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Fund managers a growth opportunity for financial advice, FMA says
Monday 29th of February 2016
The FMA is going through the final phase of implementing the Financial Markets Conduct Act.
Managed investment schemes must have a license by December 1.
The FMA expects about 75 schemes will need a licence although some of the smaller operations may not go through with the process.
There have been 16 licenses granted so far and 30 other managers are in discussion with the...
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