Industry Super Australia is on the hunt for a new chief executive, with David Whiteley to leave the organisation after 12 years as an antagonist of the banks and the underperforming legacy of banks in retail superannuation. Whiteley will "take up a new global position with IFM Investors from September," Peter Collins, chair of ISA, said on Friday. The New Zealand government is looking to clean up the Financial Services Providers' Register, with Commerce and Consumer Affairs Minister Kris Faafoi saying: "some mainly offshore-controlled entities have been 'free-riding' off New Zealand's reputation for sound financial markets regulation by using their registration to imply that they are actively regulated in New Zealand when that is not the case." The FSPR lists any financial services that have a place of business in the country, and this has been exploited by dodgy foreign operators setting up virtual offices, or just leasing one small room and a mail-forwarding service. A discussion paper outlines proposals to ensure the FSPR only lists providers offering financial services to New Zealanders, and submissions close on 15 May.