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ASIC and NZ FMA address financial advice challenges, focusing on protection and innovation.
At the Conexus Financial Summit, ASIC Commissioner Alan Kirkland highlighted challenges in financial advice, focusing on consumer protection and the need for high-quality advice.
He announced a Simplification Consultative Group to tackle regulatory complexity.
Meanwhile, New Zealand's FMA voiced concerns that strict compliance may limit advice availability and is testing innovative financial services through a regulatory sandbox.
Both aim to improve financial advice and protect consumers.
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ASIC y NZ FMA abordan los desafíos del asesoramiento financiero, centrándose en la protección y la innovación.