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FMA passes 10-year milestone

Friday 9th of July 2021
However, calls to shore up regulation of New Zealand's financial system started to get louder from around 2006, and when the country's largest finance company - Hanover Finance - began its rapid decline into receivership at the end of 2008 those calls turned into shouts.
As a result, the Financial Markets Authority (FMA) was officially established on May 1, 2011, as part of the...
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