News

Financial misconduct should be civil not criminal matters

Thursday 14th of October 2010

He says enforcement is high up the political and public expectations of the FMA with the Minister's mantra being: "...visible, proactive, and timely enforcement"

Mayhew says he is struck by the prevalence in New Zealand of the use of the criminal justice system in financial matters despite the fact it is a blunt instrument with the capacity to produce unexpected results.

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