30 Sept 2015 quarterly reporting on limit breaks and related party certificates due.
Only continuous issuers and entities that did not require a prospectus as a result of a FMA exemption can continue to offer under the Securities Act. Read more ›
AFAs who are personalised DIMS providers must have sent written notice to existing clients regarding description of service and scope of investment authority, comply with ongoing and annual reporting obligations.
The FMA warns the public not to invest money through www.mercerfx.com. This website refers to Mercer Capital New Zealand and Mercer Capital Limited. Neither company is registered on the Financial Service Providers Register (FSPR).
The directors of SPI Property Fund Limited, Allister Knight and Murray Alcock, have completed the repayment in full of the outstanding principal of $601,394.12 owed to investors of SPI Property Fund Limited.
Submissions close on Thursday 8 October. Read more >
We are consulting on whether charities issuing debt securities should be subject to standard Financial Markets Conduct Act 2013 (FMC Act) obligations.
Submissions close on Thursday 5 November. Read more >
Submissions close Friday 6 November. Read more >
Arena Capital Limited was placed into liquidation in the Christchurch High Court on 24 July 2015. Korda Mentha (the current receivers of Arena) have been appointed as liquidators. The receivers’ update to the Companies Office can be found here and the amended update on the KordaMentha website noting the liquidation of Arena can be found here.
Update: Further details here about the next steps in the distribution process for eligible investors, being administered by Deloitte.
The FMA and former directors of the Hanover Finance Companies and former directors of Hanover Group Limited have reached a settlement of the civil proceedings commenced by the FMA in March 2012. Find out more here.
Deloitte has been appointed to design, manage and oversee the distribution process. More information can be found here.
In October 2014, Allister Knight and Murray Alcock (the Directors) offered Enforceable Undertakings to FMA relating to entities comprising the SPI group of companies, pursuant to section 46 of the FMA Act 2011.