Media releases

Found 721 results. Displaying page 38 of 49

1. 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.
   
2. 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.
3. 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.
4. 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.
5. 20 May 2014

   Middle-income earners much more confident in New Zealand’s financial markets

   A Financial Markets Authority survey of New Zealanders’ attitudes to financial markets, released today, has found confidence in our financial markets is growing. Overall confidence has risen five points to 59 percent from 54 percent in 2013.
6. 16 May 2014

   Finance company legal adviser found guilty of fraud

   Hugh Edward Staples Hamilton (62) has been found guilty at the Auckland High Court of 14 charges arising out of the collapse of Belgrave Finance Limited. Read more.
7. 1 May 2014

   Cultural shift in financial services underway as once-in-a-generation Financial Markets Conduct Act takes effect

   The Chief Executive of the Financial Markets Authority, Rob Everett, says a long-term cultural shift – for the better – is underway in New Zealand financial services as the new Financial Markets Conduct Act 2013 takes effect.
8. 30 April 2014

   Survey shows investors look forward to easy-to-follow IPO offer documents

   A New Zealand investor survey conducted on behalf of the Financial Markets Authority and NZX shows there is good support for companies making initial public offerings (IPOs) among those who have invested in recent IPOs.
9. 27 March 2014

   Investors better informed about low ball offers

   FMA says in a report that new regulations are assisting investors to make better informed decisions about unsolicited or low ball offers. The report also acknowledges that companies whose investors have been targeted have contributed to investors being better informed.
10. 21 March 2014

    FMA files criminal charges following investigation into Viaduct and Mutual

    The Financial Markets Authority has filed charges under the Crimes Act and under the Companies Act against directors and another of Viaduct Capital Limited (in receivership) and Ex-MFL Limited (in Receivership) (formerly Mutual Finance Limited).
11. 12 March 2014

    Bridgecorp settlement

    The FMA has consented to an $18.9 million settlement between the receiver of Bridgecorp, the Bridgecorp directors, and their liability insurers. FMA has agreed to end its own civil proceedings against the Bridgecorp directors once the settlement sum has been paid. Read more.
12. 6 March 2014

    Contributory mortgage broker pleads guilty

    Prudential Mortgage Limited, a contributory mortgage broking firm, has been convicted and fined $2,000 for failing to deliver its annual report to the Registrar of Companies by 30 June 2013. Prudential pleaded guilty to the charge laid by the FMA. Read more.
13. 24 February 2014

    Settlement reached for Lombard (In Receivership) claims

    PwC, the Receivers of Lombard Finance & Investments Limited, have announced they have reached a settlement agreement with the Lombard Directors and a third party. Read more.
14. 19 February 2014

    Charges laid against contributory mortgage brokers

    The Financial Markets Authority (FMA) has charged two contributory mortgage brokers (Prudential Mortgage Limited and First Mortgage Investments Limited) with failing to deliver annual reports. Read more.
15. 17 December 2013

    FMA guidance helps consumers access financial advice

    The Financial Markets Authority has released guidance documents to help financial advisers give high-quality personalised advice.