FMA probes CBL disclosure
Directors face liability for breach of RBNZ directions. Plus: CBL CEO withdraws from EY Entrepreneur of the Year awards.
The Financial Markets Authority says it is “looking into” insurer CBL’s [NZX:CBL] disclosures to the stock exchange after revelations the Reserve Bank had concerns about its finances as far back as 2016.
In a statement, an FMA spokesman said: “The FMA holds concerns about CBL’s compliance with
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Tim Hunter
Fri, 02 Mar 2018
Fri, 02 Mar 2018
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FMA probes CBL disclosure
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