Fullerton Markets Promotes Paul Turner, Hires New Compliance Exec

New Zealand-based brokerage company Fullerton Markets is promoting its Senior Compliance Manager Paul Turner to the position of Executive Director. The news comes as the brokerage continues successfully expanding its footprint across the APAC region.

Commenting on the news, the CEO of Fullerton Markets Mario Singh said: “I am delighted to recommend Paul’s promotion to the board of directors. Paul has been with us for over a year but his work ethic and professionalism have helped us grow a great deal.”

“Initially handling regulatory requirements and compliance advisory for Fullerton Markets, Paul’s role is now expanded to include corporate governance, Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term and shareholder relations. I am certain Paul will play a big part in helping Fullerton Markets scale new heights on the global stage,” Singh elaborated.

Mr Turner's 40 years of accounting experience is a key asset to the management team of Fullerton as the company continues to expand on its full-STP service across the globe.

Sagie Govender will be succeeding Paul Turner as a Senior Compliance Manager after spending 6 years working at the chief financial regulator of New Zealand, the Financial Markets Authority (FMA).

The regulatory experience of Sagie Govender includes assisting Qualifying Financial Entities (QFEs), financial advisers and other market participants to comply with their regulatory Obligations Obligations In finance, an obligation is a financial responsibility where the terms of a contract must be met. Should an obligation between parties fail then the party who is at default may face legal action. In this scenario, the guilty party will not only have to agree to pay the set amount to fulfill the contractual arrangement but may also be responsible for covering all legal proceedings cost. Routine payments or outstanding debt of any kind are considered financial obligations, so if someone owes you In finance, an obligation is a financial responsibility where the terms of a contract must be met. Should an obligation between parties fail then the party who is at default may face legal action. In this scenario, the guilty party will not only have to agree to pay the set amount to fulfill the contractual arrangement but may also be responsible for covering all legal proceedings cost. Routine payments or outstanding debt of any kind are considered financial obligations, so if someone owes you Read this Term.

Sagie was also involved in reviewing license applications under the Financial Advisers Act and Financial Markets Conduct Act and accordingly acquired strong knowledge of the New Zealand regulatory environment.