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Hot Topic Accountants
Hot Topic Accountants
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Should pragmatism have trumped principle in FMA’s Capital + Merchant Finance decision?

Regulator rationalised abandoning action on basis of ex-directors' limited personal assets.

Nick Grant
Fri, 31 Jul 2015

A majority of NBR subscribers participating in a poll on the subject are disappointed the Financial Markets Authority has decided to discontinue civil proceedings against the former directors of failed finance company Capital + Merchant Finance.

This week the regulator announced it was abandoning

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Nick Grant
Fri, 31 Jul 2015
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Should pragmatism have trumped principle in FMA’s Capital + Merchant Finance decision?
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