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Found 4106 results. Displaying page 239 of 274

  1. 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

  2. 24 April 2012

    Sean Wood

    Sean Wood appealed against a Financial Markets Authority decision to decline his application for authorisation as an Authorised Financial Adviser (AFA). Read more.
    Tags
    Powers, Licence cancellation, Enforcement
    Type
    Page

  3. 15 October 2013

    FMP Medical Services Limited

    Financial Markets Authority made orders under section 43G{l}(c} and section 43F(l}(a} of the Securities Act 1978, cancelling registration of the registered combined prospectus and investment statement for an issue of equity securities of FMP Medical Services Limited and prohibiting the distribution of the Offer Document. Read more.
    Tags
    Stop Order, Powers, Enforcement
    Type
    Page

  4. 3 October 1994

    Power New Zealand Limited

    The decision of the Securities Commission in respect of an appeal under Section 69 Securities Act 1978 by Power New Zealand Limited against a decision of the Registrar to refuse registration of the prospectus. Read more
    Tags
    Enforceable undertaking, Powers, Enforcement
    Type
    Page

  5. 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

  6. 13 March 2024

    Natalie Ann Carter

    Between 2018 and 2020, former financial adviser, Ms Carter created various false documents for the purpose of obtaining home loans for herself and two clients.This page documents the case against Ms Carter.
    Tags
    Court – criminal, Powers, Enforcement
    Type
    Page

  7. 11 October 2023

    Kiwibank

    The FMA filed High Court civil proceedings against Kiwibank for making false and/or misleading representations, under the fair dealing provisions of the Financial Markets Conduct Act (FMC Act). Read the case timeline on this page.
    Tags
    Cases, Court – civil, Powers, Enforcement
    Type
    Page

  8. 7 March 2024

    Tower Limited

    FMA filed civil proceedings against Tower Limited (Tower) for failing to apply multi policy discounts to eligible customers’ premiums, resulting in approximately $9.5 million* in overcharges. This page details out the background of the case and any associated communications resulting from the case.
    Tags
    Cases, Court – civil, Powers, Enforcement
    Type
    Page

  9. 29 June 2023

    Tiger Brokers (NZ) Limited

    The Auckland High Court has ordered Tiger Brokers (NZ) Limited to pay $900,000 for breaching the Anti-Money Laundering and Countering Financing of Terrorism (AML/CFT) Act 2009, in proceedings brought by the FMA.  
    Tags
    AML/CFT, Roles, Formal warning, Powers, Business, Enforcement
    Type
    Page

  10. 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

  11. 20 October 2022

    Williams Corporation Capital Partnership GP Limited

    The FMA has issued a formal warning to Williams Corporation Capital Partnership GP Limited following concerns that they may have failed to give disclosures to investors as required by Part 3 of the Financial Markets Conduct Act 2013 because it relied on the wholesale investor exclusion in circumstances where they were not entitled to. This is because some eligible investor certificates were incomplete.
    Tags
    Offer disclosure for equity and debt offers, Wholesale investing, Roles, Ways to invest, Investing, Conduct, Formal warning, Powers, Business, Consumer, Enforcement
    Type
    Page

  12. 20 October 2022

    Jasper NZ Investments Limited

    The FMA has issued a formal warning to Jasper NZ Investments Limited following concerns that it may have failed to give disclosures to investors as required by Part 3 of the Financial Markets Conduct Act 2013 because it relied on the wholesale investor exclusion in circumstances where they were not entitled to. This is because some eligible investor certificates were incomplete.
    Tags
    Wholesale investing, Roles, Ways to invest, Investing, Conduct, Offer information, Offers of financial products, Formal warning, Powers, Business, Consumer, Enforcement
    Type
    Page

  13. 29 March 2023

    Vanguard

    FMA has issued a formal warning to Vanguard, for failing to lodge a required notice on the New Zealand Companies Office Disclose Register. A notice should have been lodged of an exercise of power taken against it, by the Australian Securities and Investment Commission (ASIC).
    Tags
    Formal warning, Powers, Enforcement
    Type
    Page

  14. 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

  15. 20 October 2022

    Provincia Property Fund Limited

    The FMA has issued a formal warning to Provincia Property Fund Limited following concerns that they may have failed to give disclosures to investors as required by Part 3 of the Financial Markets Conduct Act 2013 because it relied on the wholesale investor exclusion in circumstances where they were not entitled to. This is because some eligible investor certificates were incomplete.
    Tags
    Offer disclosure for equity and debt offers, Wholesale investing, Roles, Ways to invest, Investing, Conduct, Offers of financial products, Formal warning, Powers, Business, Consumer, Enforcement
    Type
    Page