FMA settles some claims against CBL’s Peter Harris
Regulator says deal ‘meets our objectives’ but gives no detail on what has been agreed with the failed insurer’s former managing director.
CBL managing director Peter Harris.
The Financial Markets Authority has reached an unspecified settlement with former CBL managing director Peter Harris over its allegations of misleading conduct and disclosure failures.
In a statement, the FMA said Harris had admitted breaching the Financial Markets Conduct Act, although the
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