July 23, 2019 BY Valentina Kirilova

FMA issues a Stop Order against Syndicated Trusts Limited

The New Zealand Financial Markets Authority (FMA) has informed the public that it has issued a Stop Order against Syndicated Trusts Limited (STL), ordering the company to stop advertising or accepting money for financial products. A Stop Order can be used by the regulator in order to stop particular behaviour or force a market participant…

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