New Zealand’s Financial Markets Authority (FMA) today announced that Belinda Moffat, has decided to leave the regulator after three and a half years at the helm of the FMA’s enforcement team. Ms Moffat will officially part ways with the FMA in September 2015.
As New Zealand’s financial regulation moves into the FMC Act environment, Ms Moffat has considered that this is the right time for her to take on a challenge outside the FMA.
Paul O’Neil will become acting director of enforcement and investigations, reporting to FMA’s chief executive, Rob Everett.
Ms Moffat joined the FMA in March 2012, during the inaugural phase of the new regulator, with a mandate to complete the finance company investigations and build the FMA’s enforcement capability. Before joining the New Zealand’s financial regulator, she worked as a commercial litigation lawyer in both New Zealand and the United Kingdom and has appeared before courts and tribunals in relation to commercial, banking and finance, competition and criminal matters.
Rob Everett and the FMA Board praised the significant contribution and leadership role that Ms Moffat has played in the FMA’s establishment years.
To view the press release by the FMA on Ms Moffat’s departure, click here.