Slow to respond: InvestNow gets FMA warning for AML failures
The retail fund portal is the second DIY investing platform to be pinged.
FMA director of supervision James Greig.
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The Financial Markets Authority has issued a formal warning to retail fund portal InvestNow for failing to comply with anti-money laundering requirements.
The regulator said today it had identified issues with InvestNow, the owner of which last month sold to Bermuda-based Apex Group, through routine
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