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Property developers with regulatory run-ins among those given govt underwrite

Housing Minister confident officials did their due diligence. ....

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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 wholesale property investment sector</a><span>, and issued seven formal warnings.</span></p> ....

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Business.Scoop » FMA Formally Warns Wholesale Property Investment Firms After Discovering Non-compliant Practices

Business Scoop provides news and views on Business and Markets from New Zealand ....

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