Hallensteins Glassons has topped a list of fines - out of serious compliance breaches found in the New Zealand sharemarket
Hallensteins Glassons has topped a list of fines - out of serious compliance breaches found in the New Zealand sharemarket
24 April 2024
Business Desk reports seven matters were referred to the Disciplinary Tribunal last year - with penalties between 25 and 75 thousand dollars.
A single case was referred in 2022.
Hallensteins Glassons failed to have a majority of independent directors within its audit committee for four years.
Fines were also issued to 2 Cheap Cars, Millennium & Copthorne Hotels, CDL Investments, Enprise Group and Truscreen Group.
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