New Zealand First has introduced a Member’s Bill seeking to prevent banks from denying services to businesses based on Environmental, Social, and Governance (ESG) standards.
The Financial Markets (Conduct of Institutions) Amendment (Duty to Provide) Amendment Bill aims to ensure that banking decisions are based on legal grounds rather than what the party calls “woke ideology” driven by globalist climate agendas.
The proposed legislation is intended to protect businesses from ESG-related costs and restrictions, ensuring fair access to financial services.
The Bill, “will mean that no New Zealand business can be denied banking services unless the decision is grounded in law – it will stop banks imposing woke-riddled, expensive, deadweight costs on our productive sector,” leader Winston Peters tweeted.
NZ First Introduces Bill To Fight ‘Woke Banks’
Today New Zealand First has introduced a Member’s Bill aimed at preventing banks from refusing their services to businesses because of the current “Environmental, Social, and Governance (ESG) Framework”.
The ‘Financial Markets…
— Winston Peters (@winstonpeters) February 10, 2025
Excellent.
So, the Gene Technology bill currently before parliament involves environmental and social issues.
Would banks restrict funding for new gene technologies because of environmental and social issues?
That doesn’t sound ‘woke’ when you look at that perspective. So, does this bill seek to loosen banks funding for new gene tech and GMO?
And, anyhows, why is Winston pushing this and not stopping the dangerous mRNA jabs, like he sold the people who voted for him
Look here, not there.
Wimston is a typical opportunistic turn-coat lawyer who sold the people who voted for him repeatedly throughout his career. Most of these voters are just too old to remember or change their allegiance ’cause they’re dead.
Forked tongue Peters.
Defund the lot of them –
We need a bill that will cement the right to use and carry physical cash.
Isn’t a dollar legal tender?