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FMA expects 70 MIS managers

1 September 2016

Investment News NZ has published figures from the Financial Markets Authority (FMA) that confirm the complete set of managed investment scheme (MIS) managers should tally to about 70.

While the FMA is satisfied that most expected entities would make the Financial Markets Conduct Act transition deadline of 30 November in time, the regulator is aware of seven managers still yet to apply for licensing.

Read the full story on the Investment News NZ website.