Jenee Tibshraeny: NZ Herald Wellington business editor on National deciding not to scrap regime designed to protect customers
The Government has decided against scrapping a new regime aimed at preventing banks, insurers and non-bank deposit takers from mistreating customers.
This Code of Conduct was established following a 2018 Royal Commission exposing questionable behaviour by Australian banks.
NZ Herald Wellington business editor Jenee Tibshraeny explains why institutions were surprised by this 'inevitable' announcement.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.