JENNY RUTH: Fear of god and applying common sense to continuous disclosure

JENNY RUTH: Fear of god and applying common sense to continuous disclosure
Jenny Ruth
When New Zealand King Salmon floated in 2016, the lawyers put "the fear of god" into the company's executives about being careful about public comments, particularly to journalists, said chief executive Grant Rosewarne. That meant the salmon farmer was wary about talking to journalists and about managing its continuous disclosure obligations as an NZX-listed entity. And the company had "some pretty bad things happen" before it listed as a result of environmental activists opposing its salmon farms in the Marlborough Sounds. "We operate...

More Finance

Willis can do more to fix banking competition
Finance

Andrew Body: Willis can do more to fix banking competition

A competitive banking system needs more than lower capital adequacy ratios.

Andrew Body 02 Apr 2025
Credit card issuers fear ComCom proposals
Finance

Credit card issuers fear ComCom proposals

The proposed regulations will stifle banking competition, says Mastercard.

Pattrick Smellie 02 Apr 2025
RBNZ signals U-turn on bank capital requirements
Finance

RBNZ signals U-turn on bank capital requirements

A major shift at RBNZ's first public outing since Adrian Orr's sudden departure.

Pattrick Smellie 31 Mar 2025
Grenon seeks to end ‘futile’ NZME board stoush
Finance

Grenon seeks to end ‘futile’ NZME board stoush

It's time for the current board to fold 'em, says coup orchestrator. 

Pattrick Smellie 26 Mar 2025