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Eligible Investor Certificates off the tightrope

Dentons Insights - Fr, 26.09.2025 - 01:00

New Zealand: On 18 September 2025 the High Court released its highly anticipated decision regarding the Financial Markets Authority’s (FMA) “eligible investor” case stated application. In this Financial Law Insight, we dive into the judgment, the reasoning of Fitzgerald J, and where matters now stand in relation to wholesale investor exclusions.