October 2022

Last week the followed up its workstream from earlier in the year by issuing a report on a ‘Thematic Review’ of the wholesale investor exclusion.  It is clear that the FMA has followed up its earlier actions by undertaking a more detailed review of the activities of a number of property syndicators targeting wholesale investors.  […]

With the Supreme Court decision in Mainzeal said to be imminent, there has been quite a bit of interest in a recent decision of the UK Supreme Court in case called Sequana about the duties of directors of a company in the twilight zone.  One UK commentator has said that Sequana represents the most significant