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Regulating The Financial Sector

Thursday, 2 August 2012, 11:03 am
Article: ParliamentToday.co.nz

A bill setting up a regulatory regime for the finance sector will make progress in Parliament today.

After Question Time, MPs are due to hold the second reading debate on the Non-bank Deposit Takers Bill. This sets up a new prudential framework for institutions taking monetary deposits that are not classed as banks.

Last night’s estimate debate was adjourned with three hours and 40 minutes remaining.

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ParliamentToday.co.nz is a breaking news source for New Zealand parliamentary business featuring broadcast daily news reports.

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