ANZ's board gets 'much improved' ticks from Deloitte and RBNZ

Tue, 29 Mar 2022

ANZ Bank New Zealand's board is showing "a marked improvement" in corporate governance, according to the Reserve Bank.A review of ANZ's directors' attestation framework, ordered by the RBNZ and conducted by accounting firm Deloitte, has found the bank has taken "appropriate steps" to remedy the concerns raised in another report published in 2019.That 2019 report made 40 recommendations to address those concerns and the RBNZ used its powers under section 95 of the Reserve Bank Act to ensure ANZ, NZ's largest b...

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