FMA to increase adviser oversight

David Maida | financialalert | 17 September 2012

This month marks the first year of Financial Markets Authority's auditing of advisers come to an end. It's an important milestone which will see a change in the way the FMA deals with financial advisers. Head of primary regulatory operations, Sue Brown, spoke with financialalert about she is going to increase contact with advisers and aims to have engaged all advisers within five years.

Regulation was implemented on 1 July 2011 but the FMA didn't start its monitoring vi...