TMM - News

ASB and Westpac delay licensing decision

Wednesday 11th of December 2019

The two banks have not yet made a decision on whether they will work with individual businesses that take on a FAP (Financial Advice Provider) licence, whether they will only work with group FAPs, or whether they will work with groups without a FAP licence.

A spokesman for Westpac said the lender was "still weighing up the implications of the law reform". "We’l...

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