Media releases – 2012

Found 762 results. Displaying page 41 of 51

1. 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.
2. 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.
3. 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.
4. 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.
5. 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.
6. 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.
7. 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).
8. 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.
9. 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.
10. 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.
11. 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.
12. 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.
13. 5 December 2013

    FMA releases audit quality report

    The Financial Markets Authority (FMA) says its first audit quality review shows there is work to be done to meet the required standards.
14. 5 December 2013

    FMA releases stakeholder feedback report

    The Financial Markets Authority (FMA) has released the findings of the 2013 FMA stakeholder feedback report.
15. 28 November 2013

    FMA announces new Chief Executive

    The Financial Markets Authority (FMA) has appointed Rob Everett as its new Chief Executive, effective 3 February 2014.