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Advantages and disadvantages of non-intrusive approach

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The RBNZ applies a largely non-intrusive approach to supervision and does not conduct on-site inspections to verify and determine compliance with regulations and guidelines or the effectiveness of management, systems, and data. Discuss the advantages and disadvantages of this non-intrusive approach. Should the RBNZ introduce on-site inspections, and if so, why?

Reference no: EM132712088

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