Ministry of Economic Development
Thank you for the opportunity to comment on the draft Financial Advisers (Disclosure) Regulations 2010 (regulations), and for meeting with us to discuss our views on the regulations and the issues paper you circulated on the application of the disclosure obligation to the provision of telephone advice (issues paper). We appreciate the willingness of the Ministry of Economic Development (MED) to meet with the New Zealand Bankers‟ Association (NZBA) to discuss the workability of the disclosure regime