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NZICA welcomes FMA

The New Zealand Institute of Chartered Accountants (NZICA) has welcomed the official formation of the Financial Markets Authority (FMA). "We are ready to roll up our sleeves and get on with our part of the partnership", said NZICA chief executive Terry McLaughlin. NZICA is fully focussed on ensuring its auditors licensed under the new regime continue to provide high quality audit services to entities raising money from the public. "We look forward to working with the FMA on finalising the finer details of the framework for co-regulation," says Mr McLaughlin. - via Netprophet

Deloitte CEO on FMA board

Deloitte New Zealand chief executive Murray Jack has been named as one of the board members of the soon-to-be established Financial Markets Authority (FMA). Commerce Minister Simon Power has announced the board that will run FMA, which is expected to be up and running next month as the single market regulator for New Zealand's financial markets. The eight board members are Murray Jack, Shelley Cave, Colin Giffney, Mary Holm, James Miller, Justine Smyth, Michael Webb and Mark Verbiest. In addition, Bruce Shepherd, Rebecca Eele and Arthur Grimes have been appointed associate members of the board. Simon Allen has previously

Accounting and finance set for jobs growth

Signs are positive for growth and stability in New Zealand accounting and finance roles, according to a recent survey from recruitment company Robert Half International. Hiring managers have predicted there will be more job opportunities for both permanent and contract professionals in the first half of 2011, meaning employers need to focus on retaining top talent. The survey products a 9% increase in the recruitment of full-time staff over the half year, and an 8% increase in temporary/contract hiring. The majority of the new positions are in accounting, with hiring managers surveyed planning to recruit over half (54%)

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