80870 (2024). Arena Williams to the Minister of Commerce and Consumer Affairs

80870 (2024). Arena Williams to the Minister of Commerce and Consumer Affairs: Will the Minister introduce legislation to ensure that social media platforms advertising financial services in New Zealand have to undergo a verification process?

Hon Andrew Bayly: I have made clear my expectations that key sectors where scams are perpetuated must work together to reduce the impact on consumers. If industry-led initiatives do not go far enough, I will consider other options.