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FMA revokes Saaga Mortgages license for regulatory breaches.
The Financial Markets Authority (FMA) has revoked the financial advice license of Saaga Mortgages due to serious regulatory breaches.
The investigation revealed the firm submitted altered documents, failed to disclose third-party involvement in advice, and exposed client data to unauthorized staff.
While the director apologized, the FMA emphasized that such misconduct harms consumer trust and market integrity.
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FMA revoca la licencia de Saaga Hipotecas por incumplimiento de las regulaciones.