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FAA steering group manned by officials

Friday 22nd of May 2015

An issues paper for the review is due over the coming weeks but reportedly has to go to Cabinet before it can be distributed.

The Ministry of Business, Innovation and Employment (MBIE) policy and subject matter experts will review submissions and provide policy advice and analysis with their final recommendations to the Minister by July 2016 on changes, if any, to the Acts.

An MBIE spokeswoman said his is a standard approach for reviews of this nature.

The review has a steering group made up of representatives from MBIE, Treasury, the Financial Markets Authority (FMA) and the Commission for Financial Capability, which provides high level direction and oversight of the review.

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