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New Zealand: Financial Sector Assessment Program : Technical Note-Fund Management-Regulation, Supervision, and Systemic Risk Monitoring.

The capital market regulatory framework in New Zealand has gone through a major overhaul since the last FSAP in 2004. Many capital market players were not licensed or supervised at the time, including asset managers. A major regulatory reform established the FMA as the conduct regulator of the finan...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Washington, D.C. : International Monetary Fund, 2017.
Colección:IMF country report ; no. 17/117.
Temas:
Acceso en línea:Texto completo

MARC

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520 3 |a The capital market regulatory framework in New Zealand has gone through a major overhaul since the last FSAP in 2004. Many capital market players were not licensed or supervised at the time, including asset managers. A major regulatory reform established the FMA as the conduct regulator of the financial sector and determined a licensing regime for managers of Managed Investment Schemes (MIS) - known more commonly as collective investment schemes (CIS) elsewhere. Retail offers of MIS are also regulated now and subject to governance, disclosure and eligibility requirements. 
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