There is a particular weight that falls on institutions entrusted with holding others to account — for when they falter, the failure is doubled. New Zealand's Financial Markets Authority, long positioned as the guardian of ethical conduct in the country's financial sector, now finds itself under government investigation for bullying, misuse of non-disclosure agreements, and a leadership in disarray. The Ministry of Business, Innovation and Employment ordered the inquiry in late July 2026, as the FMA's chief executive took leave and its board chairman had already resigned months prior. What unf
FMA faces workplace culture investigation as regulator's own conduct questioned
Staff members subjected to bullying behavior at senior levels; employees pressured to sign non-disclosure agreements to remain silent about workplace misconduct.