'No plans' to separate monetary policy and prudential supervision in Phase 2 of RBNZ review

Thu, 07 Jun 2018

By Rebecca Howard June 7 (BusinessDesk) - The government is "not planning" to separate the Reserve Bank's separate monetary policy and prudential supervision responsibilities in the second phase of the review of the Reserve Bank Act - aimed at the financial stability role and broader governance reform, says Finance Minister Grant Robertson. "The government is not planning to go down the separation path at this stage," said Robertson in a question and answer document about the terms of the reference for the second phase published today....

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