FMA won't be 'outgunned' despite broader remit
The Financial Markets Authority wants to work collaboratively with the investment community this year, but warned “we will not be out-gunned,” despite its wider remit. Chief executive Rob Everett outlined the markets conduct regulator's main focus for the year at a Financial Serv...
.jpg)
CBL defendants plead not guilty, opt for jury trial
The two defendants facing Serious Fraud Office charges in relation to the collapse of CBL Corporation have pleaded not guilty and have opted for a jury trial. Former CBL chief executive Peter Harris - aided by a walking cane - briefly appeared in the Auckland District Court this...
PwC drawn into CBL litigation in liquidator's suit
CBL Insurance’s actuary PwC is one of several parties being sued by the collapsed insurer’s liquidators in proceedings filed late last year. The case is the latest keeping lawyers busy following the February 2018 collapse of NZX-listed CBL Corporation, which had a market capitali...
.jpg)
CBL’s Harris to plead not guilty to SFO charges
Former CBL Corporation chief executive Peter Harris says he will plead not guilty to charges brought by the Serious Fraud Office following an investigation into the insurer’s 2018 collapse. The fraud agency said in December last year it had filed criminal charges following an inv...
.JPG)
.jpg)
.jpg)
Prev
