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RBNZ warns of ‘unintended consequences’, disagrees with ComCom

The central bank responds to the watchdog’s draft report into the banking sector.

RBNZ deputy governor Christian Hawkesby.

The Reserve Bank has disagreed and warned of “unintended consequences” regarding some aspects of the Commerce Commission’s draft study into the banking sector.

The central bank released its submission today, following the release of the draft report last month.

Deputy governor Christian

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Jonathan Mitchell Tue, 23 Apr 2024
Contact the Writer: jmitchell@nbr.co.nz
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RBNZ warns of ‘unintended consequences’, disagrees with ComCom
General Business,
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