News

Committee responds to conflict concerns

Monday 9th of December 2013

The code went to the FMA for sign-off last week. The regulator has six weeks to do that, after which the Commerce Minister has another six weeks to look at it.

One of the changes in the draft version of the new code was that where a conflict of interest was such that an AFA was able to unable to place the interests of a particular client first, the AFA must decline to act.

That pr...

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