Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search


MOU signed to improve agency cooperation

Hon Anne Tolley

Minister of Police

Hon Craig Foss

Minister of Commerce

30 July 2014 Media Statement

MOU signed to improve agency cooperation

Police Minister Anne Tolley and Commerce Minister Craig Foss today welcomed an updated memorandum of understanding (MOU) between the Financial Markets Authority (FMA) and the Serious Fraud Office (SFO).

Mrs Tolley, as the Minister responsible for the SFO, says continued coordination and cooperation between the two agencies will improve efficiency and effectiveness.

“This MOU will enable faster and more effective prosecutions by streamlining processes to avoid duplication and make the most of each agency’s resources.”

Representatives from each agency will continue to meet monthly to review relevant inquiries or investigations and discuss opportunities for further cooperation.

The SFO Director and FMA Chief Executive will also meet quarterly.

Mr Foss says coordination also promotes high standards of conduct in New Zealand’s financial markets.

“I am pleased these agencies will continue to work together to fight financial crime.

“This shared commitment further enhances the Government’s work to promote public confidence in the integrity of our financial markets,” Mr Foss says.

The FMA has primary responsibility for the detection, investigation and prosecution of offences under financial markets legislation. The SFO has primary responsibility for the detection, investigation and prosecution of offences that constitute serious or complex fraud, or involve matters of bribery and corruption.

© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines



Gordon Campbell: On John Key’s Trip To Iraq

In the embedded press coverage on this trip, the absence so far of any evaluation of the wider context of what New Zealand thinks it is doing at Camp Taji has been striking. More>>


Labour: Parata Puts Brakes On Charter School Appraisal

“When the Ministry of Education recommended they compare the achievements of children at charter schools to those of their counterparts at state schools, the documents show Hekia Parata specifically prohibited them from doing so." More>>


Bad Day For Universities: Gun, Bomb Threats On Three Campuses

Dunedin Police are continuing their investigation into the threat made against the University of Otago. Staff are following a number of lines of inquiry, and police are working to verify the authenticity and source of the post. More>>


Gordon Campbell: On The TPP Deal Reached In Atlanta

Yes, the TPP has helped to knock a few points off the tariffs facing our exporters. Yet some of those alleged dollar gains may well have been made regardless over time – and without the negative baggage of the concessions in the non-trade areas (intellectual property, copyright extensions, investor-state dispute mechanisms etc) that the TPP deal also brings in its wake. More>> (Cartoon by Dave Wolland)

Public Summaries:


Wellington.Scoop: Serco – First The Prisons, And Now It Wants To Run The Trains

As the government continues its inquiry into Serco’s discredited administration of Mt Eden prison in Auckland, here in Wellington there’s further scrutiny of the British outsourcing company – because it’s competing to take over the running of our commuter trains. More>>


Pre-Signing: Gordon Campbell On The TPP Countdown

To date, the Key government has been unwilling to share any information about this TPP deal until it is too late for outraged public opinion to affect the outcome... the disclosure process is likely to consist of a similarly skewed and careful exercise in spin. More>>


Australia Deportations: English Relaxed On Immigration Centre Conditions

Labour's Annette King: “There have been numerous reports from inside these detention centres on just how bad conditions are... If they were being held in any other foreign jail, I imagine Mr English would be somewhat concerned. More>>


Schools: Achievement-Based Funding Would Be A Disaster

The Education Minister’s speech to the PPTA Conference raising the spectre of achievement data driving a new funding system would be disastrous, says NZEI Te Riu Roa. More>>

  • Video Out-Link - PPTA Annual Conference 2015 on Livestream (Q+A dicussion suggests funding would be directed to less successful schools.)

  • ALSO:

    ECE Report:

    Get More From Scoop



    Search Scoop  
    Powered by Vodafone
    NZ independent news