Latest fromFinancial Markets Authority
Henry case cost $530,000
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.
$4m wrung out for Bridgecorp investors
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.
'Concerning' KiwiSaver bank tactics probed
The FMA is seeking to reveal the extent of "concerning" KiwiSaver sales and switching practices it claims are being used by banks.
Stock Takes: Age concern for the NZX
The 300-strong, record turnout at last weekend's Shareholders Association annual conference helped illustrate a major challenge facing the local sharemarket.
FMA calls for NZ market caution
FMA fears recklessness, tells investors: Don’t stop the party but turn down the music.
Feeley hopes for criminal investigation
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.
Bridgecorp director denied parole
Bridgecorp's jailed chief financial officer Rob Roest has been denied parole because of the risk he could pose to the community.
Regulator talking to NZX over timing of Blis release
The Financial Markets Authority has contacted stock exchange operator NZX after share traders potentially gained an unfair advantage from price-sensitive information published.
Tamsyn Parker: Peer to peer lending - a worthy alternative?
The first peer to peer lender has been given a license by the Financial Markets Authority.
FMA sues finance trustee - taste of things to come?
The Financial Markets Authority's unprecedented action against the trustee of a failed finance company is the sort of proceeding the watchdog is likely to launch more often under the country's new regulatory regime, says a senior lawyer.
FMA files suit against trustee of failed Viaduct Capital
New Zealand's market watchdog has taken unprecedented action against a failed finance company trustee.
Hotchin loses Hanover decision appeal
Mark Hotchin has lost an appeal over a decision which said Hanover's trustees did not have a duty to verify the accuracy of statements in allegedly misleading prospectuses.
Paroled director gets work from convicted fraudster
Failed finance company director Trevor Ludlow has done contract work for a receiver with his own fraud convictions since being released on parole.
Brewer seeking crowd-funding cancels dividends
Shareholders in Renaissance Brewing company have cancelled their claim on $147,000 of earnings to make it a more attractive investment opportunity.
Brian Henry admits market manipulation - FMA
Diligent Board Member Services founder Brian Henry has admitted to market manipulation and will pay a $130,000 penalty after settling with the Financial Markets Authority.
FMA cracks down on late reporting
New Zealand's market watchdog says a spate of prosecutions shows the consequences for firms which don't file financial statements on time.
Unlisted mulls FMA licence as deadline looms
Unlisted, the share trading platform run by Armillary Private Capital, is mulling an application to be a registered market or seek to be exempted.
Lending service aims for shake-up
The boss of New Zealand's first peer-to-peer lending service, Harmoney, says the online platform will shake up the personal loan market and give retail investors a new option.
Directors charged for financial reporting lapses
Seven directors that raise funds from the public have been charged by market regulators for allegedly breaching the Financial Reporting Act.
NZX gets good report card
The Financial Markets Authority has issued a favourable report card on the NZX and the way it handles its statutory obligations.
Investor caution urged over rash of new IPOs
The boss of New Zealand's financial regulator is urging investors to approach a rush of stock exchange listings, including some high-risk technology companies, with caution.
FMA backs Strategic Finance secrecy
Confidentiality agreement helped secure $22m payback deal, says agency head.