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Commerce and Consumer Affairs Minister Craig Foss today welcomed a range of new measures to strengthen the financial service provider registration and dispute resolution regime.
“We have made improvements to the financial service provider registration rules and introduced new powers to allow the Financial Markets Authority (FMA) to block the registration of financial service providers if needed,” Mr Foss says.
“The registration changes will help prevent misuse of the register by dodgy individuals trying to exploit New Zealand’s good name.
- Craig Foss
- Consumer Affairs
- Commerce