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AFAs risk suspension
Tuesday 7th of August 2012
The Financial Markets says that at the end of May, 719 AFAs were due to confirm that their adviser business statements are current. However so far 67 have failed to do so.
The FMA says that even if an AFA is no longer practising, or their circumstances have changed, they are still required to email FMA on the annual anniversary of their authorisation.
The FMA is working wit...
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