The new bill, which regulates the behavior of financial institutions, began its second reading in Congress and was soon criticized by the public.
Friday, June 11, 2021 8:08 AM
Minister Poto Williams yesterday began a second reading of the Financial Markets (Institutional Behavior) Amendment Bill outlining why changes and new regulations are needed.
But Congressman Nicola Willis quickly criticized it as a “compliance, box-tickling movement.”
The second reading of the bill was interrupted by retiring the valedictorian speech of Parliamentarian Nick Smith.
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The public criticizes the new action bill
Source link The public criticizes the new action bill