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[GRTV] FMA monitoring gives FAPs eight out of 10
Friday 26th of July 2024
The regulator’s monitoring team visited 60 class one and class two financial advice providers (FAPs) the length of New Zealand in preparing the report, says FMA director deposit taking, insurance and advice Michael Hewes.
Regardless of size there was a consistency across both classes of FAP in adhering to code requirements and standard conditions.
The FMA monitoring approa...
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