Hanover directors take a shot at the Financial Markets Authority as an $18 million settlement is reached with the regulator.

Civil claim against directors and promoters of failed finance company settled just two weeks before court date.

Hamish Fletcher says he FMA, after some law changes, now has the tools that allow it to proactively stamp out misleading conduct in the market.

Financial Markets Authority chief executive Rob Everett says the settlement with Milford Asset Management over market manipulation issues has been an uncomfortable wake-up call.

A firm directed by Luigi Wewege, one of the central protagonists in the Len Brown infidelity scandal, has been kicked off the Financial Service Providers Register.

An investor in the David Ross ponzi scheme - who has been named for the first time - has been ordered to pay back $454,000 of fictitious profits in a clawback test case.

The way ASB sells its term funds and interest rate swaps will be independently reviewed after the bank reached a settlement with the Financial Markets Authority.

Milford has dropped portfolio manager Mark Warminger from its investment team and Brian Gaynor is its new NZ equity head.

The FMA says it's reached the final stages of its investigation into alleged market manipulation at Milford Asset Management.

North South Finance investors will get a better deal in the $10.24 million settlement with its board and the directors of Dominion Finance.

The FMA lifted its enforcement action in May, showing it is "increasingly prepared to flex its regulatory muscles", according to one of the country's biggest law firms.

Dominion Finance and investors will share a $10m payout after receivers and the FMA settled claims.

The Court of Appeal has reserved its decision in the case of an investor in the Ross Asset Ponzi scheme, who wants to keep his name a secret.

An investor who got nearly $1m from David Ross' Ponzi scheme is fighting to keep name secrecy.

Could Chevron New Zealand's offloading of its NZ Refining shares be a sign of things to come?

The Financial Markets Authority is investigating Arena Capital, concerned investor funds may be at risk.

The FMA is moving to stop rogue financial services providers from abusing New Zealand registration.

A newly licensed online lending service is targeting prospective homeowners who have been shut out of the mainstream mortgage market by low-equity loan restrictions.

King Country Energy, the biggest electricity retailer in the region, is pushing ahead with plans to move its listing to the NZX from the Unlisted platform, saying new rules could force the Unlisted....

The Hanover Finance case took another tentative step towards closure yesterday with revelations the finance company was undertaking settlement negotiations.

The Guardians of New Zealand Superannuation has suspended the Fund’s mandate with Milford Asset Management until an FMA investigation is completed.

Liquidators of the Ross Asset Management group of companies, found to be a ponzi scheme, are looking to claw back $954,000 one investor withdrew.

Westpac is facing a claim that it made misrepresentations to get a long-standing commercial customer to buy interest rate swaps that lost it $3 million.

Hanover Group's lawsuit against its former insurance broker for failing to get it full cover hasn't settled and is now expected to be argued almost 1 1/2 years after it was due.

Jailed former Bridgecorp director Rob Roest must repay $174,000 of legal aid for his unsuccessful defence, a High Court judge has ruled.