TMM - News

Prickly CoFI legislation to be kept but reformed

Wednesday 31st of January 2024

After saying, during October’s election campaign, that the legislation would be scrapped, Commerce and Consumer Affairs Minister Andrew Bayly now says it will not be discarded but undergo a targeted review to ensure good conduct obligations are proportionate and fit-for-purpose.

In a speech to the Financial Services Council, Bayly said the review will include reinforcing the princ...

Want to read the full article?
Click the button below to subscribe and will have unlimited access to full article and all other articles on the site.