NZ Inc should demand better outcomes from financial regulation

The FMA has been consulting on outcomes-focused regulation. (Image: BusinessDesk)

Mon, 23 Sep 2024

If you are in the financial services sector it is a confusing time to be regulated and a lot of that confusion has revolved around one word: “outcomes”.Political journalists had a taste of that confusion last week when Prime Minister Christopher Luxon appeared to hit back at accusations crime targets had not been met. Luxon retorted that it was all about “outcomes” rather than meeting any target. Somewhat unsurprisingly many in the room thought there was supposed to be some sort of crossover between the two con...

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