Simpson backs Council of Financial Regulators refresh
The Commerce and Consumer Affairs Minister’s support for the umbrella group follows a damning report that said it lacked a clear purpose.
Commerce and Consumer Affairs Minister Scott Simpson.
Commerce and Consumer Affairs Minister Scott Simpson backs an operational refresh of the group that oversees New Zealand’s financial system, after a highly critical review found it lacked purpose, did not deliver outcomes, and produced useless papers.
The report, by consultancy firm Sapere, was
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