The Reserve Bank of New Zealand has launched an independent inquiry into how it accidentally sent details of its new money-printing and lending programme to non-banks 45 minutes before the 2pm embargoed release of the bank’s November Monetary Policy last Wednesday.
The RBNZ has engaged Deloitte to independently review internal processes, after the information was "accidentally disclosed to a small group of financial services firms".
It says the limited information contained in the letter is unlikely to have provided anyone with a market advantage, but it "is taking the matter seriously".
The RBNZ banned media lockups four years ago after a journalist breached the embargo.