Luigi Wewege firm FMA appeal kicks off today

A firm directed by Luigi Wewege has been kicked off the Financial Service Providers Register. Photo / Doug Sherring

A firm directed by Luigi Wewege, one of the central protagonists in the Len Brown infidelity scandal, will today appeal being kicked off the Financial Service Providers Register by market regulators.

In June the Financial Markets Authority said Vivier & Company had been deregistered as part of the regulator's ongoing review of the register.

The FMA would not say why.

The company, which lists Wewege as one its directors, has challenged the move and last month got a judge to temporarily halt the deregistration pending the appeal.

That appeal, according to the High Court list, is scheduled to begin in Wellington this morning.
Wewege, who helped expose Auckland mayor Len Brown's affair with Bevan Chuang, is one of Vivier & Company's five directors.

New Zealand registered Vivier & Company was incorporated in 2001 and offers savings accounts featuring "above average returns without market risk volatility", according to its website.