Media releases – 2013

Found 722 results. Displaying page 37 of 49

1. 8 September 2014

   FMA talking investment risk for Money Week

   The Financial Markets Authority (FMA) has announced its plans for this year's Money Week from October 13-19 2014. The FMA will be hosting a panel discussion to promote greater understanding of investment risk.
2. 20 August 2014

   FMA files civil proceedings against trustee

   The FMA has filed civil proceedings against Prince and Partners Trustee Company Limited, using the powers of section 34 of the Financial Markets Authority Act. Prince was the trustee for finance company Viaduct Capital Limited. Read more.
3. 12 August 2014

   Strategic Finance settlement proceeds to first distribution

   In June this year PwC Partners John Fisk and Colin McCloy, as Receivers of Strategic, together with the Financial Markets Authority, announced they had finalised a $22 million settlement agreement with the former directors and auditors of Strategic.
4. 7 August 2014

   Brian Henry admits market manipulation

   Brian Peter Henry has admitted all of the FMA's allegations that he breached the market manipulation prohibitions in the Securities Markets Act 1988. Read more.
5. 31 July 2014

   FMA issues first equity crowd funding licences

   The Financial Markets Authority today issued its first equity crowd funding licences under the Financial Markets Conduct Act 2013.
6. 11 July 2014

   Director pays the penalty for failing to file financial statements on time

   Ross Anthony Collins, director, is to pay a fine of $30,000 for breaches of the Financial Reporting Act 1993 (FRA). Read more.
7. 8 July 2014

   FMA issues New Zealand’s first licence for peer-to-peer lending services

   The Financial Markets Authority (FMA) has issued its first peer-to-peer lending service licence. Auckland-based Harmoney is the first provider of this new financial service, under the provisions of the Financial Markets Conduct Act 2013.
8. 4 July 2014

   Joint finance company prosecutions promote renewed public confidence and ethical conduct in financial markets

   Lawyer, Hugh Edward Staples Hamilton (63), who was found guilty of fraud in relation to the collapse of Belgrave Finance Limited (Belgrave), has been sentenced at the Auckland High Court today to four years and nine months’ imprisonment. read more.
9. 3 July 2014

   Consequences for failing to comply with financial statement filing obligations

   The Financial Markets Authority (FMA) has filed charges against the directors of eight companies that raise funds from the public, for breaches of the Financial Reporting Act (FRA). Read more.
10. 30 June 2014

    FMA publishes annual review of NZX regulatory obligations; 11 agreed actions

    The FMA’s report confirms that NZX met its obligations, under the Securities Markets Act 1988, to ensure that its markets were fair, orderly, and transparent. The review covered the period January – December 2013.
11. 18 June 2014

    FMA releases guide to help smaller financial adviser businesses with the licensing process for DIMS

    Following changes to the regulation of Discretionary Investment Management Services (DIMS) announced Monday 16 June, by Commerce Minister, Craig Foss, the Financial Markets Authority (FMA) has released a guide to help advisers and small businesses who want to apply for a licence to provide DIMS under the Financial Markets Conduct Act
12. 17 June 2014

    Regulation of financial services promotes greater choice and boosts productivity

    FMA CEO Rob Everett has called on business to support New Zealand’s new regulatory regime - in financial services and in business generally - so that New Zealand enjoys more sustained, stronger economic growth.
    
13. 6 June 2014

    Statement of clarification on Abano Healthcare Group Ltd (NZX:ABA)

    The Financial Markets Authority (FMA) today clarified statements that have apparently been made in communications with shareholders in Abano Healthcare Group Ltd.
14. 5 June 2014

    FMA confirms settlement with Strategic Finance Directors and Auditors

    FMA and the Receivers of Strategic, John Fisk and Colin McCloy of PwC, have finalised a settlement with the directors and auditors of Strategic. Under the terms of the settlement, the directors and auditors will pay to the Receivers of Strategic $22 million. Read more.
15. 29 May 2014

    FMA issues formal warning to St Laurence directors - investigation closed

    The Financial Markets Authority (FMA) has closed its investigation into St Laurence Limited (in liquidation) and has formally warned eight directors of St Laurence Limited in respect of potential breaches of the Securities Act.