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What is the Minister's position, if any, on whether a voluntary reimbursement scheme from banks for victims of authorized payment scams should be applied retroactively?

Answered Question 16838 (2026)
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Asked by

Arena Williams

Member for Manurewa · Labour Party

Question

  • What is the Minister's position, if any, on whether a voluntary reimbursement scheme from banks for victims of authorized payment scams should be applied retroactively?

Answered by

Cameron Brewer

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

Answer

It would be for the banking sector to consider whether to make its Code retrospective.