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Finance Minister And RBNZ Governor Agree To Update MOU On Macro-prudential Policy

Minister of Finance Finance Minister Grant Robertson and Reserve Bank Governor Adrian Orr have updated the Memorandum of Understanding (MoU) on macro-prudential policy to further protect the financial system and support the Government’s housing objectives. “This change will ensure that the Reserve Bank has the flexibility to respond to emerging financial stability risks and deploy appropriate tools as required,” Grant Robertson said. “I have largely agreed to the Treasury and Reserve Bank’s proposed update to the MOU to add debt serviceability tools, but as I indicated in June this extension should not unduly impact first home buyers. As such, we have agreed further wording

Business Scoop » Finance Minister And RBNZ Governor Agree To Update MOU On Macro-prudential Policy

Press Release – New Zealand Government Finance Minister Grant Robertson and Reserve Bank Governor Adrian Orr have updated the Memorandum of Understanding (MoU) on macro-prudential policy to further protect the financial system and support the Governments housing objectives. Hon Grant Robertson Minister of Finance Finance Minister Grant Robertson and Reserve Bank Governor Adrian Orr have updated the Memorandum of Understanding (MoU) on macro-prudential policy to further protect the financial system and support the Government’s housing objectives. “This change will ensure that the Reserve Bank has the flexibility to respond to emerging financial stability risks and deploy appropriate tools as required,” Grant Robertson said.

Belgica: Even Jesus Christ can t meet PSA requirements to solemnize marriage

Anti-Red Tape Authority (ARTA) Director-General Jeremiah Belgica (Photo from ARTA) Belgica made the statement as he sought a meeting with the PSA and religious sects to discuss concerns in the process and requirements for securing a Certification of Authority to Solemnize Marriage (CRASM). In a meeting with PSA and other agencies on July 15, Belgica questioned one of the requirements for the said certification, which was a list of 200 bonafide active members including their complete address and signatures. According to the ARTA chief, the said requirement was discriminatory as there were a lot of home churches nowadays. “What is the basis of the 200 membership? What if the ministry is a starting ministry or organization?” Belgica asked.

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