NZ bank sector heavily regulated? No way, says FMA
Chief executive Samantha Barrass also tells banking inquiry that NZ is way behind on open banking.
FMA chief executive Samantha Barrass.
Jonathan Mitchell
Wed, 09 Apr 2025
Hot Topic
Accountants
The Financial Markets Authority says New Zealand's banks are not heavily regulated, and open banking is long overdue.
Chief executive Samantha Barrass and chair Craig Stobo appeared for questioning today at the Finance and Expenditure Select Committee inquiry into banking competition and rural
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Jonathan Mitchell
Wed, 09 Apr 2025
Contact the Writer: jmitchell@nbr.co.nz
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