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FMA declines to ease continuous disclosure requirements

Institute of Directors pushed for changes similar to Australia’s, to deter class action.

The Financial Markets Authority has decided not to follow Australia’s lead and temporarily change the rules on director liability and continuous disclosure.

For six months from the end of May, the Australian government relaxed the liability threshold for assessing whether information to be

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Calida Stuart-Menteath Wed, 17 Jun 2020
Contact the Writer: calida@nbr.co.nz
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FMA declines to ease continuous disclosure requirements
General Business,
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