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Kent Duston: Banking Reform Coalition convener on whether recent banking reforms are at risk
ASB recently agreed to pay $135.6 million to settle a class action for allegedly breaching the Credit Contracts and Consumer Finance Act.
ANZ has refused to settle, and it's prompted concerns over recent proposed banking reforms are at risk.
Banking Reform Coalition convener Kent Duston explained further.
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By Newstalk ZB
5
11 ratings
ASB recently agreed to pay $135.6 million to settle a class action for allegedly breaching the Credit Contracts and Consumer Finance Act.
ANZ has refused to settle, and it's prompted concerns over recent proposed banking reforms are at risk.
Banking Reform Coalition convener Kent Duston explained further.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
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