Wednesday, 12 February 2020
Vote: Bills — Financial Markets (Conduct of Institutions) Amendment Bill
— First Reading
🗳️ That the Financial Markets (Conduct of Institutions) Amendment Bill be now read a first time
Moved by
Hon Kris Faafoi
(New Zealand Labour Party — Member for Mana)
Dr DUNCAN WEBB (Labour—Christchurch Central): Tēnā koe e Te Mana Whakawā. Ngā mihi nui. It’s good to be here in this new year. Look, this is a really important piece of legislation. Stuart Smith stood up before and talked about caveat emptor and then made a quite... Read more →
📋 We've linked this vote to our
“Bank and insurer conduct regulation (fair treatment of consumers)”
policy - our best judgment is that a vote for this is a vote
for Bank and insurer conduct regulation (fair treatment of consumers).
✓ Passed by a narrow margin
(63 Ayes – 57 Noes)
Hansard didn't name individual MPs for this vote, only how each party voted overall, so
there's no per-member breakdown to show here.
🏛️ Party breakdown
| Party | Aye | No |
|---|---|---|
| ACT New Zealand | 0 | 1 |
| Green Party of Aotearoa New Zealand | 8 | 0 |
| New Zealand First | 9 | 0 |
| New Zealand Labour | 46 | 0 |
| New Zealand National | 0 | 55 |