Wellington, Oct 19 NZPA - The Serious Fraud Office (SFO) has launched an investigation into South Canterbury Finance (SCF) over a number of related party transactions that may have involved false statements or other fraudulent conduct.

Wellington, Oct 19 NZPA - The Serious Fraud Office has launched an investigation into South Canterbury Finance (SCF).

Wellington, Oct 16 NZPA - Timaru businessman Allan Hubbard believes the Government could lose up to $1 billion for not supporting a bid to buy South Canterbury Finance (SCF).

Wellington, Oct 15 NZPA - Treasury argued in April that South Canterbury Finance (SCF) would fail quickly if it was not invited to join the extended Crown Deposit Guarantee Scheme.

Wellington, Sept 29 NZPA - The supporters of Timaru businessman Allan Hubbard have written to Chief Justice Dame Sian Elias, arguing his situation has become a human rights issue because he has undergone a trial by media.

Wellington, Sept 27 NZPA - Gordon Fulton, the New Zealand partner of Ernst & Young who signed off a review of the 2005 six month accounts of failed carpet maker Feltex, has been found guilty of a charge of breaching an accounting industry code of ethics.

Wellington, Sept 20 NZPA - Supporters of Allan Hubbard are "demanding" a public inquiry into events that preceded the receivership of South Canterbury Finance (SCF), in which Mr Hubbard was the major shareholder.

Wellington, Sept 14 NZPA - The proposed new market regulator will be able to enforce the duties of people involved in financial markets when it's in the public interest, a significant new power under a bill introduced to Parliament today.

Wellington, Sept 3 NZPA - NZX Ltd's new NZCDC Settlement System has passed a regulatory hurdle ahead of its start date on Monday. Settlement systems, or payment systems, essentially carry out the necessary processes to complete, or settle, transactions.

Wellington, Aug 25 NZPA - The Serious Fraud Office (SFO) said it has laid over 100 charges under the Crimes Act against Nicholas Kirk, Marcus MacDonald, Anthony Bowden and Neill Williams who are associated with the collapsed Five Star Finance Group.