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DIMS a two-step process
Wednesday 12th of March 2014
Some advisers are worried that the new rules for DIMS, introduced as part of the Financial Markets Conduct Act, are too onerous.
From December 1, everyone who is deemed to be providing class DIMS will have to be licensed. AFAs who are providing personalised DIMS can operate without a licence but will also be more strictly scrutinised.
There’s been debate in recent days over what c...
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