80864 (2024). Arena Williams to the Minister of Commerce and Consumer Affairs

Written Question

Published date: 24 Dec 2024

Metadata

Document type:	Written Question
Parliament number:	54
Question number:	80864 (2024)
Question asked:	12 Dec 2024
Member asking:	Arena Williams
Portfolio:	Minister of Commerce and Consumer Affairs
Minister replying:	Hon Andrew Bayly
Answer received:	18 Dec 2024
Status:	Question Answered
Reply type:	Reply
Document ID:	WQ_80864_2024
Document guid:	86069669-31bf-4f59-a9da-322587a05352

80864 (2024). Arena Williams to the Minister of Commerce and Consumer Affairs: Would the Minister support the full or partial reimbursement of victims of authorized payment scams pending the full rollout of the confirmation of payee system in New Zealand in 2025?

Hon Andrew Bayly: The roll out of confirmation of payee has begun. The banking sector is leading work on a reimbursement scheme for authorised payment scams in line with international best practice.