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New Zealand's government faces criticism over financial reform bills that may favor banks over consumers.
The New Zealand government is seeking public submissions on several financial reform bills, including changes to dispute resolution and credit contracts, aiming to streamline regulations and protect consumers.
However, opposition politicians criticize the government for allowing major banks to avoid repaying customers for alleged breaches of disclosure laws, arguing the changes favor big banks over consumers.
Submissions are due by June 23.
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El gobierno de Nueva Zelanda enfrenta críticas por los proyectos de ley de reforma financiera que pueden favorecer a los bancos en lugar de a los consumidores.