Sanabil Holdings (Pvt) Limited Contact New Zealand banking regulator to publish new rules to protect investors

New Zealand banking regulator to publish new rules to protect investors

New Zealand Banking Regulatory Authority (NZBRIA) chairman Dr Mark Williams has announced a number of new measures designed to ensure investors are protected.

Key points:Dr Williams says the rules will also be reviewed if there is a financial crisisDr Williams has already been asked to clarify whether the proposed changes to ensure that the public’s interests are protected are consistent with New Zealand’s financial stability lawsDr Williams said he is not concerned about the potential impact of changes to the rules on investment banks and mutual fundsIf you or anyone you know needs help, call Lifeline on 13 11 14.