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2 May 2024 18:26
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      Home > News > Business

    Liquidated insurance company CBL Limited's former boss - Peter Harris - has admitted breaching the Financial Markets Conduct Act

    Liquidated insurance company CBL Limited's former boss - Peter Harris - has admitted breaching the Financial Markets Conduct Act


    It relates to a failure to disclose information to the market in 2017 and 2018.

    The former Managing Director, has now agreed to not hold any management or director positions with any listed issuer or licensed insurer.

    A penalty hearing before the High Court in Auckland will be held in due course.

    © 2024 Newstalk ZB, NZCity

     Other Business News
     02 May: More new homes could be on the way, despite latest figures
     02 May: This year's New Zealand Fashion Week in August is off - because of a lack of designers
     02 May: Nelson City Council-owned properties at risk from landslips, are up for sale
     02 May: An independent review has found the buck stops with NZQA, for the problems with multiple digital exams
     02 May: The unemployment rate's the highest it's been in three years
     01 May: Crusaders coach Rob Penney's confirmed David Havili's switch to first-five has been backed by All Blacks management and is far from a stop-gap measure
     01 May: The Reserve Bank Deputy Governor's issuing a veiled warning about global inflation
     Top Stories

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    All Blacks and Crusaders great Dan Carter's backing David Havili to make a smooth transition from the midfield to first five More...

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    More new homes could be on the way, despite latest figures More...


     Today's News

    		 Entertainment:
    Jon Bon Jovi leaned on his "spirit sister" Shania Twain after undergoing vocal cord surgery 18:14

     Golf:
    Kiwi golfer Daniel Hillier's made a good start to the European Tour's event in China this week 18:07

     Business:
    More new homes could be on the way, despite latest figures 17:57

     Accident and Emergency:
    Search efforts have continued without success throughout the day - for two fishermen missing since last night at Whangarei Heads, near Taiharuru 17:57

     Politics:
    Bob Carr intends to sue NZ Foreign Minister Winston Peters for defamation over on-air insult 17:47

     Entertainment:
    Sylvester Stallone's upcoming memoir is said to be like Matthew McConaughey and Arnold Schwarzenegger's self-help style autobiographies 17:44

     Rugby:
    All Blacks and Crusaders great Dan Carter's backing David Havili to make a smooth transition from the midfield to first five 17:27

     Entertainment:
    Vivica A. Fox is "taking applications" for a new partner 17:14

     Business:
    This year's New Zealand Fashion Week in August is off - because of a lack of designers 16:57

     Entertainment:
    Keith Urban was "scared and nervous" to ask Nicole Kidman out on a date 16:44

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