The FMA’s worst-case scenario on CBL
ANALYSIS: Our market regulator may be about to make a particularly bad decision.
There's also a right way and a wrong way.
There are times when you really want to be wrong, when you hope it will all be fine despite the signs.
Perhaps the Financial Markets Authority will be determined to uphold its stated principles. Perhaps it will follow through on its decisions. Perhaps it will take the high road of risk rather than
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