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Liam Mason adds to his extensive FMA CV with role vacated by Nick Kynoch. A Financial Markets Authority stalwart has been appointed the market regulator’s general counsel, replacing Nick Kynoch. FMA director of regulation Liam Mason, who has worked at the FMA since its
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On The Money: Who regulates the regulator? The announcement that yet another senior Financial Market Authority executive is leaving, taking with him inside knowledge of thinking and strategies of the regulator, has predictably provoked further discussion of the “gamekeepers turned poachers” problem. NBR recently reported that Nick Kynoch, who had responsibility at the FMA for enforcement and litigation, is returning to the private sector after five years at the regulator. He is joining Generate, the ninth largest KiwiSaver provider, as general counsel. Kynoch’s defection follows that of the director of external communications and investor capability, who resigned in 2017 to join PIE Funds, which was at the time enjoying ....