First words from new FMA CEO
The Financial Markets Authority’s new chief executive Samantha Barrass has been in the job less than a month and says her priorities will be ensuring consumers and investors feel the system works for them.
“Firms need to have confidence that everyone is playing by the rules and that there’s commercial value in the consumer confidence that comes from that,” she said in a FMA newsletter.
“The FMA is in good shape – there’s nothing broken and we have a good foundation to build from. We want to maintain our track record as a smart, connected and proactive regulator.”
The New Zealander who spent many years working overseas replaced Rob Everett. She has held roles in Great Britain and Gibraltar. She believes these experiences will set her in good stead for the new job.
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