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.
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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