CBL shares suspended as NZX probes information disclosure after FMA, RBNZ concerns

Thu, 08 Feb 2018

By Sophie Boot Feb. 8 (BusinessDesk) - CBL Corp's shares have been suspended from the NZX due to concerns the market operator's regulation team has about whether the company has given complete and true material information to the market. NZX Regulation said the suspension followed engagement between it, CBL, the Financial Markets Authority (FMA), the Reserve Bank, and a number of overseas regulators with prudential oversight of CBL’s international insurance business. It is also investigating CBL’s compliance with its continuous disclosure...

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