News Regulations27 Apr 2021

New Zealand:Govt proposes directors of deposit-taking entities pay personally for insurance

| 27 Apr 2021

The New Zealand Cabinet has finalised a package of new measures to protect New Zealanders' interests in the banking and financial system, including a provision to incentivise good behaviour by directors of banks and other deposit takers by making them insure themselves, rather than be insured via the entity they represent.

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