Media releases – 2011

Found 735 results. Displaying page 44 of 49

1. 24 April 2012

   Court supports FMA adviser decision

   The Wellington District Court has dismissed an appeal by Sean Wood against a Financial Markets Authority decision to decline his application for authorisation as an Authorised Financial Adviser (AFA). Read more.
2. 20 April 2012

   FMA welcomes ruling on Hotchin asset preservation orders

   The CoA has dismissed an appeal by former Hanover director Mark Hotchin on asset preservation orders obtained by the FMA. Read more.
3. 12 April 2012

   FMA calls for submissions on exemption reviews

   The Financial Markets Authority is seeking submissions from market participants, investors, representatives and advisers on review of 44 class exemption notices due to expire later this year.
4. 5 April 2012

   FMA publishes revised draft guidance on effective disclosure

   The Financial Markets Authority has published their revised draft guidance note for issuers, directors and advisers on preparation of effective disclosure documents.
5. 5 April 2012

   FMA welcomes Bridgecorp verdicts

   Justice Venning found Rodney Petricevic and Robert Roest guilty on charges of breaching the Crimes Act 1961, the Companies Act 1993, and the Securities Act 1978 and found Peter Steigrad guilty on charges of breaching the Securities Act 1978. Read more.
6. 14 March 2012

   FMA to issue revised draft guidance note on effective disclosure in offer documents

   The Financial Markets Authority is topublish a revised draft of its guidance note by 2 April 2012 and invites further submissions from the market.
7. 29 February 2012

   FMA warns of illegal offer by Makko Securities to advise on Facebook IPO

   The Financial Markets Authority is warning the public of an illegal offer by Makko Securities and its Senior Account Manager, Roy Lochen, to provide broking services in relation to the proposed Initial Public Offering of Facebook and other securities.
8. 26 January 2012

   FMA to issue guidance on effective disclosure in offer documents

   The Financial Markets Authority has published draft guidance for securities issuers, directors and their advisers on how to prepare and present effective prospectuses and investment statements.
   
9. 19 January 2012

   FMA and SFO sign Memorandum of Understanding

   The Financial Markets Authority (FMA) and the Serious Fraud Office (SFO) have signed a Memorandum of Understanding (MOU) which will enhance their already close working relationship and drive greater efficiencies between the two agencies.
10. 21 December 2011

    FMA advises investors who receive unsolicited offers for their shares or other securities to seek advice

    FMA asked VonWin Capital Management L.P. and Stock & Share Trading Company Pty Ltd for an enforceable undertaking and to include a statement provided by FMA at the beginning of any unsolicited offer they send to investors to ensure they make an informed decision. Read more.
11. 15 December 2011

    FMA to file civil proceedings against directors and promoters of the Hanover group

    The Financial Markets Authority announced that it proposes to file civil proceedings against directors and promoters of Hanover Finance Ltd, Hanover Capital Ltd, and United Finance Ltd in 2012. Read more.
12. 13 December 2011

    FMA announces full repayment of funds for Kiwi Finance investors

    The Financial Markets Authority announced that debenture investors in Kiwi Finance Ltd will receive full reimbursement and are to be repaid approximately $1.2 million. Read more.
13. 7 December 2011

    FMA completes strategic leadership team with two further appointments

    The Financial Markets Authority has completed the recruitment of its strategic leadership team with two further appointments reporting to Chief Executive Sean Hughes.
14. 7 December 2011

    FMA to support South Canterbury Finance prosecution

    The Financial Markets Authority has completed its criminal investigation of South Canterbury Finance (SCF) and will support the Serious Fraud Office's case against five individuals involved with SCF's affairs. Read more.
15. 17 November 2011

    FMA releases results of stakeholder research findings

    FMA has published on its website a report written by management consultants Oliver Wyman detailing the findings of local stakeholder research. The research was conducted at the point FMA was established earlier in 2011.