FMA seeks legal clarification on expert investor rules

FMA seeks legal clarification on expert investor rules
(Image: NZME)
Staff reporters
The Financial Markets Authority has asked the High Court to clarify the use of eligible investor certificates in the wholesale investment sector. The High Court proceeding follows investigations into the use of such certificates by various wholesale property developers, although the regulator said it didn’t relate to any particular party.The Financial Markets Authority (FMA) has in the past warned several wholesale property firms about their practices, including Du Val Capital Partner and Du Val BTR GP Limited, E+O Property Syndicati...

More Property

Auckland Council proposes downzoning 12,000 properties
Policy

Auckland Council proposes downzoning 12,000 properties

The council is also proposing to enable 10-15 storey apartments around more than 40 hubs.

Grimshaw ruling overturned
Property

Grimshaw ruling overturned

Lower court had found the law firm was negligent. 

Staff reporters 18 Aug 2025
Cabinet to decide fate of foreign buyer ban in coming weeks
Property

Cabinet to decide fate of foreign buyer ban in coming weeks

The PM says key decisions on a loosening of the foreign buyer ban will be made soon.

Dileepa Fonseka 18 Aug 2025
Do you need to own a house?
Property

Do you need to own a house?

Rising property taxes and home-repair costs are prompting older people to rent.