Banking and financeCourt: Sentence too harshThe Supreme Court has agreed with Sir Doug Graham and three other Lombard Finance board members that their home detention sentences were too harsh.06 May 11:10 PM
Banking and financeFMA keeps powder dry on civil claimsThe Financial Markets Authority won't wait until receivers have finished chasing funds from convicted finance company directors. when considering civil cases.27 Apr 05:30 PM
Banking and financeFirms line up for crowd fundingOne of the first companies hoping to offer equity crowd funding says it already has 11 firms lined up wanting to raise money this year.09 Apr 04:15 PM
Banking and financeNZX out to reassure investors over rulesStock exchange operator NZX says it will ramp up its efforts to help investors understand how it regulates the market this year.06 Apr 04:15 PM
Banking and financeCrowd-funding door opens for NZ corporatesAround a dozen companies have indicated interest in setting up crowd-funding as new rules come into force making it easier for businesses to raise capital.01 Apr 03:15 PM
Banking and financeBluechip boss on FMA charges diesA former chief executive of Bluechip and director Viaduct Capital Nick Wevers has died and criminal charges filed against him have now been withdrawn.21 Mar 03:15 AM
Banking and finance$18.9m Bridgecorp settlement reachedThree convicted Bridgecorp directors have reached an $18.9 million settlement with the failed finance company's receivers.11 Mar 10:58 PM
Banking and financeWhen the FMA comes a knocking...Law firm Bell Gully has published new guidelines about what to do if the Financial Markets Authority raids your business.07 Mar 01:50 AM
Banking and financeCapital raising shakeup loomsInvestment market players are gearing up for the biggest shake-up in more than decade.27 Jan 04:30 PM
BDBDBanking and financeFMA announces new bossRob Everett, a UK-based regulatory consultant and former investment banker, has been named chief executive of the Financial Markets Authority, replacing Sean Hughes.27 Nov 09:20 PM
Banking and financeFinance asset freeze first for policePolice asset freezing action against two jailed Capital + Merchant directors is unprecedented.25 Nov 08:15 PM
Banking and financePolice look to seize directors' assetsA High Court judge has made restraining orders over property linked to two jailed Capital + Merchant Finance directors, with the police looking to eventually seize the assets.24 Nov 11:10 PM
Banking and financeRoss sentence 'too lenient'The man behind NZ's largest Ponzi scheme has been sentenced to 10 years and 10 months in jail - a punishment deemed too lenient by one of his victims.15 Nov 05:32 AM
Banking and financeFMA cancels medical firm's prospectusNZ's market regulator has cancelled the allegedly misleading offer documents of a company that claimed it would use investor money to set up dialysis clinics.15 Oct 10:40 PM
Small BusinessKickstarter announces NZ launch dateUS crowdfunding platform Kickstarter - which has helped raise more than $US800 million for creative projects - will be opening its doors to Kiwis in just over four weeks.15 Oct 01:45 AM
Banking and financePremium restaurant collapsesAn Auckland restaurant with links to Phoenix Forex - a company that sold controversial currency trading software - has been put into liquidation owing almost $5 million.02 Oct 01:55 AM
Banking and financeClients lost millions: $4000 fineA Christchurch financial adviser whose clients lost $6 million in Ross Asset Management's collapse has been censured and fined $4000.27 Sep 12:40 AM
Banking and financeSue Brown tipped as FMA chiefTwo of New Zealand's top watchdog jobs could end up being held by women.11 Sep 05:30 PM
Banking and financeFMA still after finance companiesDirectors of failed finance companies are not off the hook yet and the Financial Markets Authority says it is likely to launch criminal proceedings.09 Sep 05:30 PM
Banking and financeFinancial adviser accused of $3m fraudAn Auckland financial adviser accused of stealing $3 million of investors' money has been charged today.05 Sep 12:15 AM
Banking and financePhoenix Forex man in bankruptcy breachAn Auckland businessman who admitted running a business while bankrupt also has a senior role in a foreign exchange trading scheme the FMA has warned the public about.02 Sep 10:45 PM
Banking and financePonzi scheme victims push for jailDavid Ross had the outward appearance of a successful businessman - he lived in a $2.2 million home, owned expensive paintings, drove a Mercedes, and told clients he holidayed around the world.29 Aug 05:30 PM
Banking and financeVictims want Ross 'poor'Wellington financial adviser David Ross pleads guilty to charges relating to running a Ponzi scheme.29 Aug 01:30 AM
