CORRECT: Goldsmith goes with 'enhanced' funding option for Financial Markets Authority

Thu, 03 Nov 2016

(Corrects 1st paragraph in story that ran on Nov. 3 to remove reference to extra govt funding) By Paul McBeth Nov. 3 (BusinessDesk) - The Financial Markets Authority will get an extra $9.8 million a year after Commerce Minister Paul Goldsmith signed off on an increase in the regulator's funding to beef up its monitoring. Goldsmith approved the move which will see most of the burden fall on financial services providers through the annual levy they pay, which officials say will enable the market watchdog "to proactively engage with the...

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