close
MENU
Politics
5 mins to read

Committee takes collaborative approach to Deposit Takers Bill

Proposed law would require the Reserve Bank to treat small financial institutions differently to the major banks.

Finance committee has given the Reserve Bank direction about how it should monitor non-bank deposit takers.

Brent Edwards Mon, 17 Apr 2023

The Financial Services Federation is happy with proposed changes to the Deposit Takers Bill, which will require the Reserve Bank to treat small financial institutions differently to the major banks.

Parliament’s Finance and Expenditure Select Committee reported back on the Bill last week, and

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace

Yearly Premium Online Subscription

NZ$499.00 / yearly

Monthly Premium Online Subscription

NZ$44.95 / monthly

Smartphone Only Subscription

NZ$24.95 / monthly

Premium Group Membership 10 Users

NZ$350+GST / monthly

$35 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Already have an account? Login
Brent Edwards Mon, 17 Apr 2023
Contact the Writer: brent@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Committee takes collaborative approach to Deposit Takers Bill
Politics,
98637
true