The Finance Brokers Association of Australasia (FBAA) has announced the appointment of financial services expert and former ASIC executive David Carson as part of a new regulatory engagement group that will give brokers an even stronger voice with governments, regulators, consumers and other key industry stakeholders.

FBAA managing Peter White AM said Mr Carson brings superb credentials to the role.

“David will be working closely with me and our leadership team on submissions to all governments – federal, state and territories, and into New Zealand – helping to ensure the FBAA continues to advance the interests of brokers and consumers,” he said.

The FBAA regulatory engagement group, led by Mr White, will also include specialist media, marketing and legal support.

“This team is a ‘force to be reckoned with’ like no other, and will not only deepen our footprint and engagement with regulators and ministerial office staff, but deliver stronger proactive member and industry awareness to what we do in this space,” Mr White said.

“The FBAA represents the majority of individual finance and mortgage brokers across Australia and we will now be harnessing this power and leverage for even greater impact.”

While the appointment of Mr Carson expands and extends on the 10-year working relationship he has enjoyed with FBAA, Mr White will continue the direct advocacy, lobbying and engagement with regulators and senior ministers, as he has done successfully for many years.

Mr Carson, who is a credit specialist with a background in financial services, said he was honoured by the opportunity to lend his many years of experience in regulation and compliance to FBAA’s advocacy efforts.

“This is an excellent opportunity to work more closely with my good friends at the FBAA, building on the already strong relationships the association has forged with government, regulators and other stakeholders,” he said.

“We all benefit when new laws and regulatory requirements are developed off the back of informed discussion and where the interests and full impacts on affected sectors are thoroughly understood.”

A qualified lawyer, Mr Carson has client-facing experience in stockbroking and financial planning and served in ASIC’s financial services enforcement team.

He has also participated in treasury working groups for FOFA and Phase 2 credit reforms.