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.
Want to read more? It's easy.
Choose your best value subscription option
Student
Exclusive offer for uni students studying at a New Zealand university (valued at $499).