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flag New Zealand’s central bank seeks public input on new financial rules for bank transfers and oversight, with final rules set for 2028.

flag The Reserve Bank of New Zealand has opened a public consultation on draft standards for the Deposit Taker Act, focusing on business transfers, holding entities, restricted activities, and due diligence guidance. flag The second phase, running until 15 May 2026, is part of a three-phase process to modernize financial regulation, with final standards expected to take effect on 1 December 2028. flag The RBNZ is seeking input from industry and the public to ensure the framework remains proportionate and competitive.

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