FMA pings mortgage brokers over late annual reports

FMA pings mortgage brokers over late annual reports
Feb. 19 (BusinessDesk) - The Financial Markets Authority has charged two contributory mortgage brokers for failing to file their annual reports on time. Christchurch-based Prudential Mortgage and Auckland-based First Mortgage Investments have each been charged for failing to deliver an annual report to the Companies Registrar for the year ended March 31, 2013 by the end of last June, the FMA said in a statement. “Non-filing of annual reports and financial statements is an issue which FMA takes seriously and we are considering a number of c...