Latest fromFinancial Markets Authority
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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.
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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.
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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.
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FMA backs Strategic Finance secrecy
Confidentiality agreement helped secure $22m payback deal, says agency head.
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Fran O'Sullivan: New watchdog barks at Reserve Bank
Financial Markets Authority chief executive Rob Everett has yet to be inducted into the club, writes Fran O'Sullivan. That's why he brings a refreshing outsider's view to the task of being New Zealand's markets watchdog.
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FMA keeps powder dry on civil claims
The Financial Markets Authority won't wait until receivers have finished chasing funds from convicted finance company directors. when considering civil cases.
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Firms line up for crowd funding
One of the first companies hoping to offer equity crowd funding says it already has 11 firms lined up wanting to raise money this year.
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NZX out to reassure investors over rules
Stock exchange operator NZX says it will ramp up its efforts to help investors understand how it regulates the market this year.
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Crowd-funding door opens for NZ corporates
Around a dozen companies have indicated interest in setting up crowd-funding as new rules come into force making it easier for businesses to raise capital.
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Bluechip boss on FMA charges dies
A former chief executive of Bluechip and director Viaduct Capital Nick Wevers has died and criminal charges filed against him have now been withdrawn.
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$18.9m Bridgecorp settlement reached
Three convicted Bridgecorp directors have reached an $18.9 million settlement with the failed finance company's receivers.
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When the FMA comes a knocking...
Law firm Bell Gully has published new guidelines about what to do if the Financial Markets Authority raids your business.
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Capital raising shakeup looms
Investment market players are gearing up for the biggest shake-up in more than decade.
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Finance asset freeze first for police
Police asset freezing action against two jailed Capital + Merchant directors is unprecedented.
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Police look to seize directors' assets
A High Court judge has made restraining orders over property linked to two jailed Capital + Merchant Finance directors, with the police looking to eventually seize the assets.
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Ross sentence 'too lenient'
The man behind NZ's largest Ponzi scheme has been sentenced to 10 years and 10 months in jail - a punishment deemed too lenient by one of his victims.
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FMA cancels medical firm's prospectus
NZ's market regulator has cancelled the allegedly misleading offer documents of a company that claimed it would use investor money to set up dialysis clinics.
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Kickstarter announces NZ launch date
US crowdfunding platform Kickstarter - which has helped raise more than $US800 million for creative projects - will be opening its doors to Kiwis in just over four weeks.
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Premium restaurant collapses
An Auckland restaurant with links to Phoenix Forex - a company that sold controversial currency trading software - has been put into liquidation owing almost $5 million.
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Clients lost millions: $4000 fine
A Christchurch financial adviser whose clients lost $6 million in Ross Asset Management's collapse has been censured and fined $4000.
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Sue Brown tipped as FMA chief
Two of New Zealand's top watchdog jobs could end up being held by women.
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FMA still after finance companies
Directors of failed finance companies are not off the hook yet and the Financial Markets Authority says it is likely to launch criminal proceedings.