BDBDBanking and financeObservers appointed for Perpetual fundsTwo independent observers will keep tabs on Perpetual Trust's cash management and mortgage funds ahead of a substantial hearing early next month.13 Jul 01:00 AM
Banking and financeFund frozen after FMA probe prompts rush for the doorPyne Gould Corp subsidiary Perpetual Trust said it had placed its Mortgage Fund into moratorium.11 Jul 09:23 PM
BDBDBanking and financeFMA seeks feedback on use of irregular earnings measuresThe Financial Markets Authority is seeking submissions on the growing use of irregular earnings measures in preference to statutory profit. 22 May 04:00 AM
Banking and financeSOE floats get FMA exemptionInvestment 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.03 May 08:00 PM
BDBDBanking and financeFMA appeals Lombard directors' sentencesThe Financial Markets Authority is appealing the non-custodial sentences handed out to the directors of failed lender Lombard Finance & Investments.29 Apr 11:44 PM
Banking and financeFMA'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.26 Apr 05:30 PM
New ZealandWatchdog demands $30m from six Hanover bossesOut-of-pocket investors in failed finance company Hanover are delighted six former directors could be ordered to pay up to $5 million each if a civil action against them is successful.14 Apr 05:30 PM