Another concern raised at select committee was how the framework of the bill works in relation to the intermediaries of financial institutions. The committee recommended that intermediaries' obligations in the bill be reduced by removing the duty for intermediaries to comply with financial institutions' fair conduct programmes and removing the duty on financial institutions to ensure that intermediaries comply with their programme. The change will help to ensure that the new regime is not placing unnecessary compliance costs on intermediaries while also requiring financial institutions to take greater responsibility for customer outcomes regardless of the sales channel. The Ministry of Business, Innovation and Employment is currently publicly consulting on the intermediary provisions in the bill to ensure that the intermediaries' obligations are right-sized and will work in practice.