The purpose of the Business Integrity Trust is to uphold observance of sound commercial law, and to help give business in New Zealand a justified reputation for integrity, by assisting in the enforcement of that law.
The Trust was established in April 2002 following the out-of-court settlement of an insider trading case taken by a private consortium of Fletcher Challenge shareholders against former Fletcher Challenge chairman Kerry Hoggard. Learn more >>
Proceeds from the settlement were placed in the Trust to be used to provide support to shareholders who wish to right, usually by legal remedy, a business wrongdoing. Support may be in the form of financial assistance, advice or advocacy. Apply for support >>
The Trust aims in particular to assure participants in the New Zealand securities market that potential wrongdoers cannot count on a dishonest act going unremedied because enforcement of the law has become too expensive or cumbersome, or unrewarding and therefore unlikely.