Reserve Bank urges banks to show and tell
Banks told to try harder and make sure they are complying.
Brent Edwards
Wed, 27 Nov 2019
Banks told to try harder and make sure they are complying.
The Reserve Bank intends to hire 30 extra staff to beef up its surveillance of banks, life insurers and other financial institutions.
But first it needs to find the money from the government to pay for the increase in its prudential supervision team.
In its latest Financial Stability