Light-handed Regulation in New Zealand Banking and Financial Services: Has it worked?

  • David Tripe Massey University
Keywords: Banking regulation, New Zealand, bank failure management

Abstract

This paper reviews banking regulation in New Zealand from the deregulation of the

1980s through to the present day. It focuses on the effects of light-handed regulation

that was introduced as part of the deregulatory process and examines its effectiveness

for protecting depositors and at preventing the (potential) looting of New Zealand

banks by their foreign owners. It notes the extent of reregulation now being undertaken.

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Author Biography

David Tripe, Massey University

David Tripe is an Associate Professor of Banking at Massey University and is the Director of the Centre for Financial Services and Markets

Published
2013-11-30
How to Cite
Tripe, D. (2013). Light-handed Regulation in New Zealand Banking and Financial Services: Has it worked?. Applied Finance Letters, 2(2), 20-28. https://doi.org/10.24135/afl.v2i2.15
Section
Articles submitted to regular issue