Bring in the Experts – Wednesday 23th November – FMA Thematic Review on wholesale investing

FMA review on wholesale investing and the use, confirmation, and acceptance, of eligible investor certificates

The Financial Markets Authority (FMA) has found several conduct concerns in the wholesale property investment sector, and issued seven formal warnings.

The FMA commenced a review of wholesale investments into property-related offers after noting an increase in complaints made and concerns raised about how such wholesale offers were being promoted, and whether the appropriate investors were being targeted and accepted.

The FMA’s most significant findings related to the use, confirmation, and acceptance, of eligible investor certificates¹. The FMA found some certificates were not confirmed by financial advisers, accountants or lawyers (as is required), while other certificates were confirmed – and accepted by offerors – with no grounds or the grounds did not relate to the matters certified.

This webinar will provide you with the finding of the FMA thematic review including specific findings regarding Financial Advisers.

Joining us in this discussion is Michael Dickson, Manager, Disclosure and Market Conduct

If you are an advisers that does or want to confirm eligible investor certificates then this is a must attend webinar.

How do I join the webinar series? Zoom Link– simply click on the link to register for the series
Can I ask questions during the webinar? Members will be provided the opportunity to ask questions via the written ‘chat’ function or the Q & A tab.
What is the cost? Free for Financial Advice Members and $50+gst for non-members.

CPD will automatically be applied to member’s accounts within 10 working days after the webinar. If you are not a member and would like a Certificate of Attendance, please indicate on the webinar registration page.