October 25, 2017 BY Valentina Kirilova

New Zealand FMA to require company ICOs to register a PDS disclosure document

The Financial Markets Authority (FMA) has published commentary on initial coin offers (ICOs) and cryptocurrency services alongside online resources for investors. Innovation is increasingly shaping financial services and regulators globally are considering their responses. The FMA shared that it wants to facilitate responsible innovation, and ensure that the regulatory regime remains relevant and agile. This…

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