Should pragmatism have trumped principle in FMA’s Capital + Merchant Finance decision?
Regulator rationalised abandoning action on basis of ex-directors' limited personal assets.
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A majority of NBR subscribers participating in a poll on the subject are disappointed the Financial Markets Authority has decided to discontinue civil proceedings against the former directors of failed finance company Capital + Merchant Finance.
This week the regulator announced it was abandoning
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Nick Grant
Fri, 31 Jul 2015
Fri, 31 Jul 2015
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Should pragmatism have trumped principle in FMA’s Capital + Merchant Finance decision?
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