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BusinessNZ says FMA should shelve its fair outcomes guidelines

Friday 15th of March 2024
The FMA's guidelines will have unintended consequences, “will create confusion” with existing financial markets regulations and, in particular, with the Financial Markets (Conduct of Institutions) Amendment Act 2022 (CoFi) which is due to come fullying into force from March 31, BusinessNZ says in its submission on the consultation document FMA published in November.
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