothy John||05/06/2014||05/06/2019||Strategic Finance Limited - Undertaking|
|ALCOCK Murray Rex||31/10/2014||31/10/2019||SPI Directors - Undertaking|
|KNIGHT Allister Ronald||31/10/2014||31/10/2019||SPI Directors - Undertaking|
|HOBBS David John||09/07/2015||Permanent ban||David John Hobbs and Jacqueline Hobbs - Undertaking|
|HOBBS Jacqueline||09/07/2015||09/07/2019||David John Hobbs and Jacqueline Hobbs - Undertaking|
|DUFF Stephen (also known as Nick)||06/04/2016||06/04/2021||Stephen Duff - Undertaking|
|HARDING Andrew John||16/07/2010||Permanent ban||Will not be a director or promoter of or in any way concerned in management of an incorporated or unincorporated body in New Zealand (except an overseas company or an incorporated or unincorporated body that does not carry on business in New Zealand).|
|SCHOLFIELD Murray||16/07/2010||Permanent ban||Will not be a director or promoter of or in any way concerned in management of an incorporated or unincorporated body in New Zealand (except an overseas company or an incorporated or unincorporated body that does not carry on business in New Zealand).