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Found 3230 results. Displaying page 212 of 216

  1. 6 June 2011

    Zero Commission NZ Limited

    FMA asked Zero for an enforceable undertaking and to include a statement provided by FMA at the beginning of the unsolicited offers to ensure that investors make an informed decision. Read more.
    Tags
    Enforceable undertaking, Powers, Enforcement
    Type
    Page

  2. 13 December 2011

    Kiwi Finance Limited

    This undertaking by Kiwi Finance directors(Rhys Anthony Greensill, Rodney Seymour Roberts Greensill, Barry Noel Lambert and Christopher Bruce Simkin) was accepted by FMA to conclude its civil claim investigations after Kiwi Finance went into receivership in April 2008. It resulted in full restitution of investors' funds, together with an enforceable undertaking from the Directors. Read more.
    Tags
    Enforceable undertaking, Powers, Enforcement
    Type
    Page

  3. 13 July 2012

    Robert Ross and Ross Investments (Aust) Pty Limited

    Ross Investments (Aust) Pty Limited and Robert Ross entered into an enforceable undertaking to include FMA statement in unsolicited offer documents made before 1 December 2012. Read more.
    Tags
    Enforceable undertaking, Powers, Enforcement
    Type
    Page

  4. 22 December 2023

    CBL

    FMA has reached agreement with CBL Corporation Limited (In Liquidation) (CBLC) and four of CBL's former directors in respect of the FMA's claims of continuous disclosure breaches and misleading conduct
    Tags
    Court – civil, Powers, Enforcement
    Type
    Page

  5. 21 July 2023

    Forestlands and director Rowan Charles Kearns

    Rowan Kearns, the founder and sole director of the Forestlands group of companies, was sentenced yesterday to four months’ community detention and 100 hours’ community work with a 9pm – 7am curfew.
    Tags
    Court – criminal, Powers, Enforcement
    Type
    Page

  6. 5 October 2023

    Barry Kloogh (Financial Planning Limited and Impact Enterprises Limited)

    Mr Kloogh was offering brokering services to clients through the first defendant, Financial Planning Ltd, and the second defendant, Impact Enterprises Ltd, although neither they nor he was registered to offer broking services. The FMA referred the matter to the Serious Fraud Office.
    Tags
    Court – criminal, Licence cancellation, Powers, Enforcement
    Type
    Page

  7. 21 July 2023

    Oceania Natural Limited (ONL) and associated individuals

    FMA alleged breaches of market manipulation prohibitions and the disclosure obligations in the Financial Markets Conduct Act 2013. Read more.
    Tags
    Market manipulation, Court – civil, Powers, Enforcement
    Type
    Page

  8. 17 January 2023

    Cigna Life Insurance New Zealand Limited

    Cigna Life Insurance New Zealand Limited has admitted to making false and/or misleading representations to customers in proceedings brought by the FMA. This page documents the timeline of enforcement activity.
    Tags
    Misleading statement, Court – civil, Powers, Enforcement
    Type
    Page

  9. 5 July 2023

    Validus and its associated persons

    The FMA has made a permanent stop order that applies to Validus International LLC, Validus-FZCO, and associated persons of Validus, using the FMA’s powers under the Financial Markets Conduct Act 2013.
    Tags
    Stop Order, Powers, Enforcement
    Type
    Page

  10. 19 October 2022

    InvestNow Saving and Investment Service Limited

    The FMA has issued a formal warning to InvestNow Saving and Investment Service Limited for failing to comply with the Anti-Money Laundering and Countering Financing of Terrorism (AML/CFT) Act.
    Tags
    Powers, AML/CFT, Roles, Formal warning, Business, Enforcement
    Type
    Page

  11. 11 April 2016

    Stephen Duff

    Stephen Duff (also known as Nick Duff) offered, and the FMA accepted, the attached Enforceable Undertaking pursuant to section 46 of the Financial Markets Authority Act 2011. Read more.
    Tags
    Enforceable undertaking, Powers, Enforcement
    Type
    Page

  12. 18 December 2015

    Excelsior Markets Limited (Excelsior)

    FMA considered Excelsior's New Zealand FSP registration to be misleading. and directed that it be deregistered as an FSP.
    Tags
    Licence cancellation, Powers, Enforcement
    Type
    Page

  13. 25 June 2015

    David Ross and Ross Asset Management Limited

    The criminal proceeding brought against Mr Ross by FMA relates to allegations of breaches of the Financial Markets Act, Financial Advisers Act and Financial Service Providers Act. Read more.
    Tags
    Court – criminal, Powers, Enforcement
    Type
    Page

  14. 13 July 2015

    David John Hobbs and Jacqueline Hobbs

    The Financial Markets Authority (FMA) has accepted enforceable undertakings from David John Hobbs and Jacqueline Hobbs, limiting their activities in New Zealand’s financial markets. Read more.
    Tags
    Enforceable undertaking, Powers, Enforcement
    Type
    Page

  15. 25 September 2015

    OPI Finance Limited

    In our first action against market participants based overseas, we charged four Australian-based directors of OPI Pacific Finance Limited (in receivership and in liquidation) for suspected misconduct in relation to its collapse. Read more.
    Tags
    Court – criminal, Powers, Enforcement
    Type
    Page