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Government needs to better fund FMA: Industry

Wednesday 25th of May 2022
In effect, they say the state contribution to the FMA process is diminishing as a share of its total running costs.
This is despite headline figures showing an increase in funding in the last budget.
The chief executive of the Financial Services Council Richard Klipin says the state share of the costs will slip over four years from 17% to 16%.
The rest of the budget, 84%...
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