New Zealand Financial Markets Authority Formally Warns Wholesale Property Investment Firms After Discovering Non-Compliant Practices
<p><span>The Financial Markets Authority (FMA) – Te Mana Tātai Hokohoko has found </span><a title="Findings from the FMA’s thematic review of wholesale offers of financial products, along with guidance for offerors and those who provide confirmation for eligible investor certificates. Published 20 October 2022." rel="noopener noreferrer" href="https://www.fma.govt.nz/assets/Reports/FMA-Thematic-review-of-use-of-the-wholesale-investor-exclusion.pdf" target="_blank">several conduct concerns in the whole...