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Perhaps they should take a similar approach to the Commonwealth's handling of kiwi advisers operating in Oz. For the most part they are exempt from the FASEA regime thanks to the Trans-Tasman Mutual Recognition Act 1997 and for now, RG146.86. The basis being (other than common sense) they have corresponding training requirements. A couple of exceptions exist i.e. superannuation and margin lending but they are overcome by completing the appropriate gap training.