Wellington lawyer Stephen Franks will lead a review of the code of conduct for the country’s banks.

The Code of Banking Practice, reviewed every three years, sets standards of good banking practice that members of the New Zealand Bankers’ Association (NZBA) need to meet to maintain good service to customers.

The NZBA today released a paper inviting comment on how the code, written in 1996, is operating and areas for improvement.

The operation of the Electoral Finance Act under an MMP system is likely to lead to much more action in the courts after the election than in previous elections, electoral law expert Hayden Wilson of legal firm Kensington Swan is predicting.

“The result of the election could even turn on the decisions of the Electoral Court if there were litigation arising out of the results in certain critical seats,” he said