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Are you a FAP?
The FMA recently released their FAP Monitoring Report. The report summarises the findings/themes following the FMA reviewing a number of Class 1 and Class 2 FAPs.
With learnings for all Classes of FAPs, we have summarised the report themes and provide recommendations we suggest FAPs and financial advisers should consider.
Mosaic has extensive experience in supporting FAPs in assessing and improving their adherence to their obligations.
