28 May 2015
26 May 2015
25 May 2015
Key deadline for DIMS applicants and providers. Read more ›
Disclosure under Part 3 of the FMC Act (i.e. via a PDS) applies from this date to newly licensed derivatives issuers and those with a transitional licences without discloure conditions.
New derivatives issuers have to comply with this provision in the FMC Regulations (Regulations 238-250).
We are undertaking an investigation into Arena Capital Limited (Arena), trading as BlackfortFX (Blackfort). On 15 May, we obtained asset preservation orders over the assets of Arena/Blackfort. On 27 May, the High Court in Christchurch granted the FMA’s application for Grant Graham and Neale Jackson of KordaMentha to be appointed as receivers and managers of Arena/Blackfort. They will be responsible for managing the business and identifying assets.
Any investor in Arena/Blackfort is encouraged to register with KordaMentha and provide their contact details and evidence of their investment. Investors can contact KordaMentha on (09) 307 7865 or firstname.lastname@example.org. This includes any investors that may have already contacted the FMA.