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IPO due diligence not up to scratch, subscribers say

But will the FMA actually carry out a review? With special feature audio.

Calida Smylie
Thu, 21 Jul 2016

The Financial Markets Authority should investigate the state of due diligence of New Zealand’s initial public offers, NBR subscribers believe.

More than three-quarters of subscribers polled say IPOs are clearly not up to scratch and they would like the FMA to look into due diligence standards.

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Calida Smylie
Thu, 21 Jul 2016
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IPO due diligence not up to scratch, subscribers say
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