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FMA veteran Mason appointed general counsel


Liam Mason adds to his extensive FMA CV with role vacated by Nick Kynoch.
A Financial Markets Authority stalwart has been appointed the market regulator’s general counsel, replacing Nick Kynoch.
FMA director of regulation Liam Mason, who has worked at the FMA since its
 
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Nick Kynoch , A Financial Markets Authority , Financial Markets Authority , Liam Mason , நிக் கினோச் , நிதி சந்தைகள் அதிகாரம் , லியாம் கொத்தனார் ,

Foxes in charge of hen houses


On The Money: Who regulates the regulator?
The announcement that yet another senior Financial Market Authority executive is leaving, taking with him inside knowledge of thinking and strategies of the regulator, has predictably provoked further discussion of the “gamekeepers turned poachers” problem.
NBR recently reported that Nick Kynoch, who had responsibility at the FMA for enforcement and litigation, is returning to the private sector after five years at the regulator. He is joining Generate, the ninth largest KiwiSaver provider, as general counsel.
Kynoch’s defection follows that of the director of external communications and investor capability, who resigned in 2017 to join PIE Funds, which was at the time enjoying ....

Nick Kynoch , Financial Market Authority , நிக் கினோச் , நிதி சந்தை அதிகாரம் ,

Fraud victims receive some stolen money back


Fraud victims receive some stolen money back
© RNZ / Anneke Smith
Victims of a fraudster, who spent their money funding his extravagant lifestyle, will get about 60 cents back for every dollar stolen from them.
Steven Robertson was sentenced im 2019 to six years and eight months in prison, with a minimum non-parole period of three years and four months. Photo: RNZ / Anneke Smith
Steven Robertson stole $1.2 million and roughly $AU270,000 between 2009 and 2015 while operating several companies that sold software that purported to help people trade.
The software was not easy to use and when confronted with disgruntled investors Robertson offered to trade on their behalf. ....

Anneke Smith , Zealand Steven Robertson , Steven Robertson , Rodney Crichton , Nick Kynoch , Rodney Mccall , Financial Markets Authority , High Court , Radio New Zealand , அந்நேக்கே ஸ்மித் , ஜீலாந்து ஸ்டீவன் ராபர்ட்சன் , ஸ்டீவன் ராபர்ட்சன் , ரோட்னி கிரிக்டன் , நிக் கினோச் , ரோட்னி ம்க்கால் , நிதி சந்தைகள் அதிகாரம் , உயர் நீதிமன்றம் , வானொலி புதியது ஜீலாந்து ,

New Zealand Financial Markets Authority: Victims Of PTT, Steven Robertson And Rodney McCall To Receive Payout


New Zealand Financial Markets Authority: Victims Of PTT, Steven Robertson And Rodney McCall To Receive Payout - McCall Sentenced To Home Detention
Date
21/12/2020
The Financial Markets Authority (FMA) has welcomed two court decisions that will see victims of convicted fraudsters Steven Robertson and Rodney McCall receive a portion of their money back. Mr McCall has also been sentenced to 12 months’ home detention for his crimes.
On Friday, the Auckland High Court approved a pro-rata distribution methodology for creditors of PTT Limited, Mr Robertson and his associated entities. The methodology was proposed by the receivers and liquidators of PTT, and supported by the FMA as being in the interests of victims. Receivers and liquidators estimate that victims will be likely to receive around 59 cents in the dollar. ....

New Zealand , New Zealand General , New Zealanders , Steven Robertson , Nick Kynoch , Rodney Crichton , Rodney Mccall , Auckland High Court , Financial Markets Authority , Manukau District Court , Morgan Cooper , High Court , Crimes Act , Financial Markets Authority Act , Morgan Cooper Limited , புதியது ஜீலாந்து , புதியது ஜீலாந்து ஜநரல் , ஸ்டீவன் ராபர்ட்சன் , நிக் கினோச் , ரோட்னி கிரிக்டன் , ரோட்னி ம்க்கால் , ஆக்லாந்து உயர் நீதிமன்றம் , நிதி சந்தைகள் அதிகாரம் , மோர்கன் கூப்பர் , உயர் நீதிமன்றம் , குற்றங்கள் நாடகம் ,