FMA takes a drubbing from stakeholders

FMA takes a drubbing from stakeholders
FMA head Samantha Barrass sees a "steadier state" regulatory environment ahead. (Image: Supplied)
Pattrick Smellie
If the results of an annual stakeholders survey are anything to go by, the Financial Markets Authority has a problem with its authority among financial market participants.Published on Thursday with the market regulator’s annual report, the survey of 133 people judged to represent its target audience showed a sharp drop in ease of doing business with the Financial Markets Authority (FMA).The results found a growing proportion of those surveyed were not satisfied with the FMA's focus on the most important issues and targeting areas whe...

More Finance

Wisdom from Milford’s ‘oldest’ fund manager
Finance

Wisdom from Milford’s ‘oldest’ fund manager

Stephen Johnston has been watching markets since 1997.

Gregor Thompson 09 Jan 2025
RBNZ issues first non-bank deposit-taker licence in nearly a decade
Finance

RBNZ issues first non-bank deposit-taker licence in nearly a decade

The Reserve Bank of New Zealand has issued a non-bank deposit taker licence to newly formed finance company Welcome.The last time the central bank issued a license was in 2017 to Christian Savings, which was previously licensed as Christian Savings Incorporated, according to the...

Staff reporters 08 Jan 2025
M&A outlook: get set for big ticket IPOs
Finance

M&A outlook: get set for big ticket IPOs

Experts are picking a surge in mergers and acquisitions activity for 2025.

How tax rules discourage wealthy investor migrants
Finance

How tax rules discourage wealthy investor migrants

Covid refugees facing a four-year time limit on tax status are forcing the issue.

Pattrick Smellie 06 Jan 2025