Bank director attestation review As I discussed earlier, the bank disclosure regime is supported by a requirement for bank directors to attest to (i.e. sign-off on) the accuracy of information contained in the disclosure statements. This is a crucial aspect of New Zealand’s regulatory regime. Directors are responsible and accountable for the integrity of bank reporting.
That is, while futures markets suggest that the level of oil prices is expected to remain well below levels seen last summer, markets do not expect oil prices to fall further, so their influence in holding down inflation should be temporary.