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FMCA compliance tough but worthwhile: AMP

Friday 25th of November 2016

The industry has been working towards a December 1 deadline for licenses for operators such as managed investment schemes, DIMS providers and derivatives issuers under the FMCA.

They must meet new requirements including more prescriptive disclosure documents detailing a wider range of information for investors.

AMP has transitioned 12 of its schemes to the new FMCA regime, which T...

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