Latest fromFinancial Markets Authority

Observers appointed for Perpetual funds
Two independent observers will keep tabs on Perpetual Trust's cash management and mortgage funds ahead of a substantial hearing early next month.

Fund frozen after FMA probe prompts rush for the door
Pyne Gould Corp subsidiary Perpetual Trust said it had placed its Mortgage Fund into moratorium.

FMA seeks feedback on use of irregular earnings measures
The Financial Markets Authority is seeking submissions on the growing use of irregular earnings measures in preference to statutory profit.

SOE floats get FMA exemption
Investment watchdog the Financial Markets Authority has given the Government an exemption from rules around share floats, allowing it to give more detail on its plan.

FMA appeals Lombard directors' sentences
The Financial Markets Authority is appealing the non-custodial sentences handed out to the directors of failed lender Lombard Finance & Investments.

FMA's busy first year keeping industry clean
The Financial Markets Authority is about to celebrate its first birthday and boss Sean Hughes says it's been no picnic.