RITANZ recently met with the Treasurer to discuss Phase 2 of the Reserve Bank Act, in particular whether NZ should introduce Depositor Preference or a Depositor Insurance Scheme, or a combination on both into the Reserve Bank Act. They are calling for public submissions and RITANZ is currently preparing a written submission in this regard.

Please feel free to send us your comments and feedback so that we can incorporate your views into our report.

The full Phase 2 Consultation Document is available here to read.

Phase 2 Consultation Document

 

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