February 2016

Directors’ reliance on professional advice – the Apple Fields litigation

Directors’ reliance on professional advice – the Apple Fields litigation A search of the FMA website yielded an update on the FMA’s prosecution of the directors of Apple Fields under the Financial Reporting Act 1993 with failing to deliver financial statements and an auditor’s report to the Registrar of Companies for the financial years ending […]

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Further FMA consultation – managed investment schemes

Further FMA consultation – managed investment schemes Introduction Amongst the usual last-minute deluge of last minute discussion papers, omnibus bills containing small but important legislative changes (more on this later) and consultation documents that landed at the tail-end of last year were three quite significant consultation papers from the FMA. Each has a short deadline

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