FMA issues conduct guidance as market correction risk grows

Wed, 27 Jul 2016

By Paul McBeth July 28 (BusinessDesk) - The Financial Markets Authority wants firms to have a better idea of its view on good business conduct as it races to shore up the country's regulatory framework in an environment of growing risk of market corrections. The market watchdog wants feedback on its guide describing how the regulator views conduct and what it sees underpinning good practices. Chief executive Rob Everett said the document isn't a checklist for firms to meet a set of rules. Rather, it outlines what the FMA would expect com...

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