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Consultation: Class designation of shares to managed investment products

22 February 2016

We have reviewed the Financial Market Authority's consultation paper concerning a possible class designation of investment company shares to MIPs in MISs.

The issue identified by the paper is essentially one of (possible) regulatory arbitrage - something which we agree the FMA's powers of designation under the FMCA are intended to address.

Click here to view Chapman Tripp's submission.

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