Designating banking under the Customer and Product Data Bill
Published: 1 May 2025Cabinet paper seeking agreement to draft regulations that enable a consumer data right in the banking sector
Type
File
PDF, 192KB, 14 pages
Cabinet paper seeking agreement to draft regulations that enable a consumer data right in the banking sector
PDF, 192KB, 14 pages
Cabinet agreed to make regulations that enable a consumer data right in the banking sector.
PDF, 175KB, 3 pages
MBIE’s analysis of the proposal to make regulations that enable a consumer data right in the banking sector.
PDF, 2.6MB, 36 pages
Cabinet paper seeking approval to introduce bills to implement a package of reforms to financial services regulation.
PDF, 293KB, 11 pages
Cabinet paper seeking approval to introduce bills to strengthen financial markets conduct.
PDF, 301KB, 14 pages
Cabinet approved the introduction of bills to implement a package of reforms to financial services regulation.
PDF, 288KB, 3 pages
Cabinet approved the introduction of bills to strengthen financial markets conduct.
PDF, 299KB, 4 pages
This statement summarises MBIE’s analysis of an historical problem related to section 99(1A) of the Credit Contracts and Consumer Finance Act, and of options for retrospective legislation to address this. It was developed to support Cabinet’s decision in March 2025 to backdate reforms made in 2019 to ensure the courts always have flexibility to determine liability for the costs of borrowing over the period of the lender’s non-compliance, based on what they consider just and equitable to all parties. This policy is given effect by amendments including in the Credit Contracts and Consumer Finance Amendment Bill and would apply equally to active litigation against ANZ and ASB.
PDF, 417KB, 19 pages
Background information and initial advice on issues facing the Commerce and Consumer Affairs portfolio.
PDF, 762KB, 30 pages
Cabinet agreed to the Government’s final response to the Retirement Commission’s 2022 Review of Retirement Income Policies, and the terms of reference for the Commission’s 2025 Review.
PDF, 364KB, 3 pages
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