FMA has more to do to win over investors

New CEO Samantha Barrass. (Image: FMA)

Tue, 24 Jan 2023

The Financial Markets Authority (FMA) largely hit all of its targets in the June fiscal year, but recognises it needs to lift its game in convincing investors that it helps promote fair, efficient and transparent markets.Of the 11 measures tracked by the market watchdog against its statement of performance expectations, it fell short on just one – a five-day timeframe to assess the risk of disclosure statements that’s since been dropped – and either achieved or substantially achieved its others. That included 89.5% of surveyed...

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