RBNZ imposes tougher director attestation process on ANZ NZ

Thu, 12 Dec 2019

ANZ Bank New Zealand's attestation processes still aren't up to scratch and the Reserve Bank of New Zealand said an external party must confirm that a series of improvements have been put in place by June 2021.The central bank requested a report on ANZ’s director attestation and assurance framework, under section 95 of the Reserve Bank of New Zealand Act 1989 in June. ANZ hired Deloitte to prepare the report. The Deloitte report said ANZ needed to reform that framework to significantly improve the robustness and sustainability of its gover...

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