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Paying the piper – how much you could have to pay for the FMA
Friday 10th of June 2011
A Financial Adviser Act levy on AFAs, RFAs, QFEs and the advisers they are responsible for is one of the options outlined in the Ministry of Economic Development discussion paper on funding the FMAs $26 million budget.
Other proposals include an FMA levy on either financial service providers and certain issuers, an FMA levy on all companies and other entities or a combined FAA/FMA levy o...
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