FMA 'satisfied' with $4.5m settlement
With most investors covered by the Crown guarantee, the Treasury will be the biggest beneficiary of the settlement.
The Financial Markets Authority says public admissions made by Prince and Partners Trustee over the collapse of Viaduct Capital were a bottom line in the $4.5 million settlement approved by the courts this week.
The regulator agreed the settlement with Prince at 5:04pm on the Friday before a
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Victoria Young
Thu, 31 Aug 2017
Thu, 31 Aug 2017
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FMA 'satisfied' with $4.5m settlement
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