New Chair appointed to the Financial Advisers Disciplinary Committee

Published: 09 December 2022

The Ministry of Business, Innovation and Employment (MBIE) has today confirmed that Mr John Matthews has been appointed as Chair of the Financial Advisers Disciplinary Committee.

The appointment took effect on 1 November and is for a term of 5 years.

John Matthews is currently a member of the Committee and was an Associate High Court Judge prior to joining the Committee.

The Minister of Commerce and Consumer Affairs appoints members of the Committee and must appoint one of the members as Chair. MBIE thanks Sir Bruce Robertson for his role as Chair for the last 11 years.

Background

The Committee was established in 2010 under the Financial Advisers Act 2008 and continued under the Financial Markets Conduct Act 2013 to conduct disciplinary proceedings arising out of complaints regarding financial advisers referred to it by the Financial Markets Authority (FMA). You can read more information about the Financial Advisers Disciplinary Committee and the board appointment process below:

Financial Advisers Disciplinary Committee website(external link)

Board appointments

Biography for John Matthews

John Matthews was first appointed to the Financial Advisers Disciplinary Committee in 2020 and has been a strong member.

Prior to joining the Committee, Mr Matthews served over 8 years as an Associate High Court Judge and prior to that as a barrister where he chaired the Motor Vehicles Disputes Tribunal, a statutory tribunal under the Motor Vehicle Dealers Act 1975. He was also a Chair of Commissioners under the Resource Management Act and has served as a director of number of companies, particularly in the finance industry. He has extensive legal and judicial experience in a decision-making capacity and currently practises as a mediator.

MBIE media contact

Email: media@mbie.govt.nz