New Zealand regulator cancels Filcare Services Limited’s licence
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FMA Cancels FAP’s Licence
The Financial Markets Authority has cancelled Filcare Services’ Financial Advice Provider licence, at its request. A statement from the authority says Filcare held a full financial advice provider licence, providing financial advice to approximately 1,800 retail clients, many of whom were migrant workers from the Filipino community. FMA’s Head of Perimeter and Response Helena Lewis says that “…Filcare’s cancellation follows the termination of it…
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