RBNZ updates external whistleblower policy

whistleblowers

The Reserve Bank of New Zealand (RBNZ) has launched a new “streamlined” whistleblowing policy, which allows people to raise concerns directly with the regulator.

“Whistleblowing is a critical avenue for those wanting to shine a light on wrongdoing within regulated entities,” says Andy Wood, head of supervision.  

“Exposing such behaviour is the first step to resolving it, and is critical to maintaining trust and confidence in the country’s insurers, banks or non-bank deposit takers.”

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