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Reserve Bank of New Zealand Bulletin released

Summary:
Release date 19 December 2017 The Reserve Bank today released a Bulletin article by Dr Chris Hunt, ‘Independence with accountability: financial system regulation and the Reserve Bank’. This article discusses the main reasons for delegating certain financial system-related functions and objectives to an agency that sits at arm’s length from government. The article outlines the Reserve Bank’s role as New Zealand’s single integrated prudential regulator and supervisor, and the important accountability arrangements that sit alongside the tasks delegated by Parliament to the Reserve Bank. Read the article: Independence with accountability: financial system regulation and the Reserve Bank. Media Contact:Angus Barclay, External Communications AdviserPhone 04 471

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Release date

19 December 2017

The Reserve Bank today released a Bulletin article by Dr Chris Hunt, ‘Independence with accountability: financial system regulation and the Reserve Bank’.

This article discusses the main reasons for delegating certain financial system-related functions and objectives to an agency that sits at arm’s length from government.

The article outlines the Reserve Bank’s role as New Zealand’s single integrated prudential regulator and supervisor, and the important accountability arrangements that sit alongside the tasks delegated by Parliament to the Reserve Bank.

Read the article: Independence with accountability: financial system regulation and the Reserve Bank.

Media Contact:
Angus Barclay, External Communications Adviser
Phone 04 471 3698 or 027 337 1102. [email protected]

Reserve Bank of New Zealand News Releases
The Reserve Bank of New Zealand is New Zealand’s central bank. We promote a sound and dynamic monetary and financial system.

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