An article from Insurance Business Mag.
The Financial Markets Authority (FMA) – Te Mana Tātai Hokohoko, which is currently consulting on its proposed guidance for intermediated distribution under the Financial Markets (Conduct of Institutions) Amendment Act 2022 (CoFI), believes there are certain steps that need not be taken in order to comply with the CoFI distribution requirements.
But, first, what are some of the expectations of the FMA?