FMA 'satisfied' with $4.5m settlement
With most investors covered by the Crown guarantee, the Treasury will be the biggest beneficiary of the settlement.
Hot Topic
Hawke’s Bay
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
Want to read more? It's easy.
Choose your best value subscription option
Individual
Group membership
NBR Marketplace
Yearly Premium Online Subscription
NZ$499.00 / yearly
Monthly Premium Online Subscription
NZ$44.95 / monthly
Smartphone Only Subscription
NZ$24.95 / monthly
Premium Group Membership 10 Users
NZ$350+GST / monthly
$35 per user - Pay by monthly credit card debitPremium Group Membership 20 Users
NZ$600+GST / monthly
$30 per user - Pay by monthly credit card debitPremium Group Membership 50 Users
NZ$1250+GST / monthly
$25 per user - Pay by monthly credit card debitPremium Group Membership 100 Users
NZ$1875+GST / monthly
$18.75 per user - Pay by monthly credit card debitYearly Premium Online Subscription + NBR Marketplace
NZ$499.00 / yearly
Already have an account? Login
Victoria Young
Thu, 31 Aug 2017
Thu, 31 Aug 2017
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
FMA 'satisfied' with $4.5m settlement
69754