The Financial Markets Authority is urgently looking into issues around its workplace culture, with its Chief Executive taking leave from today.<\/p>\n
In a statement the FMA’s Acting Board Chair Steve Bardy said “the FMA Board has recently become aware of cultural concerns at the FMA and is assessing the matters raised as a matter of urgency”.<\/p>\n
Bardy said that Chief Executive Samantha Barrass is on a period of leave from today.<\/p>\n
He said “that during this time, board member Alastair Hercus will step into the role of interim Chief Executive”.<\/p>\n
The FMA statement appears to have come after a report from Stuff that raised allegations from multiple former employees about workplace culture.<\/p>\n
Barrass had already announced in May that she would not seek reappointment once her five year term finished in January.<\/p>\n
The Financial Markets Authority is the country’s financial market regulator.<\/p>\n","protected":false},"excerpt":{"rendered":"The Financial Markets Authority is urgently looking into issues around its workplace culture, with its Chief Executive taking…\n","protected":false},"author":2,"featured_media":547465,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[138,111,139,69],"class_list":["post-550254","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-new-zealand","tag-newzealand","tag-nz"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/550254","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=550254"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/550254\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/547465"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=550254"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=550254"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=550254"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}