
Knock-back for Ross ponzi investors
The Commerce Minister has rejected a request from David Ross' burned investors to look into the country's claw-back regime as the first court case looms.
The Commerce Minister has rejected a request from David Ross' burned investors to look into the country's claw-back regime as the first court case looms.
New Zealand’s market watchdog has confirmed it won’t take any action following its inquiry into South Canterbury Finance.
Institutional shareholders need to place more focus on demanding quality corporate governance from firms they have investments in, says FMA chief executive Rob Everett.
The Financial Markets Authority has warned it may name and shame banks or even restrict their licences if alleged KiwiSaver mis-selling and switching practices are allowed to continue.
The market watchdog is targeting the estate of deceased director Terry Butler in its lawsuit against the former board of Dominion Finance.
The FMA is targeting the estate of deceased director Terry Butler in its lawsuit against the former board of Dominion Finance.
The FMA says it would prefer to settle its civil action against six businessmen associated with Hanover Finance, and its chief executive says he is "still hopeful" a deal can be reached.
Sue Brown, corporate partner at law firm DLA Phillips Fox and former FMA executive says there's an important choice to be made today - when the Financial Markets Conduct Act comes fully into effect.
New Zealand's market watchdog has declined only one financial adviser application since the collapse of David Ross' Ponzi scheme two years ago.
The FMA has licensed Armillary Capital's equity crowd funding platform, Crowdcube.
The boss of the FMA says poor KiwiSaver advice and reckless selling of financial products will be key focus areas for the regulator.
New Zealanders have a solid understanding of low risk investments such as term deposits, but are less knowledgeable about more risky options like shares, according to research commissioned by the....
Debt collectors and repo men need to clean up their act says the Commerce Commission, which next year gets new powers to directly crack down on shoddy practices.
More than 800 customers of a consumer loans company will get back $3.3 million after they were overcharged for interest and fees.
The Financial Markets Authority has today issued a warning about General Equity, which it considered has "engaged in misleading and deceptive conduct."
New Zealand's financial regulator spent $400,000 more investigating and chasing Brian Henry for market manipulation than it got back from him in penalties.
The receivers of failed lender Bridgecorp have eked out another $4m after cutting a deal over a loan on which it held an insurance policy.
The FMA is seeking to reveal the extent of "concerning" KiwiSaver sales and switching practices it claims are being used by banks.
The 300-strong, record turnout at last weekend's Shareholders Association annual conference helped illustrate a major challenge facing the local sharemarket.
FMA fears recklessness, tells investors: Don’t stop the party but turn down the music.
Former SFO boss Adam Feeley says he hopes the police are considering a criminal investigation into claims Judith Collins was linked to a smear campaign against him.