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Ed Sheeran

Financial Authority embraces reo

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The Financial Markets Authority says companies who offer investments can now publish product disclosure statements in both te reo Māori and English.

The accuracy of the translation must be confirmed to the FMA by a translator certified by Te Taura Whiri i te Reo Māori.

The authority doesn’t usually allow statements in more than one language because of prescribed length limits, General counsel Nick Kynoch says the exemption promotes the confident and informed participation of investors in financial markets who are more engaged and have a better understanding when information is provided in both te reo Māori and English.

It is also in line with the purpose of the Māori Language Act 2016 to provide means to support and revitalise te reo Māori.

 

 

 

 

 

 

 

 

 

 

 

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