News

FMA offers assistance over FAP “areas of concern”

Friday 27th of May 2022

To do so, it has issued new guidance for financial advice providers (FAPs) about how to demonstrate compliance with record keeping obligations.

The rules apply to both transitional FAP licences and full FAP licences.

They state that people must create and maintain adequate records in relation to their services in a timely manner.

To help advisers do this, an information...

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