RNZ·3 min read·medium
FMA chief on leave amid urgent review of 'cultural concerns'
R
RNZ | Te Reo Irirangi o Aotearoa
✦AI Summary
The Financial Markets Authority (FMA) in New Zealand is facing a leadership crisis following the departure of its chair and the chief executive being placed on leave. The New Zealand Shareholders' Association has expressed concern over systemic cultural issues within the agency, emphasizing the need for stable leadership to restore public confidence.
The New Zealand Shareholders' Association says it is aware of "systemic cultural issues" at the Financial Markets Authority, and believes leadership departures and allegations of poor workplace culture have knocked confidence in the agency.
businesspolitics
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