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Eric Watson

Speculation on new NZ Herald owners

SFO set to decide on Hanover investigation

Hanover Six face $30m in penalties

Three of the Hanover Six: Watson, Hotchin, O'Regan - face up $5m penalties each

The FMA reveals the full arsenal the market watchdog will use against the six former Hanover Finance directors and promoters, first reported by NBR April 12.

Hotchin and Watson in FMA sights, Hanover liquidity likely focus

Eric Watson (left) and Mark Hotchin

FMA following the money on Hanover legal action

Eric Watson, Mark Hotchin, Sir Tipene O'Regan

FMA's Hanover civil claim opens door to more action

Left-to-right: Eric Watson, Mark Hotchin, Sir Tipene O'Regan.

The Financial Markets Authority finally files civil proceedings against directors and promoters of the failed Hanover Finance, Hanover Capital and United Finance - but of surprisingly limited scope.