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.
