#Latest news with #prudentialpolicyBloomberg07-05-2025BusinessBloombergNZ's Willis Sought Meeting on Bank Capital Before Orr Quit RBNZNew Zealand Finance Minister Nicola Willis sought a meeting with former Reserve Bank Governor Adrian Orr to discuss bank capital requirements in the weeks prior to his sudden resignation, documents released under the Official Information Act show. Willis also sought advice on her powers to direct the central bank on prudential policy, according to the documents released Wednesday in Wellington.
Bloomberg07-05-2025BusinessBloombergNZ's Willis Sought Meeting on Bank Capital Before Orr Quit RBNZNew Zealand Finance Minister Nicola Willis sought a meeting with former Reserve Bank Governor Adrian Orr to discuss bank capital requirements in the weeks prior to his sudden resignation, documents released under the Official Information Act show. Willis also sought advice on her powers to direct the central bank on prudential policy, according to the documents released Wednesday in Wellington.