INFINZ says RBNZ bank capital proposals lack analysis and scrutiny

INFINZ says RBNZ bank capital proposals lack analysis and scrutiny
Jenny Ruth
By Jenny Ruth May 23 (BusinessDesk) - The Reserve Bank has provided insufficient material and analysis of its “dramatic” bank capital proposals, and they warrant “a level of scrutiny proportionate to the magnitude and breadth of its potential impacts on the wider economy,” says the Institute of Finance Professionals. INFINZ, which represents more than 1,650 treasury professionals, investment analysts, fund managers, bankers, lawyers and academics as well as students, laments the lack of parliamentary oversight of the Reserve Bank or other...

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