Submissions on proposed exemptions for existing property schemes

The Financial Markets Authority (FMA) has proposed various exemptions in relation to existing property schemes.

We have focussed our submission on the proposed exemption in relation to existing schemes being wound up but are generally supportive of the principle behind providing an exemption from independent custody for some property schemes.

Click here to view Chapman Tripp's submission.

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Related topics: Financial services regulation

Financial services regulation

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