Our focus ‘isn’t just on compliance, isn’t just on gotcha’: FMA
Samantha Barrass spoke to the Financial Services Federation for the first time ahead of a proposed shift in CCCFA regulation to the FMA from the Commerce Commission.
The chief executive of the Financial Markets Authority has told the country’s non-bank lenders it does not regulate for the sake of regulating and will not focus on ‘gotchas’, as responsibility for monitoring the sector transfers to it from the Commerce Commission.
And she says any decision as
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