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Criticism FMA ‘too aloof’ was correct, Commerce Minister says

Andrew Bayly has forced the FMA and Commerce Commission to industry meetings over the past year.

Commerce and Consumer Affairs Minister Andrew Bayly and FMA chief executive Samantha Barrass.

Consumer Affairs Minister Andrew Bayly has been forcing the Financial Markets Authority to attend industry meetings with him after it received “correct” criticism for being “too aloof, sitting in the office”.

Speaking to NBR last week, Bayly was asked for his view on the FMA’s damning

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Hamish McNicol Mon, 17 Feb 2025
Contact the Writer: Hmcnicol@nbr.co.nz
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Criticism FMA ‘too aloof’ was correct, Commerce Minister says
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