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The IAA supported the FCA’s proposed guidance on communicating fund objectives and investment policies and discussed the need to preserve a level playing field with regard to active and passive management.
The IAA supports the Australian Treasury’s proposed exemptions to allow foreign financial service providers to provide services in Australia without having to obtain a license, under certain conditions.
The IAA asked Australian financial regulators to restore and expand prior regulatory relief to allow foreign financial service providers to provide services in Australia without having to obtain a license.
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