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New Head of Enforcement at FMA

The Financial Markets Authority (FMA) has appointed a new Head of Enforcement. 

Friday, July 8th 2022, 12:04PM 3 Comments

Margot Gatland, who has been in the role on an acting basis has now been confirmed in the role.

FMA General Counsel, Liam Mason, said the regulator conducted an extensive local and international search to fill the role.

“This is a crucial role, responsible for leading all the FMA’s work to enforce the law and prosecute misconduct.

“Given the importance of enforcement at the FMA, we wanted to test the market to ensure we appointed the best person to the role. We received a high level of interest from both local and overseas candidates. The interest in the role reflects the high regard in which the FMA is held, and we’re delighted that we have the right skills and experience inside the FMA with Margot.”

Gatland has been with the FMA since December 2017, when she joined as a senior solicitor. She brought with her extensive experience in both Aotearoa and the UK, having worked at the Serious Fraud Office, Meredith Connell, commercial firms and in government. Margot is well respected for her credentials as a litigation lawyer and has already led a number of successful FMA prosecutions.”

Tags: FMA

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Comments from our readers

On 13 July 2022 at 3:54 pm Murray Weatherston said:
Exactly how much did it cost to do an extensive local and international search to determine that someone already on the payroll was the best candidate?
On 14 July 2022 at 5:01 pm Amused said:
“This is a crucial role, responsible for leading all the FMA’s work to enforce the law and prosecute misconduct.

Does this permanent appointment now mean that the FMA will actually start to prosecute those advisers and their businesses that haven't been compliant with their new disclosure requirements since April last year?

A quick glance online shows that scores of advisers still aren't compliant with the Act. It's been well over 12 months now since these changes took effect.

Perhaps the FMA just doesn't care about non-disclosure by advisers. Funny, I thought this was kind of a priority for them?





On 18 July 2022 at 11:46 am w k said:
i've learnt early in my working life that it's not what you know, it's who you know that's most important.

read the whole article ... right up to the end.

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AIA 6.35 5.25 5.45 5.99
ANZ 6.34 5.59 6.05 6.29
ANZ Blueprint to Build - - - -
ANZ Special - 4.99 5.45 5.69
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BNZ - Classic - 4.95 5.39 5.69
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BNZ - Std, FlyBuys 6.39 5.55 5.99 6.29
BNZ - TotalMoney 6.39 - - -
CFML Loans 7.25 - - -
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China Construction Bank Special - - - -
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First Credit Union Special 5.85 5.35 5.85 -
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Kiwibank 6.00 5.95 6.45 ▼6.59
Kiwibank - Offset 6.00 - - -
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TSB Special 6.25 4.85 5.29 5.59
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Westforce credit union - Standard 5.85 6.05 6.55 -
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