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Warminger appeal date set

Monday, July 10th 2017, 8:47PM

A date has been set for Mark Warminger and the FMA to return to court.

Each plan to appeal the verdict of the recent market manipulation case, in which Warminger was found to have breached market manipulation standards in two of 10 cases.

The appeal will be heard on October 24 and 25.

Tags: FMA Market Manipulation

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  • FMA finds room for improvement
    “Brent - I suspect you're not alone. I've heard of similar experiences and agree with the call to action....”
    8 hours ago by dcwhyte
  • FMA finds room for improvement
    “Hi David No I didn’t bother alerting the FMA re the performance data because, from memory, I had previously alerted...”
    12 hours ago by Brent Sheather
  • FMA finds room for improvement
    “Agree with Brent's comments - and would ask if the performance data cited has been forwarded to the FMA for action? With...”
    13 hours ago by dcwhyte
  • FMA finds room for improvement
    “Very strange that “consumers still feel they aren’t being told the full story about fees” yet the FMA and the CFFC...”
    15 hours ago by Brent Sheather
  • FMA overstepping bounds: Weatherston
    “I was under the impression that the FMA was the primary regulator and enforcer of the law, not the law maker themselves....”
    1 day ago by Pragmatic
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Lender Flt 1yr 2yr 3yr
ANZ 5.79 5.05 5.35 5.59
ANZ Special - 4.55 4.85 -
ASB Bank 5.80 4.85 5.14 5.49
ASB Bank Special - 4.45 4.74 5.09
BankDirect 5.80 4.85 5.14 5.49
BankDirect Special - 4.45 4.74 5.09
BNZ - Mortgage One 6.50 - - -
BNZ - Rapid Repay 5.95 - - -
BNZ - Special - 4.59 4.79 5.09
BNZ - Std, FlyBuys 5.90 4.99 5.29 5.59
BNZ - TotalMoney 5.90 - - -
Lender Flt 1yr 2yr 3yr
Credit Union Auckland 6.70 - - -
Credit Union Baywide 5.95 5.45 5.50 -
Credit Union North 6.45 - - -
Credit Union South 6.45 - - -
Finance Direct - - - -
First Credit Union 5.85 - - -
Heartland 6.70 7.00 7.25 7.85
Heartland Bank - Online - - - -
Heretaunga Building Society 5.75 5.00 5.20 -
Housing NZ Corp 5.79 4.85 5.14 5.49
HSBC Premier 5.79 4.09 4.29 4.89
Lender Flt 1yr 2yr 3yr
HSBC Premier LVR > 80% - - - -
HSBC Special - - - -
ICBC 5.70 4.59 4.69 5.09
Kiwibank 5.70 4.95 5.29 5.75
Kiwibank - Capped - - - -
Kiwibank - Offset 5.70 - - -
Kiwibank Special - 4.45 4.79 5.25
Liberty 5.69 - - -
Napier Building Society - - - -
Nelson Building Society 6.10 5.10 5.45 -
Resimac 5.00 4.86 4.75 5.30
Lender Flt 1yr 2yr 3yr
SBS Bank 5.79 4.99 5.29 5.59
SBS Bank Special - 4.59 4.85 5.25
Sovereign 5.90 4.85 5.24 5.49
Sovereign Special - 4.45 4.84 5.09
The Co-operative Bank - Owner Occ 5.75 4.59 4.85 5.25
The Co-operative Bank - Standard 5.75 5.09 5.35 5.75
TSB Bank 5.80 4.80 5.15 5.45
TSB Special - 4.55 4.49 5.15
Wairarapa Building Society 5.70 4.85 4.99 -
Westpac 5.95 4.99 5.29 5.59
Westpac - Capped rates - 5.26 5.36 -
Lender Flt 1yr 2yr 3yr
Westpac - Offset 5.95 - - -
Westpac Special - 4.59 4.85 5.09
Median 5.80 4.85 5.14 5.38

Last updated: 7 July 2017 9:26am

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