News

Problem found with AML

Friday 26th of July 2013


The FMA has acknowleged there is a problem with the law that took four years to implement and started this month, and it has released a consultation paper, called: “Practical implications of reporting entities transacting with other reporting entities.”

It tackles what the FMA has itself identified as a tricky issue – situations where one reporting entity, such as a fund man...

Want to read the full article?
Click the button below to subscribe and will have unlimited access to full article and all other articles on the site.