Media releases – 2010

Found 754 results. Displaying page 49 of 51

1. 31 March 2011

   D-day for Financial Advisers

   From 1 April, all financial advisers, or the companies they work for, have to be registered on the online Financial Service Providers Register, www.fspr.govt.nz. Advisers who should be on the register, but aren't risk hefty penalties.
2. 29 March 2011

   Commission Releases Risk Assessment for Sector

   The Securities Commission today released a risk assessment to help those it is responsible for supervising prepare to meet upcoming requirements of the Anti-Money Laundering and Countering the Financing of Terrorism Act 2009.
3. 24 March 2011

   Whimp Partnerships Injuncted at Securities Commission's Request

   The High Court, on application from the Securities Commission, has granted interim injunctions to stop shares being transferred to limited partnerships associated with Mr Bernard Whimp. Read more.
4. 18 March 2011

   Securities Commission Orders Whimp Partnerships to Correct 'Low Ball' Offers

   The Securities Commission has made orders against limited partnerships associated with Mr Bernard Whimp. The orders follow misleading offers made by the limited partnerships to buy shares in a number of listed companies. Read more.
5. 14 March 2011

   First QFEs Granted

   The first Qualifying Financial Entities (QFEs) licences have been granted signalling the next step in the implementation of the new financial advisers regulatory regime.
6. 4 March 2011

   Nathans' Director Pleads Guilty to Securities Commission Charges

   John Hotchin, a former director of Nathans Finance NZ Limited (in receivership) ('Nathans') has pleaded guilty to three charges laid by the Securities Commission under section 58 of the Securities Act 1978. Read more.
7. 23 February 2011

   Securities Commission and Nuplex Reach Settlement

   The Securities Commission and Nuplex Industries Limited have reached a full and final settlement of the matters raised in the Commission's proceedings. Read more.
8. 1 February 2011

   Commission Takes Action Against Insured Group

   The Securities Commission has commenced civil proceedings against Insured Group Limited, formerly known as Lombard Group Limited, in relation to alleged breaches in 2007 and 2008 of the continuous disclosure provisions of the Securities Markets Act 1988. Read more.
9. 22 December 2010

   New Conditions for Qualifying Financial Entities

   The Securities Commission has published the standard conditions Qualifying Financial Entities (QFEs) will need to abide by when their employees and representatives give financial advice.
10. 21 December 2010

    Review Highlights Need for Better Valuation Disclosure (Dec-2010)

    Securities issuers need to include more information on how their financial assets and liabilities have been valued, says Securities Commission Chairman Jane Diplock.
11. 15 December 2010

    Hotchin's Assets Frozen on Commission Request

    The High Court granted interim asset preservation orders in respect of assets believed to be associated with former Hanover director Mark Hotchin to the Securities Commission(FMA's predecessor). Read more.
12. 3 December 2010

    Commission Releases Information on Finance Company Investigations

    The Securities Commission has released information about the status of its investigations into 50 failed finance companies.
13. 1 December 2010

    Financial Advisers Regulatory Regime Comes Into Force

    The new regulatory regime for financial advisers begins today, with the first Authorised Financial Advisers receiving their certificates of authorisation at a ceremony in Auckland from Commissioner for Financial Advisers, David Mayhew. The regulatory regime will be phased in between today and 1 July 2011.
14. 16 November 2010

    Commission's Review Highlights Continuing Need for Greater Transparency

    The Securities Commission's latest review of financial reporting standards continues to highlight the need for a greater focus on transparency.
15. 28 October 2010

    Adviser Regulation Ready To 'Go-Live' On 1 December

    The Commissioner for Financial Advisers has taken the last formal step required for the introduction of the new financial advisers regulatory regime, with publication in the Gazette that 1st December 2010 will be the date on which the Code of Professional Conduct for Authorised Financial Advisers (AFAs) comes into effect.