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Further to 59075 (2025), has the Government written to banks to encourage them to standardise financial information, if so when, and will the letter be made public?

Answered Question 12874 (2026)
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Asked by

Arena Williams

Member for Manurewa · Labour Party

Question

  • Further to 59075 (2025), has the Government written to banks to encourage them to standardise financial information, if so when, and will the letter be made public?

Answered by

Cameron Brewer

Member for Upper Harbour · National Party · Minister of Commerce and Consumer Affairs

Answer

The Government will be writing to banks to encourage them to standardise financial information in due course, acknowledging that their bedding-in of open banking will help to streamline comparisons and applications.