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New Zealand central bank raises concerns over weaknesses in Westpac NZ's risk governance

March 24 (Reuters) - The Reserve Bank of New Zealand on Wednesday raised concerns around risk governance processes in lender Westpac’s operations in the country.

The central bank also said that it had instructed Westpac to commission two independent reports to address the concerns. (Reporting by Rashmi Ashok in Bengaluru; Editing by Aditya Soni)

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