RBNZ responds to lenders’ concerns over cash proposal
Bank acknowledges industry view that prior consultation was lacking
New Zealand’s central bank has acknowledged lenders’ concerns that it provided insufficient notice for a consultation on a proposal to improve cash access, after complaints were raised by the country’s banking industry.
A spokesperson for the Reserve Bank of New Zealand (RBNZ) tells Central Banking today (March 16) that the institution and its governor Anna Breman acknowledge the industry’s concerns over a public consultation announced in late February. The consultation seeks public input on a
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