Gold-plating or prudent? Reserve Bank ruckus exposes governance shortcomings
If only, like the FMA, the Reserve Bank had a conventional board …
Roger Partridge
Sat, 02 Feb 2019
The Reserve Bank is an unusual entity. It has a board that is not a board, and a governor who is also a chief executive.
The governor has immense power, including sole responsibility to determine the capital requirements for all registered banks by controlling their “conditions of
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Roger Partridge
Sat, 02 Feb 2019
Contact the Writer: simone.white@nzinitiative.org.nz
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Gold-plating or prudent? Reserve Bank ruckus exposes governance shortcomings
Analysis,
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