The Financial Markets Authority - Te Mana Tātai Hokohoko - has reached agreement with CBL Corporation Limited (In Liquidation) (CBLC) and four of its former directors in respect of the FMA's claims of continuous disclosure breaches and misleading conduct. .
The Financial Markets Authority has reached an agreement with four independent directors of the failed insurer CBL Corp., relating to continuous disclosure breaches.
A former National Bank of Samoa chief executive officer has given evidence in New Zealand's High Court in an ongoing fraud case that began after the 2018 collapse of insurer C.B.L. Corporation.According to an article last Friday by Tim Hunter of the New Zealand National Business Review, the forme.