New Zealand National Council Chair Bernard McCrea SF FIN said the council was looking to members who can give a few hours of their time to contribute to the submission.
“It is an important part of FINSIA’s role to complement the work that the Reserve Bank is doing in this area,” he said.
“That’s why we are looking to include additional volunteers from our member base who have bring diverse experiences from the financial services sector to help formulate FINSIA’s submission.”
The volunteers will be discussing the Reserve Bank’s final recommendations to the report, which it describes as a significant milestone.
“The case to better understand the barriers for Māori to access capital and to examine the effectiveness of capital allocation across the system has resonated strongly with Māori firms engaged in this kaupapa,” the RBNZ website notes.
“The opportunity to be heard after many years is a significant milestone.
“This piece of work provides the platform to understand a set of experiences and perspectives about the challenges, as a catalyst for actions from participants within the system with a shared intent to move towards more equitable access to capital for Māori.”
To contribute to FINSIA’s submission, which is due by 20th September, please contact [email protected].
