FMA

Neal Nicholls, (centre), and Wayne Douglas, in court (TV3)

'Little prospect' of recovery sees Capital + Merchant action dropped

Tue 28 Jul 4

Capital + Merchant owed $167 million to about 7500 investors when it collapsed into receivership in 2007.

Financial Markets Authority chief executive Rob Everett

UPDATE: FMA issues first stop order against company taking deposits for Auckland property investment

Mon 27 Jul

FMA says it started investigating the Auckland company following a referral and sent repeated requests to it for information but received no reply.

Financial Markets Authority chief executive Rob Everett

FMA issues first stop order against Green Gardens Finance Trust taking public deposits

Mon 27 Jul

The stop order has been issued because the company's website included an advertisement for an offer of debt securities that don't comply with the act.

Former Financial Markets Authority chief executive Sean Hughes

Former FMA boss denies the regulator lacked resources

Tue 14 Jul

Sean Hughes was responding to evidence from former NZ Institute of Chartered Accountants chief operating officer Kirsten Patterson.

 

Jenny Ruth talks about Sean Hughes on NBR Radio, and on-demand on MyNBR Radio.

Mark Hotchin

We’re older but not much wiser

WEEKEND REVIEW Fri 10 Jul 2

Before we walk away from the wreckage, let’s reflect on that uneasy feeling in the guts that says “is that it?”.

 

Tim Hunter talks about his latest column on NBR Radio, and on demand on MyNBR Radio.

Mark Hotchin

NBR readers give their verdict on Hanover settlement

Tue 7 Jul 5

Negative reaction to lack of admission of liability.

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