
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.
Law firm Bell Gully has published new guidelines about what to do if the Financial Markets Authority raids your business.
The country's biggest listed retailer, successfully raised $100 million from institutional investors to help fund its drive into financial services.
Money lending firms are offering lavish gifts and prizes to entice people into taking out high-interest loans for Christmas.
Student numbers are expected to increase at the University of Otago next year, turning around three years of declining enrolments at the institution.
Auckland-based Earthwise Group, a maker of environmentally friendly cleaning products, is top of this year's Deloitte Fast 50 index.
The banking ombudsman has had 10 complaints about the loan-to-value-ratio (LVR) changes introduced on October 1, with eight related to banks withdrawing prior approvals.
Wellington financial adviser David Ross pleads guilty to charges relating to running a Ponzi scheme.
New Zealand's leading financial regulator has announced he his stepping down.
David Ross appeared briefly in the Wellington District Court this morning, where hearings were adjourned to August 22.
Tomorrow is D-Day for the finance industry, particularly banks and most traditional financial institutions.
Three more charges have been laid today against the alleged Ponzi-schemer David Ross.
The Serious Fraud Office has laid charges against financial adviser David Ross, who is alleged to have operated a $400 million Ponzi scheme.
Two former Dominion Finance directors accused of misleading investors are applying to be discharged from the case.
Investors in two of Allan Hubbard's frozen businesses are getting another payout, their statutory managers said today.
A director of a failed finance company who is accused of misleading investors says he cannot afford a lawyer and will probably have to represent himself at trial.
The first two weeks of May have seen some significant developments in retail investor-land.
Dealing with the government is like dealing with no other business because the government can usually muster the numbers to make law, writes Mai Chen.
Suggestions the FMA knew about David Ross long before his business was raided were "crap", says Sean Hughes.
Tougher licensing rules for authorised financial advisers won't be introduced in a law change despite being suggested by the market regulator.